Aston Bay Holdings Ltd. has announced a significant expansion in its exploration activities at the Mountain Base Metals Project in Central Virginia. The company, through its subsidiary Blue Ridge Mining Inc., has signed an exploration agreement with a private landowner for an additional 89 acres, bringing the total Project area to over 2,072 acres. This expansion is part of Aston Bay’s strategy to further explore the under-explored base metal belt in the region.
The ongoing diamond drill program at the Project has also been expanded from 1,500 to 2,500 meters based on promising visual results. CEO Thomas Ullrich expressed excitement over the partnership with the local landowner and the potential of the sedimentary exhalative (SEDEX) system they have identified. SEDEX deposits are known for their large scale potential and consistency, with well-known deposits including Red Dog in Alaska and Sullivan in British Columbia.
The drilling program at the Project has already encountered copper and zinc mineralization in all of the holes drilled in 2021. The mineralization consists of disseminated and semi-massive chalcopyrite and sphalerite hosted within metamorphosed carbonate rocks. Samples from the initial drill holes are currently being analyzed in the lab, and the results are eagerly awaited.
The Mountain Base Metals Project is located within a mineralized belt that hosts a variety of historic lead, zinc, copper, and other occurrences. Aston Bay is actively exploring for gold and base metal deposits in Virginia, led by CEO Thomas Ullrich and exploration advisor Don Taylor. The Company is dedicated to following CIM Best Practices Guidelines in its exploration activities and is committed to providing updates on its progress in the region.
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