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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 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.


TSXV:BAY - Post by User

Comment by SMlachakeon Sep 06, 2022 4:37pm
64 Views
Post# 34944929

RE:More Copper at greater Depths

RE:More Copper at greater Depths These are the right questions. Basically, how big is this find? Pictures of the cores say it's world class discovery and so does the CEO. So far, different drills are open to dept at 89m and ST22-10 found copper at 230M verticle depth..Assays coming. Remoteness- a question that should be out of our concern by now, we are going to mine it (just a little more cost). Both previous and current CEOs have addressed it. And yes, plans to set up concentrate shipping next summer, they know it's remote, yet they got the plans out to public. 60% copper concentrate is worth US $4500 per tonne at today's prices and projected to be US$ 9000 by 2025. At that price, you could fly that concentrate and still make money. We will simply float it to locate.
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