Aston Bay Holdings Ltd.

Offtake and funding deal to advance development and exploration activities Aston Bay Holdings Ltd. is pleased to announce that its Storm Copper Project joint venture partners American West Metals Ltd has entered into a strategic partnership and funding agreement with Ocean Partners Holdings Ltd for the development of Storm including financing of up to 80% of the initial capital for development of the Project. In addition [...]

Aston Bay Holdings Ltd. is pleased to announce an Initial Mineral Resource Estimate for the near-surface mineralization depth) at the Storm Copper Project on Somerset Island, Nunavut. The MRE includes six near-surface copper deposits within the greater Storm Copper area: Cyclone, Chinook, Corona, Cirrus, Lightning Ridge and Thunder. The Storm Copper Project is a 20/80 unincorporated joint venture between Aston Bay and [...]

It is with deep sadness that Aston Bay announces the passing of Dwight Walker who served as Chief Financial Officer of Aston Bay for the past nine years. Mr. Walker was a respected leader, a dedicated colleague, and an invaluable part of the Aston Bay team. His extensive knowledge, commitment to excellence, and strategic acumen greatly contributed to the success of Aston Bay and the companies he served throughout his [...]

Epworth Project: Assays received from 376 rock grab samples and 39 lake sediment samples Preliminary data from property-wide MobileMT geophysical survey results received and undergoing additional processing Interpretation and compilation with surface mapping studies are underway for a January 2025 release Storm Project: 22,475 metres of drilling completed in 153 drill holes Work is nearly complete for the maiden resource [...]

Drilling, soil geochemistry and electromagnetics continue to highlight large-scale regional exploration potential Seabreeze Prospect: Greenfield exploration has defined a new base metal prospect at the far northwestern extent of the 110 kilometre long copper belt - this new area is named 'Seabreeze' and covers an area of approximately 10 km x 2 km Ground gravity survey at Seabreeze has identified dense features within the [...]

98 metres of copper sulfides reinforce large-scale sediment-hosted copper potential Highlights: The 2024 deep drilling program has delivered further evidence of a very extensive laterally oriented deeper copper horizon that covers an area of more than 10 square kilometres and remains open All three deeper drill holes in the 2024 program - collared approximately 2 km apart from each other - have intersected copper sulfides [...]

First payment received from a total C$3.46 million allocated to Aston Bay with no use of proceeds restriction Aston Bay Holdings Ltd. is pleased to announce that it has received the initial US$1 million in funding as part of an agreement with the Company's joint venture partner American West Metals Limited and TMRF Canada Inc., a subsidiary of Taurus Mining Royalty Fund L.P. , whereby Taurus will provide funding of up to [...]

Thick and high-grade copper intersections from the surface at Chinook Chinook Deposit delineation drilling: Drilling at the Chinook Deposit has intersected thick, high-grade, near-surface copper intervals , including: Drill hole SR24-068: 42.7m @ 3.1% Cu, 4.0 g/t Ag from the surface, including, 1.5m @ 7.1% Cu, 60 g/t Ag from 25.9m downhole Drill hole SR24-080: 35.1m @ 2.7% Cu, 5.8 g/t Ag from 22.9m downhole, including [...]

Drill results outside of known mineralization confirm the expansion potential Cyclone resource upgrade and expansion: Assays confirm that the resource drilling around and within the Cyclone Deposit has intersected further thick high-grade copper intervals including: Drill hole SR24-093 was drilled 75m southof the current known area of mineralization and has intersected: 53.3m @ 3.9% copper , 12.6 grams per tonne silver [...]

Large copper system at depth confirmed by assays with up to 3.7% Cu Drilling Highlights Deep diamond drilling has discovered Cyclone-style copper mineralization at depth and confirmed the prospectivity of the Central Graben area Drill hole ST24-01 has intersected: 10m @ 1.2% copper from 311 metres downhole, including, 3m @ 2.2% Cu from 315m downhole, including, 0.5m @ 3.7% Cu from 315.5m downhole The drilling confirms the [...]