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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

Post by traps7on May 21, 2023 1:13am
296 Views
Post# 35458230

110m @ 2.5 % COPPER

110m @ 2.5 % COPPER

In my opinion

This historic drill hole from the 2750 zone , is one of the highest copper grades seen in Canada..

The core cut from surface and continues down 330 feet below and still open at depth  shows continuios chalcocite at 50 pounds per ton,..The 9 holes drilled around this hole in 2022 proved the continuity of chalcocite in all direction on surface and all nine holes drilled hit chalcocite below down to equifilent depths. 

In my opinion,  back of cuff,

..Looking at the cubic volume of knowen size of the 2750 zone just the area so-far that seen continuity over a 700mx400m x 50m = 378,000,000 cubic feet of volume  

This volume of mass has continuos copper through out as proven by the LAB. The Lab results say 2.5 % of the drill core was copper. 

I know,  we do not know the specfic gravity/density of the mass , So i will div x 12cubic feet to get tons . 

378,000,000 DIV X 12  = 31,500,000 TONS OF MASS @ 2.5 % COPPER =630,000 tons of copper @ $ 8,500.00 per ton $ 5.4 bILLION..

This is back of cuff,   only for a small area of the 2750 zone  

Again this is back of cuff,..I am using mass cubic volume and using the Lab results , which say continuos copper from surface down over 330 FEET AND STILL OPEN.SHOWING 50 POUNDS PER TON OF COPPER 

PS,. the 4100 zone seeing current RC drilling with holes pending is approx.. 5 times the size of the 2750 zone,..All 17 Historic holes drilled here at 4100 zone all hit chalcocite copper ore,..

Land mass volume defined by the copper % reading from the Lab ,  

Traps7

.

 

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