11:22 AM EDT, 10/30/2024 (MT Newswires) -- Aston Bay Holdings ( ATBHF ) was at last look on Wednesday down 10.5% after it provided an update on deep drilling at its Storm Project in Nunavut.
One drill hole, 24-02, intersected thick intervals of low-grade copper sulfide mineralization with multiple thin higher-grade horizons. It was drilled to a downhole depth of 455 meters and intersected a combined total of 98.6 meters of copper sulfide mineralization.
The exploration program is being conducted by American West Metals, the project operator. The two companies have formed a 20/80 unincorporated joint venture for the Storm property, with Aston Bay ( ATBHF ) maintaining a free carried interest until a decision to mine is made upon completion of a feasibility study.
Aston Bay ( ATBHF ) was last seen down $0.01 to $0.09 on the TSX Venture Exchange.
Price: 0.09, Change: -0.01, Percent Change: -10.53