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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 DarylTheFrogon Nov 28, 2022 9:56am
61 Views
Post# 35133513

RE:RE:Summation of project.

RE:RE:Summation of project.
Decisions need money to pay for them and of course good resultsw to justify the moving forward of project. BAY is not in any positon to make these decisions as American west is the operator until they aren't........So far they have met their obligations and have more time to fulfill the agreement........BAY needs to consolidate going forward if it ever wants to participate in keeping its 20% after agreement ends..If it goes to studies etc etc they will have to cough up 20% of project costs to stay vexted as they will then be minority stake holder....
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