Aston Bay Holdings Ltd. (TSXV:BAY) provided a summary of technical data licensed from Teck Metals Ltd. in December 2012. Data include complete results from airborne and ground geophysical surveys, historic soil sampling, and more than 15,000 m of drilling results from its Storm and Seal prospects.
As quoted in the press release:
The licensing agreement (see the Company’s news release dated January 9, 2013) provides Aston Bay with access to data not available in the public domain. Data include complete results from historic soil sampling, airborne and ground geophysical surveys, as well as results from more than 15,000 metres (m) of drilling conducted at the Storm and Seal prospects. The data has now been compiled and verified by the Company’s consultants and is being integrated into the Company’s overall database.
Aston Bay Holdings Ltd. President and CEO, Benjamin Cox, said:
The licensing of data from Teck allows Aston Bay to advance the Storm Project more quickly and cost effectively. It would have taken the Company years and millions of dollars to reproduce the data obtained in this transaction.
Click here to read the Aston Bay Holdings Ltd. (TSXV:BAY) press release
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