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Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s):  ATBHF

Metals & Mining Industrial Metals & Minerals
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

Aston Bay Holdings Ltd > Great Info Martin . Yup A Lot Of Copper On The Island
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Post by Goldy63on Nov 06, 2022 12:07pm
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Post# 35077286

Great Info Martin . Yup A Lot Of Copper On The Island

Great Info Martin . Yup A Lot Of Copper On The Island
Great Info On Copper . Jives Well With Goldman Sachs Info.
Some Great Info On Copper And Future Demands.
Copper is widely used industrially. It has benefitted greatly from the extended construction boom – and the endless miles of copper wiring required for all these new structures.

In the 21st century, however, EVs and renewable energy have stoked the global demand for copper much further.

Conventional gas-powered automobiles need from 18 to 49 lbs of copper. Conversely, the average EV requires 183 lbs. (83kgs) of copper.

With most Western governments having announced plans to phase-out gasoline-powered automobiles, the EV Revolution is going to demand lots more copper.

Then there is renewable energy.

Copper usage “intensity” is 4- 6 times greater in renewable energy systems versus either fossil fuel or nuclear power plants. In solar power alone, the Copper Development Association estimates that the 262 GW of new solar installations planned from 2018 through 2027 will require 1.9 billion lbs of copper.

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