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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

Comment by schocoron Jan 31, 2023 8:00pm
37 Views
Post# 35258309

RE:RE:Lets Talk About Resources - Reserves

RE:RE:Lets Talk About Resources - Reserves
traps7 wrote:

Soor Cor..you keep refering to the   old BAY,..,you mention here having been on site IN Nunavat , and knowing everything about BAY"s  resources and mining potential . I guess your a player from the old BAY, may-be , just a thought here, ,,your one of the reasons the old BAY never got off the ground. 

I read here again how you refer to the puddles of copper,..Yet you know the green Chalcocite land scape encompasses a 5k x 4 k area which was confirmed by 2022 drilling..

.Schoroc,..again like years past ,  the old BAY should have scoped up this 60% copper DSO, but know, the know it all"s had bigger fish in mind ,///how did that work out,.  i guess we see by your constant crying wolf here, the big boys played you,..

..The new BAY,..thanx to our CEO , for having the Scientific geo knowledge and the business smarts to partner with a mining expert like AWM,.In just a short time have come up with a Mobile mine plan..

..Schoroc,..you do not require all the mining infrastructure you keep refering to,..

The Plan is simple,    We know from historic and recent in-fill drilling that the surface area and at depths to 330 feet shows good continuity accross a surface span of 5k x 4 k../ This surface Chalcocite has been lab test and sorter proven ready to bag at 60% copper..

..I call this a reserve, because its ready to scope. The drilling has proven the continuity and confirmed by lab..

BAY/ AWM,..CAN Mobile this surface landscape. The operation does not require any water treatment facility or milling facility..The DSO is what it stands for, direct shipping ore.. 

..The current camp site you recall, will be moved over 15 k to the big Puddles and sit rate next to this green land scape,..A short 1k of land has to-be leveled to allow the twin props to land saving chopper fees..

PS,.really not much to do,..camp in place , air strip in ,place,.bring in the diesle fuel,steaks..I figure just rent a couple big cats and barge over from Resolute along with 5 sorters,..

..Schoroc,..hey accountant,..what do you figure,..50 million to get started is way over bugget i know,..The 600,000 tons of surface Chalcocite is pure copper and not EQ,..

..Step # 1, Mobile DSO,..brings in Millions..

...Step # 2 ,.Open-pit mining..again ,no water treatment facility,..no milling facility,..All paid for from the Mobile DSO,. surface multi-billion landscape.. 

..BY THE WAY,..the 7 shallow big anomalies like what hole # 10 hit, are all open-pits,..go-figure,, 

..Step # 3,..the 7 deep plates will start as open-pits and would become a deeper mine and again all paid for from the 7 above anomalies..

..Schoroc,..A resource for the 14 plates, will take years,..but knowing hole # 10 tag the first shallow of 7 and we may see a drill target the 6k anomaly in size deep plate this summer. The ground formations tells the real story. Recall the 2012 technical report, the info here laid out a good plan for those who new how to follow,..

..The new BAY,..has alot of old bagage to carry around,..thanks to our CEO for carring this heavy load of Chalcocite and not asking for help

.Traps7




  See this is what I am talking about. This is a remote exploration project that HAS NOT STARTED ITS SECOND YEAR, and yuo have people making statements like this; which are not only factually incorrect (costs man) but assume WAY too much about a project that is just STARTING ITS SECOND YEAR OF EXPLORATION.

Additionally and you APPEAR to have already chosen your own adventure mine plan wise. Dubious at best, but yuo know that. 

I think the poeple that read these comment boards know why is telling them the truth, and who is blowing smoke. 

Thansk for cutting, pasting and participating in your own special way Traps. You are just talkign though yuor hat on this one though. 

$50M? To get started? That says everythign yuo need to know about Traps folks.  
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