Aston Bay Holdings Ltd. (TSXV: BAY | OTCQB: ATBHF) has announced the results of its latest assays and geophysical surveys from the Tempest Prospect, part of the Storm Copper Project on Somerset Island, Nunavut. The project is operated by American West Metals Limited.
The assays revealed copper levels of up to 38.2% and zinc levels of up to 30.8% in select grab samples of surface gossan rocks at the Tempest Prospect. This underexplored site, located 40km south of the Storm Copper targets drilled in 2023, has shown promising potential for base metals.
The company has mapped prospective gossans over more than 4km at Tempest. A ground electromagnetic (EM) survey at the site has identified a series of EM anomalies that align with the high-grade copper and zinc gossans. These findings provide high-priority drill targets for the 2024 field program.
Magnetic data suggests that Tempest may be situated on a major structural unconformity, a geological setting known to be highly prospective for base metals. These impressive results underscore the large-scale regional potential within the Project area.
Thomas Ullrich, CEO of Aston Bay, expressed his optimism about the findings. “It is encouraging to confirm copper and zinc mineralization from surface samples at Tempest, as this opens a new area for further exploration at Storm,” he said. He further explained that the gossans, zones of surface-weathered metal mineralization, and the associated EM geophysical anomalies over a 4km long trend suggest a favourable zone of permeability to potentially host mineralization.
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