Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s): ATBHF

Metals & Mining Gold

Aston Bay Holdings Ltd. is a Canada-based mineral exploration company exploring high-grade critical and precious metal deposits. It is engaged in exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut, and the high-grade Buckingham Gold Vein in central Virginia. It is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America. The Nunavut property is located 112 km south of the community of Resolute Bay, Nunavut on western Somerset Island. The property is adjacent to tidewater on Aston Bay and comprises 12 prospecting permits and 118 contiguous mineral claims, which comprises of Storm Copper and Seal Zinc, covering an area of approximately 541,796 acres. Under Virginia property, it focuses on exploring two targets in Virginia: high-grade mesothermal gold vein mineralization along strike of the Buckingham Gold Vein and zinc-copper SEDEX-style mineralization in a newly identified base metals/polymetallic belt.

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Aston Bay Holdings Ltd > The Worst case for Aston - Owning 100% - Implications

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Comment by Radnaksion Aug 25, 2022 4:45pm

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Post# 34920944

RE:RE:RE:RE:RE:RE:RE:The Worst case for Aston - Owning 100% - Implications

No it means you do no fund any expenses while retaining 20% interest. Your funding obligations (ie dilution of interest) starts after dfs or bfs is complete and mining/construction decision is made.

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