Aston Bay Holdings Ltd. ; is pleased to announce that it has today closed a first tranche of the Company's non-brokered private placement, previously announced on April 24, 2024 . Pursuant to this first tranche of the Offering, the Company has issued 9,200,000 flow-through shares at a price of $0.15 per FT Share, for aggregate gross proceeds of $1,380,000. The closing is subject to final acceptance of the TSX Venture [...]
New step-out targets identified from high-powered electromagnetic surveys Aston Bay Holdings Ltd. is pleased to present the preliminary interpretation of the initial results from geophysical activities currently underway at the Storm Copper Project on Somerset Island, Nunavut. The program is being conducted by American West Metals Limited , who is the operator of the Project. American West has completed the required [...]
Aston Bay Holdings Ltd. advises that it has filed an amended Offering Document under the Listed Issuer Financing Exemption, which reflects a correction to a date in Part 7. The Company also refiled its condensed interim financial statements for the nine months December 31, 2023 to reflect two corrections to Note 5 - Share Capital in respect of the warrants. The first correction was to a typographical error in the number [...]
Aston Bay Holdings Ltd. is pleased to announce that it will conduct a non-brokered private placement , subject to acceptance by the TSX Venture Exchange , for aggregate gross proceeds of up to $5,000,000. The Offering will consist of non-flow through units at a price of $0.12 per Unit , and flow-through shares at a price of $0.15 per FT Share. Each Unit will consist of one Common Share and one common share purchase [...]
Expanding Aston Bay's large-scale high-grade copper portfolio Aston Bay Holdings Ltd. is pleased to announce that on April 23, 2024, it entered into a definitive agreement with Emerald Geological Services pursuant to which it has been granted an option to acquire an undivided 80% beneficial interest in a property owned by EGS in Nunavut, Canada . In addition, the Company is excited to announce the appointment of Dr [...]
Targeting growth through drilling Aston Bay Holdings Ltd. is pleased to announce the commencement of high-impact drilling and exploration activities at the Storm Copper Project on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited , who is the operator of the Project. American West has completed the required expenditures to earn an undivided 80% interest in the Project. American West [...]
Geophysical program designed to deliver a pipeline of priority drill targets for new copper discoveries Aston Bay Holdings Ltd. is pleased to provide details on the upcoming geophysical surveys and exploration program at the Storm Copper Project on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited , who is the operator of the Project. American West has completed the required [...]
Leveraging exploration experience on a new project with similarities to Storm Copper and deposits of the Central African Copper Belt Aston Bay Holdings Ltd. is pleased to announce that on February 29, 2024, it entered into a binding letter agreement with Emerald Geological Services pursuant to which it has been granted an option to acquire an undivided 80% beneficial interest in a property owned by EGS in Nunavut, Canada [...]
Drilling to focus on immediate resource growth and testing of large-scale copper exploration targets Aston Bay Holdings Ltd. is pleased to report the details of an aggressive exploration program set to commence at the Storm Copper Project on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited , who is the operator of the Project. American West will be solely responsible for funding the [...]
Aston Bay Holdings Ltd. is pleased to announce the appointment of Jeff Wilson, Gary O'Connor and Mark Pryor to the Board of Directors with immediate effect. Mike Dufresne has resigned from the Board of the Company effective January 25th but will remain as Qualified Person for the Storm Project for Aston Bay. Ian MacPherson, a director since the Company's inception in 2012, has also resigned from the Board and will [...]
Up to 38.2% Cu and 30.8% Zn in assays for select grab sampling of surface gossan rocks at the underexplored Tempest Prospect Prospective gossans have been mapped for more than 4km at Tempest, which is located 40km south of the Storm Copper targets drilled in 2023 A ground electromagnetic survey at Tempest has defined a series of EM anomalies that coincide with the high-grade copper and zinc gossans, providing [...]
Further assay results from the summer Reverse Circulation drilling program have returned thick intervals of near-surface, high-grade copper mineralization, including: Drill hole SR23-38 has intersected: 24.4m @ 1.1% Cu from 48.8m, including, 6.1m @ 2.8% Cu from 54.9m, including, 1.5m @ 8.3% Cu from 54.9m, and, 4.5m @ 1.5% Cu from 67.1m Drill hole SR23-41 has intersected: 12.2m @ 1.1% Cu from 118.9m, including, 3m @ 4% Cu [...]
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