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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

Post by BAYWatchon Mar 31, 2023 1:00am
218 Views
Post# 35371030

schocor: Defamatory Comments

schocor: Defamatory Comments
schocor:
 
Your comments  regarding the Aston Bay Seal Zinc deposit stating
" ... they cite that the deposit is not economic but warrants further exploration (something current management didagrees with). 1M tonnes is too smasll a deposit - not MY words. "
are not true and are defamatory to the company and the professionals who wrote the NI-43-101 report..
 
On page 89 of the  NI-43-101 report it is stated that
 
"In P&E's opinion, the drilling, assaying and exploration work of the Seal Zinc Deposit supporting this Mineral Resource Estimate are sufficient to indicate a reasonable prospect for economic extraction and thus qualify it as a Mineral Resource under the CIM definition standards."
 
 
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