Aston Bay Holdings Ltd V.BAY

Alternate Symbol(s): ATBHF

Metals & Mining Gold

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.

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Aston Bay Holdings Ltd > No downside risk and huge upside @ BAY

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Comment by schocoron Mar 15, 2024 6:35pm

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Post# 35935932

RE:No downside risk and huge upside @ BAY

No downside? Just remember the date and time that somebody said that guys. In a world of great copper projects, storm is not yet on that list. Market valuing the storm project at $100m (AW1 80% and Storm 20%) looks fair; but I could say the same thing about $80m looking fair.

Take a step back and think on it. Analogy to the copper exploratoin market: Baltic avenue with a hotel, or Park place without - same cost, which would yuo rather own? Why?

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Eminent acquires promising Nevada gold project