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Aston Bay hits grade and step out at Buckingham

Aston Bay Holdings has released results from a recently completed phase two diamond drilling programme at its Buckingham gold property in Virginia, USA. The programme comprised seven holes totaling 803m, which added to the 1,218m drilled in 10 holes in March.
Aston Bay hits grade and step out at Buckingham Aston Bay hits grade and step out at Buckingham Aston Bay hits grade and step out at Buckingham Aston Bay hits grade and step out at Buckingham Aston Bay hits grade and step out at Buckingham

Drilling at Buckinham in Virginia, USA

Staff reporter

Highlights included 1.5m grading 37.70 grams per tonne beginning 15m from surface, and 2.18m grading 6.56g/t in a 50m step-out from previous drilling.

"Our drill programmes confirm a high-grade, at-surface gold vein system at Buckingham as well as an adjacent wider zone of lower-grade disseminated gold mineralisation," said Aston Bay CEO Thomas Ullrich.

The company expects to follow-up the drilling with an induced polarization geophysical programme to delineate anticipated down-dip and along-strike extensions of the Buckingham vein.

Shares in Aston Bay Holdings are trading at C5c, valuing the company at $8 million.