- Aston Bay Holdings (BAY) has located additional copper mineralization at its Storm Copper Project
- Visual results confirm the presence of shallow copper mineralization in another four diamond drill holes on the project, located on Somerset Island, Nunavut
- All intersections of copper sulphide are within 100 metres from surface, indicating a significant volume of shallow mineralization
- A total of six diamond drill holes have now been completed
- Aston Bay Holding is unchanged, trading at $0.035 at 10:52 am ET
Aston Bay Holdings (BAY) has located additional copper mineralization at its Storm Copper Project.
The visual results confirm the presence of shallow copper mineralization in another four diamond drill holes on the project, located on Somerset Island, Nunavut.
Current work marks the maiden drilling program for American West Metals Limited, which entered into an option agreement with Aston Bay in March 2021 and served as the project’s operator.
The four additional diamond drill holes at the high-grade project bring the total number of completed holes up to six.
All intersections of copper sulphide are within 100 metres from surface, indicating a significant volume of shallow mineralization.
“Drilling at Storm has produced outstanding results in all six holes drilled so far this season,” said Aston Bay CEO Thomas Ullrich.
“These significant new results continue to demonstrate the continuity between historical copper intersections at the 2750N Zone, where our partner is working to define a copper resource. Drilling will soon shift to test geophysical anomalies for similar mineralization in other areas as well as targets that may represent feeder zones for the near-surface mineralization.”
The company has now completed 789 metres of drilling during the current campaign.
Mineralization encountered within the latest drill holes shows similar zonation of the copper-bearing minerals, with chalcocite being the dominant mineral and chalcopyrite, bornite, covellite and minor oxides being present within specific intervals.
Aston Bay Holding is unchanged, trading at $0.035 at 10:52 am ET.
