on Aston Bay Holdings Ltd (NASDAQ:ATBHF)
Aston Bay and American West Metals Kick Off Drilling at Storm Copper Project
TORONTO, ON / ACCESSWIRE / April 22, 2024 / Aston Bay Holdings Ltd. has announced the start of its 2024 drilling program at the Storm Copper Project in Nunavut, Canada, conducted by American West Metals Limited. This high-impact drilling includes testing new targets, resource definition, and planning for an upcoming maiden mineral resource estimate in May 2024.
The program includes reverse-circulation (RC) drilling, focusing on high-priority electromagnetic (EM) and induced polarization (IP) targets to expand the known mineralized zones and explore new areas within the over 2,000 sq km project site. This includes drilling at the high-grade copper discovery at Thunder, locations near the Cyclone and Chinook Zones, and the underexplored Tornado, Blizzard, and Tempest Prospects.
A moving loop electromagnetic (MLEM) survey, running parallel to the drilling, aims to define and extend known high-grade copper zones and identify new drilling targets. The drilling program aims not only to expand known resources but also discover new copper mineralization.
Aston Bay CEO Thomas Ullrich expressed enthusiasm for the new drilling phase, noting the proven effectiveness of the geophysical techniques being employed to uncover deeper mineralization. The company expects significant advancements from this season's operations.
R. H.
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