Aston Bay Holdings Ltd. Reports Significant Copper Discoveries at Storm Project

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) has recently reported significant near-surface copper intercepts from its RC drilling activities at the Storm Copper Project located on Somerset Island, Nunavut. This development, achieved under a joint venture with American West Metals, highlights the potential for expanding the mineral resource beyond the current conceptual pit walls. The discovery of copper sulphide mineralization and favorable stratigraphy at the Deep Cirrus target further underscores the project's promising prospects.

The anticipation of final results from the MobileMT geophysical survey is high, as these findings are expected to play a crucial role in guiding future exploration efforts at depth. This could potentially unlock new avenues for resource development at the Storm Project. The joint venture between Aston Bay and American West Metals, structured as a 20/80 unincorporated partnership, ensures that Aston Bay maintains a free carried interest until a decision to mine is made, based on a bankable feasibility study. This arrangement places the financial responsibility on American West until such a decision, after which Aston Bay's interest could convert into a 2% net smelter returns royalty if diluted below 10%.

For investors and stakeholders in the mining sector, these developments at the Storm Copper Project represent a significant step forward in the exploration and potential exploitation of high-grade critical and precious metal deposits in North America. The progress reported by Aston Bay Holdings Ltd. not only enhances the project's viability but also contributes to the broader discourse on resource exploration and development in challenging terrains. Further details on the project and updates can be found at https://ibn.fm/yLDOP.

The mining industry continues to watch closely as Aston Bay Holdings Ltd. and its partners advance their exploration efforts, with the potential to significantly impact the supply of critical metals. The strategic importance of such projects cannot be overstated, given the growing demand for copper and other essential minerals in various industries worldwide.