Aston Bay Holdings ( (TSE:BAY) ) just unveiled an update.
Aston Bay Holdings Ltd. has announced an Initial Mineral Resource Estimate for the Storm Copper Project, highlighting six near-surface copper-silver deposits. The project, a joint venture with American West Metals, shows significant potential for low-cost development through open-pit mining, with indicated resources of 8.2 million tonnes and inferred resources of 3.3 million tonnes. The deposits remain open for expansion, and recent discoveries suggest further growth opportunities, enhancing the project’s value and impact on stakeholders.
More about Aston Bay Holdings
Aston Bay Holdings Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in a joint venture with American West Metals Limited for the Storm Copper Project in Nunavut, Canada, which targets near-surface copper and silver deposits.
Average Trading Volume: 150,796
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$13.91M
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