Aston Bay (TSX.V: BAY, OTCQB: ATBHF) is exploring for gold and base metal deposits in Virginia, USA and Nunavut, Canada.
The Company is focused on its Blue Ridge Project in Virginia, acquired in a 2018-completed transaction with Jack’s Fork Exploration Inc. where the Company secured the exclusive rights to an integrated geophysical, geochemical and geological dataset over certain prospective private lands located in central Virginia. These lands are located within the Carolina Slate Belt, host to gold deposits such as the Haile Gold Mine, as well as the Virginia Gold-Pyrite Belt, the most notable gold mining region in the US prior to the California Gold Rush. In addition, the area is prospective for Au-Cu-Zn VMS, sedimentary exhalative (SEDEX) and Broken Hill (BHT) type deposits. Don Taylor, who led Jack’s Fork Exploration and is the founder of Arizona Mining, has joined the company’s Advisory Board and will be directing the Company’s exploration activities in Virginia.
In March 2020, Aston Bay entered into an option agreement with American West Metals Limited (AWML), a private Australian company, and Tornado Metals Ltd., (a wholly-owned subsidiary of AWML) to earn an 80% interest in Aston Bay’s 100% owned Nunvaut Property. The Aston Bay Nunavut Property, which hosts the Storm Copper Project and the Seal Zinc Deposit with drill-confirmed presence of sediment-hosted copper and zinc mineralization, covers an area of approximately 664,081 acres (268,744 hectares). It is located on western Somerset Island, Nunavut, which neighbours Teck’s profitable, past-producing Polaris (Pb-Zn) Mine just 200km to the north.