Morning punters - going to be another great day today - Enjoy -Here are some good words by Tom, Aston CEO, explaining this significant discovery:
“Discovery of sedimentary hosted copper has been the true goal for all explorers at Storm, including Aston Bay. I’m delighted to report that, finally, the quest has succeeded, and we have definitive proof of a new sediment hosted copper system,” stated Thomas Ullrich, CEO of Aston Bay.
“Our geological model has predicted the presence of chalcocite in permeable sedimentary horizons, hidden in the subsurface - this discovery proves it. The copper is there. Not only have we hit a significant mineralized interval, but presence of chalcocite in the latest hole provides a vector to more copper-rich mineralization within this very large gravity anomaly.
“Both initial drill holes have intersected higher-density copper sulfide mineralization at the top of the modeled density anomaly, and at the same stratigraphic horizon. This confirms the presence of hidden sediment hosted copper mineralization as predicted and, importantly, demonstrates that we have a potentially effective targeting tool to find it: the ground gravity surveys yield excellent resolution and depth control, proven with success at the drill bit.
“Airborne and ground gravity surveys have revealed anomalies, both blind and those associated with surface copper mineralization, for over 10km to the west and south of this discovery. This offers tremendous potential for additional discovery. This discovery is analogous to the world-famous copper belts in Africa that contain some of the world’s largest and highest grade copper deposits”
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- Ann: Major Copper Discovery Confirmed at Storm
Ann: Major Copper Discovery Confirmed at Storm, page-359
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