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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 woundedkneeon Apr 07, 2024 2:54pm
78 Views
Post# 35975719

RE:CEO Tom is very bullish on BAY!

RE:CEO Tom is very bullish on BAY!
Not sure why AW1 would give Bay more than 20% when they have taken on all the costs. The agreement was just officially finalized re the conditions for the 80/20 split. Drilling this summer will see more high grades and no doubt more surprises, but it will still take a couple of years to get a mine going. There is also the possibility  (if these projects show the potential that is projected) that AW1 and Aston Bay could be bought out together. JMO, but something to think about. gl
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