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Aston Bay Holdings Ltd.
Summary
| Project: | Buckingham | |
|---|---|---|
| Deposit: | Buckingham | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 6/27/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-6-2019: Aston Bay Holdings Ltd. announces an Exploration/Drilling Update report for its Buckingham deposit at the Buckingham project. Drilling results incl. 22.22m @ 1.90g/t Au from 86.28m. June 27, 2019 - Toronto, ON - Aston Bay Holdings Ltd. (TSX-V: | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Turner (Not stated) | |
| ABSTRACT: | June 27, 2019 - Toronto, ON - Aston Bay Holdings Ltd. (TSX-V: BAY; OTCQB: ATBHF) (“Aston Bay” or the “Company”) is pleased to announce the final results of its recently completed drill program at the Buckingham Gold Project located in central Virginia, USA. Six large diameter (HQ) diamond drill holes totaling 878 metres (m) were completed in April, with partial results from quartz veined intervals previously reported (see June 5, 2019 Aston Bay release). Results from the remaining portions of the drill holes are presented here. All six drill holes intersected significant near-surface gold mineralization, either in quartz veins or in wider zones of sericite-quartz-pyrite alteration (see Table 1 below). “These are impressive near-surface results from our initial program in Virginia,” stated Aston Bay CEO Thomas Ullrich. “We have significant gold intercepts in quartz veins as well as in broader alteration zones, both interpreted to represent a mineralized zone dipping steeply from the surface. Even more notable, this outcropping zone sits within a much larger gold-in-soil anomaly, suggesting the potential for a much larger system concealed under cover. We look forward to expanding on these results with comprehensive geochemical and geophysical programs designed to inform targeting for a more extensive proposed drill program later this summer. | |
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