Aston Bay Further Expands Land Package and Extends Drill Program at its Mountain Copper-Zinc Project in Virginia, USA
Aston Bay Further Expands Land Package and Extends Drill
Program at its Mountain Copper-Zinc Project in Virginia, USA
TORONTO, ON / ACCESSWIRE / February 10, 2022 / Aston Bay Holdings Ltd.
(TSXV:BAY) (OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to announce that it
has entered into exploration agreements with additional private landowners to lease the mineral
rights for more key parcels of land adjacent to the Company's Mountain Copper-Zinc Project in
Central Virginia. In addition, due to encouraging results the Company is once again extending
the ongoing diamond drill program to a total of 3,500 metres (m). This is the second extension of
the originally planned 1,500m program (see news release dated August 25, 2021 and news
release dated November 12, 2021).
The newly signed exploration agreement increases the total area under lease at the Mountain
Base Metals Project to over 2,127 acres (861 hectares). Negotiations for exploration agreements
over other prospective parcels continue as the Company seeks to further expand the project area.
"We are pleased to partner with more private landowners in the area," stated Thomas Ullrich,
CEO of Aston Bay, "and are excited to examine the tremendous copper-zinc potential in this
area. We have drilled over 3,000 metres in eight holes to date, with copper and zinc
mineralization observed in all holes. The drilling continues to expand the mineralized footprint
of this SEDEX (sedimentary exhalative) discovery."
The mineralization intersected in the drilling comprises stacked zones of disseminated and semi-
massive chalcopyrite and sphalerite, with pyrite and pyrrhotite, hosted within metamorphosed
carbonate rocks. The style of mineralization suggests a SEDEX (sedimentary exhalative) deposit
model, previously unrecognized in Central Virginia. Assay results are pending.
Qualified Person
As per National Instrument 43-101 Standards of Disclosure for Mineral Projects, Andrew
Turner, P.Geol., a consultant to Aston Bay, is the Qualified Person for the Company and has
prepared, validated and approved the technical and scientific content of this news release. The
Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and
reporting its exploration activities.
About Aston Bay Holdings
Aston Bay is a publicly traded mineral exploration company exploring for base metals and gold
deposits in Virginia, USA, and Nunavut, Canada. The Company is led by CEO Thomas Ullrich
with exploration in Virginia directed by the Company's advisor, Don Taylor, the 2018 Thayer
Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona. The
Company is currently drilling the Mountain Base Metals Project in Virginia, exploring the
Buckingham Gold Project, also in Virginia, and is in advanced stages of negotiation on other
lands in the area.
The Company is also 100% owner of the property Storm Project, which hosts the Storm Copper
Project and the Seal Zinc Deposit and has been optioned to American West Metals Limited.
The Company's public disclosure documents are available on www.sedar.com .
For more information contact:
Thomas Ullrich, Chief Executive Officer
416-456-3516
Salisha Ilyas, Investor Relations
647-209-9200
SOURCE: Aston Bay Holdings Ltd