Discovery of large sediment hosted copper system confirmed by diamond drilling:
Assay results for diamond drill holes ST23-01, ST23-02 and ST23-03 indicate that all three holes have intersected sediment hosted copper beneath the near-surface copper deposits at Storm
ST23-02 has intersected a 24 metre (m) thick interval of copper sulfides at depth with copper values up to 2.7% Cu, indicating the potential of the deeper system to host high-grade mineralization
The wide-spaced location of the holes – between 600m to 2 kilometre (km) spacing – highlights the broad lateral scale of the sediment-hosted copper system
The results confirm the correlation between the sediment-hosted copper and gravity anomalies, highlighting large-scale exploration potential with more than 14km prospective strike untested by drilling
High-grade new near-surface discovery at Thunder:
Diamond drill hole ST23-03 has returned assays of:
76m @ 2% Cu from 32.4m, including
48.6m @ 3% Cu from 32.4m, and including,
20m @ 6.2% Cu from 40.8m
The Thunder discovery – located 1km from the known near-surface Storm copper deposits – highlights the resource expansion and exploration potential of the near-surface mineralization
Aston Bay Holdings Ltd. (TSXV: BAY) (OTCQB: ATBHF) ("Aston Bay" or the "Company”) is pleased to report assay results that confirm the discovery of sediment hosted copper system at depth, as well as high-grade results from one of the new near-surface discoveries at the Storm Copper Project (“Storm” or the “Project”) on Somerset Island, Nunavut. The drill holes were part of a program conducted by American West (as defined below) as operator of the Project pursuant to the Option Agreement (as defined below).
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