North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Aston Bay raises exploration funds

North of 60 Mining News – January 5, 2018


Last updated 9/24/2020 at 5:52pm

Aston Bay Holdings Ltd.

The Seal zinc prospect is located at the base of a small peninsula roughly 350 meters from tidewater at Aston Bay on Somerset Island, Nunavut.

Aston Bay Holdings Ltd. Dec. 29 said it has raised initial funds for a planned 2018 drill program at its Aston Bay copper and zinc property in Nunavut.

The first tranche of a planned C$4 million, which was closed on Dec. 28 to capture flow-through tax effects for 2017, involved the issuance of 3.975 million flow-through shares at C16 cents per share, for a total of C$636,000.

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