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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 Goldy63on Oct 20, 2022 1:17pm
27 Views
Post# 35036798

RE:Open Pit Mining Is Cheap.

RE:Open Pit Mining Is Cheap.
Goldy63 wrote:

Open-pit Mining

Open-pit mining occurs on surface and is generally the cheapest way to extract ore. This is because rock doesn’t have to be moved far up hill against gravity, equipment used can be larger than underground, and it doesn’t require more expensive features like ventilation, communications, etc. that underground does.




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