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Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade copper and gold deposits in Virginia, United States, and Nunavut, Canada. The Company is exploring the high-grade Buckingham Gold Vein in central Virginia and is in advanced stages of negotiations on other lands with high-grade copper potential in the area. The Company is focused on its Blue Ridge Project in Virginia. The Nunavut Property is 100% owned by the Company and located 112 kilometers (km) south of the community of Resolute Bay, Nunavut on western Somerset Island. The Storm Copper Project is located on Somerset Island, Nunavut, approximately 20 km from tidewater at the Company. Its Seal Zinc deposit is located at the base of a small peninsula approximately 350 meters from tidewater at its on Somerset Island, Nunavut. Its Mountain Base Metals Project is located on 2,072 acres of private land with direct access to both highway and rail transportation.


TSXV:BAY - Post by User

Bullboard Posts
Comment by Steve888on Jun 22, 2019 11:51pm
108 Views
Post# 29853344

RE:hidden copper mine..

RE:hidden copper mine..Traps, thanks for your comments and information you posted. Quite disappointment to see dropping price with good drill results for BAY. Similar as it, v.CSL also has good assets with big investment/cash, but its share price is just $0.03. Given the rising gold price, I really hope to see a turnaround for those junior gold companies. GLTA.
traps7 wrote:
in the mining world, BAY "s historic drill hole here,.{
  • 110 metres (m) core length grading 2.45% copper (Cu) from surface at the 2750N Zone
  • 56m core length grading 3.07% Cu from 12.2m depth at the 2750N Zone

  •  
..is considerd to quaulify as a potential mine.... Although being historic core with no follow up by BAY,then BAY only uses this as an example of the potential to find a massive layer below . .............. PS,.,,,USING VERY ROUGH OFF THE CUFF NUMBERS HERE,..breaking down the 110 meter drill core from surface, and still open at depth, but just useing what "s in front of us using the core numbers,...i well use feet instead of meters,..and we know the distance trace from other core being an area defined ,..1200 x 2100 x 330 = 831,600,000 cubic feet..divied by 12 { +density = one cubic foot } + 69,300,000 tons of ore..We know one ton has 2.5 % copper so 69,300,000 tons  x 50 lbs / tn of copper = 3,465,000,000 pounds    ,  yes thats billion "s,,,,very rough calculation ,but very close to what numbers suggest as being hidden potential                                                      PS,. IN MY OPINION , management knows this mine is here, but belive the congo style prize sits below some were,  thinking that seeing 3 % copper at surface for over 150 feet , then there has to-be a major plumbing sysem below in-order to deposit so much weigth ( 60 ld/tn ) up-to surface...and also 50 pounds over 330 feet from surface,..We also know three other anomalies hold tons of copper but no follow up has been done,. In my opinion, from this summer geology testing, BAY well look for details on how deep the flat lying bed of copper deposit sits,. Thomas, is hoping no deeper then 500m as cost below this would be for deeper pockets...just thinking out loud,.Traps7


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