Aston Bay Holdings Ltd. is pleased to announce that it will conduct a non-brokered private placement , subject to the approval of the TSX Venture Exchange , for aggregate gross proceeds of up to $2,000,000. The Offering will consist of units at a price of $0.06 per Unit. The funds raised under this placement will permit the Company to move to the next phase of exploration, including drilling, at the Company's Mountain [...]
Aston Bay Holdings Ltd. , through its wholly owned subsidiary Blue Ridge Mining Inc., is pleased to announce that it has entered into an exploration agreement with a private landowner for another key parcel of land adjacent to the Company's Mountain Base Metals Project in Central Virginia. In addition, based on encouraging visual results, the company is expanding the ongoing diamond drill program at the Project from 1500 [...]
Aston Bay Holdings Ltd. , through its wholly owned subsidiary Blue Ridge Mining Inc., is pleased to announce the commencement of a 1,500 meter diamond drill program on its Mountain Base Metals Project in South Central Virginia, USA. The current drill program comprises initial drill testing of several electromagnetic and magnetic anomalies delineated by reinterpretations of historic airborne and ground geophysical surveys [...]
Aston Bay Holdings Ltd. is pleased to announce that its partner American West Metals Limited has commenced work on a three-week ground electromagnetic geophysical survey at Aston Bay's Storm Project on Somerset Island, Nunavut. The surveys are designed to test for extensions along strike and at depth of known mineralization, and to follow up on previously identified gravity and other geophysical anomalies in anticipation [...]
Aston Bay Holdings Ltd. is pleased to announce that it has entered into a Letter Agreement with a private landowner for key parcels of land as part of the Company's exploration for base metals deposits in Campbell and Pittsylvania Counties in Central Virginia. The agreement sets out the terms for an Exploration and Option to Lease Agreement, anticipated to be signed in the coming weeks. Highlights 1,982 acres of private [...]
Aston Bay Holdings Ltd. is pleased to announce that it has closed its previously announced transaction with American West Metals Limited and Tornado Metals Ltd. Pursuant to the option agreement dated March 9, 2021, which was approved by the Company's shareholders at the annual and special meeting held on April 22, 2021, and having made the closing payment of $500,000 to the Company, American West now has an option to earn [...]
Aston Bay Holdings is pleased to announce the appointment of Ms. Jessie Liu-Ernsting to its Board of Directors, sitting as an independent director. "I am pleased to welcome Jessie to our board," said Thomas Ullrich, CEO and Director. "Her background and expertise in the industry will add to the breadth of expertise, experience and skills from our board and advisors that will continue to grow Aston Bay." Ms. Liu-Ernsting [...]
Aston Bay Holdings Ltd. is pleased to announce that it entered into an option agreement with American West Metals Limited and Tornado Metals Ltd. on March 9, 2021, pursuant to which American West has an option to earn an 80% interest in Aston Bay's 100% owned property located on western Somerset Island, Nunavut which hosts the high-grade Storm Copper Project and the high-grade Seal Zinc Deposit . Summary American West [...]
Aston Bay Holdings Ltd. announces that its Annual General Meeting previously scheduled for January 7, 2021 has been delayed. Due to the COVID pandemic, The British Columbia Registrar of Companies has granted the Company an extension of the time within which it is required to hold its Annual General Meeting for the year 2020 until June 30, 2021. About Aston Bay Holdings Aston Bay is a publicly traded mineral exploration [...]
Highlights 37.70 g/t Au over 1.50 m, beginning at 15 m from surface 6.56 g/t Au over 2.18 m in a 50 m step-out from previous drilling 194 soil and rock chip sample results pending from parcels of land surrounding two historic gold producers in the district Aston Bay Holdings Ltd. is pleased to present assay results from the recently completed Phase 2 diamond drill program at its Buckingham Gold Property located in Central [...]
Highlights 33.50 g/t Au over 1.29 m in a 33 m step-out from previous drilling 1.40 g/t Au over 2.75 m including 2.90 g/t Au over 1.25 m in 66 m step-out from previous drilling Assays pending from drill holes BUCK-020 and -021, which intersected quartz veining with visible gold a farther 52 m to the southeast Total known vein strike length of over 200 m; vein remains open to southeast and at depth [...]
Highlights Gold-bearing quartz vein intersected in step-out drilling on Buckingham Vein Extension of 150 m along-strike and 50 m down-dip to Buckingham Vein from 2019 drilling Vein remains open to southeast and at depth Sampling of other prospective brownfields properties in Virginia underway Aston Bay Holdings Ltd. is pleased announce that it has completed Phase 2 of the Company's 2020 diamond drill program at its [...]