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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 Apr 21, 2023 3:45pm
49 Views
Post# 35407930

RE:BAY bee example provided by Sandfire..

RE:BAY bee example provided by Sandfire.. 80/20 split will also apply to the start up costs for any DSO mining. There was a number of $50,000,000 in estimated startup costs Thrown out by Traps. I would assume that $12,500,000 will be BAY's responsibility to come up with. Last money raise via PP was in April 2022 and only could muster $60,000.00. There is still a large hill to climb to get to DSO regardless of what gets posted here. Lots of stock still on the sell side. You have to wonder why the selling if this was so cut and dry like the pumpers are pumping.
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