Aston Bay Holdings Ltd V.BAY

137,800 Tons copper Indicated Resources

[traps7]

IMO, we now have something to talk about..

Moving the copper reserve upto In-dicated resource now gives BAY-AWM more credability amongst the Seniors. This advancement now sets the stage to move towards permiting & PEA studies which have been on-going for 1.5 years and expected PFS by 1st Qtr. 2025.
This JORC is the first of many seeing reserves continualy added each yr to Indicated as drilling exploration continues.
PS, BAY current @ Storm, 50m tons @ 1.2 % = 600,000 tons cu.Reserve

                                                              Minus -  137,800 tons cu. Indicated

                                                                        =  462,200 tons Reserves Left to add to Indicated

137,800 TONS Cu. = 275,600,000 pounds cu.In dicated.

462,200 Tons Cu.  = 924,000,000 pounds cu. Reserves 

               Total Cu. = 1.199 Billion pounds cu 

PS,. Comparing BAY to Mc Ewen mining 

Storm Jorc based on only 3 zones. & only down to 150m 

Storm CU, is pure Chalcocite and not copper Equivalent @ .79 %

McEwen =  Updated copper resources of 10.9 billion pounds at grade 0.40% Cu (Indicated category) 

PS, BAY TWO Billion pounds @ .79 % grade Indicated twice that of McEwen 

Storm @ surface & only counting on 3 Anomalies..

BAY, 6 cents  McEwen $ 13,.. 

go-figure 

Let The Drills Be Our Friends 

Traps7

[triken]

McEwen has approx 50% of McEwen Copper but also many other properties. Bay has 20% of Storm. Bay 5.5 cents, McEwen approx $8.50. Perhaps you have a better comparison

[woundedknee]

5.5 cents and headed for 3 or 4 cents. Added a big bunch at 7 cents thinking it couldn't go lower. Sell on news. "Let the drills be our friends!" lol

[jeep91]

So far the trades at .055c are small in comparison to overall volume......of course the lower it goes it will encourage more tax loss selling.  It's a self fulfilling prophesy until the season is over.