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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 Mar 29, 2023 3:30pm
42 Views
Post# 35367616

RE:RE:RE:time for some real facts...

RE:RE:RE:time for some real facts...

martindale wrote:
RayJay67 wrote: Great informative post Martin! Very nice breakdown! What stands out to me the most is the sheer size of that one big plate. I see you went very conservative at 1M thick. If we go with an average of 24M thick with 2% CU we are then at 2.16 M tons of CU just in that one plate alone! And 6 smaller one! Damn those could be staggering numbers! We'll see soon enough what the drills have to say! I'm stoked! 
Martin wrote:the largest plate in the mid level is 1800 m by 1000 m....  a rough estimation, ..thickness unknown as is it’s % of minerals.. even at 1m thick (average so far is 24m don’t forget)  at 2% it would be approx 90,000 tons of copper? .. and 6 other smaller plates.....  

Yup very close Ray.. not think of what the odds are that a deposit that is a kilometer by almost 2 kilometers is only 1 or 24 meters thick.. I would be more inclined to think a plate that size would be more in the 50+ meters in thickness....just my thought..... too bad teck or any of the other companies never found or drilled these plates maybe they would be mining them now? Oh well their loss our gain! 

 

The whole of the investing world must be stupid. Or someone is pumping:

$0.03Bid: 0.025 x 280000Ask: 0.03 x 93000Volume: 1,000

Gracias. Tik tok. Grinnnn. Cheers mate. Yup. Hummmm.

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