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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 Patrick2Lintonon Jan 05, 2023 5:27pm
61 Views
Post# 35205673

RE:RE:RE:RE:RE:RE:RE:Bashers

RE:RE:RE:RE:RE:RE:RE:Bashers

JamesLogan wrote:
RayJay67 wrote:

Well, they do state in their December 2022 Investor Presentation the following:

"Drilling to recommence at Storm to expand the near- surface footprint and follow-up deep discovery."

Then from their October press release, they state the following:

"Plans for the next field season in Can- ada are already under way. O’Neill hopes the company will be able to start earlier than this year’s first campaign with more ground logistical support identified as priority"

So with all that being said, I can only conclude that it's a given that are definitely going back in 2023. No reason to think otherwise.


 



In the AW investor presentation it looks like drilling will commence at Storm in late April. 

 

Yes it does. But that is a forward looking statement. I would add that it will likely depend on if AWM has the funds to proceed with a drill program at that time. AWM is also actively exploring and drilling on their other projects that are burning up cash. AWM has 8 years left to spend approximately $3-4 million in order to earn their 80%. Gracias. Tik tok. Grin grin. Cheers mate.

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