Aston Bay Holdings Ltd. (ATBHF)
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Aston Bay Presents Corporate Update
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 ("m") of drilling completed in 153 drill holes Work is nearly complete for the maiden resource constructed to Canadian Institute of Mining standards for a January 2025 release Work continues with partner American West to advance mining and economic studies for a potential low-cost development. TORONTO, ON / ACCESSWIRE / December 16, 2024 / Aston Bay Holdings Ltd.
Aston Bay and American West Metals Report Multiple New Copper Targets Along the 110km-long Copper Belt at the Storm Project, Nunavut, Canada
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 ("km") 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 prospective Allen Bay Formation - the same stratigraphic host to the Storm copper deposits Hailstorm Prospect: Geological mapping and rock sampling have discovered chalcocite gossans grading >50% copper ("Cu") within an unexplored area at Storm to the south of the Southern Graben - now named ‘Hailstorm' Follow-up geochemical sampling has defined a 250 m x 250 m copper anomaly along a major fault The geological setting is identical to that of the near-surface, high-grade copper deposits at Chinook, Thunder, Lightning Ridge, and Corona Tornado Prospect: Deep searching Moving Loop Electromagnetics ("MLEM") has defined new conductors below the limit of current drilling at Tornado, 5 km along strike from the known Storm deposits All Reverse Circulation ("RC") drill holes have intersected anomalous copper, silver, and zinc in favourable geological locations, confirming the Storm mineralization model at Tornado and providing compelling targets for follow-up drilling Tempest Prospect: Reconnaissance drilling at Tempest - located 40 km south of the known Storm copper deposits - has intersected anomalous copper, zinc, and silver within Storm-style stratigraphy The area is defined by a 4km-long zone of gossans, grading up to 38.2% Cu and 30.8% Zinc ("Zn"), confirming Tempest as a high-priority prospect for follow-up drilling TORONTO, ON / ACCESSWIRE / November 25, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide an update on the 2024 drilling and regional exploration activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut.
Aston Bay and American West Metals Report 42.7m @ 3.1% copper from the surface at the Storm Project, Nunavut, Canada
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 (interpreted as close to true width), 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, 9.2m @ 7.3% Cu, 15.3 g/t Ag from 27.4m downhole, and, 3.1m @ 3.9% Cu, 5.5 g/t Ag from 38.1m downhole Drill hole SR24-081: 29m @ 2.6% Cu, 4.3 g/t Ag from the surface, including, 3.1m @ 11.1% Cu, 1.5 g/t Ag from 1.5m downhole, and, 4.6m @ 4.8% Cu, 5.7 g/t Ag from 21.6m downhole Cyclone Deposit delineation drilling: Drilling around and within the Cyclone Deposit continues to intersect thick, high-grade copper intervals (interpreted as close to true width), including: Drill hole SR24-117 has intersected: 16.8m @ 1% Cu, 4.0 g/t Ag from 15.2m downhole, and 33.5m @ 1.5% Cu, 8.5 g/t Ag from 35.1m downhole, including, 3.1m @ 6.9% Cu, 23.0 g/t Ag from 54.9m downhole Assays for the remaining Cyclone drill holes are expected in the next 2-4 weeks TORONTO, ON / ACCESSWIRE / October 17, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide an update on drilling activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut.
Aston Bay and American West Metals Report 22.9m @ 8.5% Cu Intersected at the Storm Project, Nunavut, Canada
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 (Cu), 12.6 grams per tonne (g/t) silver (Ag) from 86.9m downhole, including, 22.9m @ 8.5% Cu, 17.8g/t Ag from 86.9m downhole, including, 9.1m @ 14.4% Cu, 21.3g/t Ag from 93m downhole Drill hole SR24-070 has intersected: 45.7m @ 1.9% Cu, 9.4g/t Ag from 35.1m downhole, including, 27.4m @ 3.1% Cu, 14.6g/t Ag from 35.1m downhole, including, 15.2m @ 4.2% Cu, 16.2g/t Ag from 35.1m downhole Drill hole SR24-045 has intersected: 57.9m @ 1% Cu, 4.3g/t Ag from 32m downhole, including, 10.7m @ 3.2% Cu, 16.0g/t Ag from 65.5m downhole Sealift and 2025 program preparation: NEAS cargo ship MV Mitiq has successfully completed the 2024 sealift operation at Storm The sealift has delivered large quantities of supplies directly on Somerset Island for the 2025 exploration, resource expansion, and development programs, which is expected to save an estimated $4 Million on the 2025 budget Bulk samples containing copper were also transported offsite via the cargo ship, demonstrating the complete logistics chain for the potential direct shipping product mining operation TORONTO, ON / ACCESSWIRE / September 27, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide an update on drilling activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut.
Aston Bay and American West Metals Thick High-Grade Copper in Deep Drilling at the Storm Project, Nunavut, Canada
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 ("Cu") from 311 metres ("m") downhole, including, 3m @ 2.2% Cu from 315m downhole, including, 0.5m @ 3.7% Cu from 315.5m downhole The drilling confirms the large lateral extent of the Storm copper system at depth and highlights the potential of the ‘Deep Copper Horizon' to host large-scale stratigraphic hosted high-grade copper deposits Assays for a second deep diamond drill hole ST24-02 - drilled approximately 1,500m south of ST24-01 and which intersected 99.2m of visual copper sulfide - are expected in the coming week Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Laboratory assays are required to determine the presence and grade of any contained mineralization within the reported visual intersections of copper sulfides.
Aston Bay Announces Initiation of Airborne MobileMT Geophysical Survey and Expanded Claims Holdings at the High-Grade Copper-Silver Epworth Project, Nunavut, Canada
HIGHLIGHTS Property-wide 8,105 line-kilometre (line-km) helicopter-borne MobileMT electromagnetic ("EM") geophysical survey is underway to identify copper exploration targets and delineate regional and property-scale structures 9 claims added for an additional 11,900 hectares ("ha") (119 square kilometers ("km2")) to claims package now totaling 89,000 ha (890 km2) Prospecting, sampling and mapping program now complete Nearly 400 grab rock samples and 44 lake sediment samples collected for assay, 50 samples for petrological study TORONTO, ON / ACCESSWIRE / August 29, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to report on sampling, mapping and geophysical programs underway at the Epworth Project ("Epworth" or the "Project") in Nunavut.
Aston Bay and American West Metals Announce Large-Scale Copper Targets at Depth Take Shape at the Storm Project, Nunavut, Canada
Diamond drilling intersects new zones of copper at depth as the deep search EM survey identifies a 1,300m x 500m anomaly for drill testing HIGHLIGHTS 100% hit rate continues for the deep diamond drilling with thick intervals of visual copper mineralization intersected at depth below the known near-surface copper deposits The drilling confirms the large lateral extent of the Storm copper system at depth - now intersected over 10 square kilometres - and highlights the potential of Storm to host large-scale stratigraphic and structurally hosted high-grade copper deposits similar to those in the Central African Copperbelt Drill hole ST24-01 has intersected a combined total of 21.3 metres ("m") of visual copper mineralization , which includes: 6.37m of visual copper sulfide from 293.7m downhole, and 2.43m of abundant visual copper sulfide from 302m downhole 12.5m of visual copper sulfide from 311m downhole, including 4.6m of abundant visual native copper and copper sulfides from 315.4m downhole Drill hole ST24-02 has intersected a combined total of 99.2m of visual copper sulfide , which includes highlights: 1.1m of abundant visual copper sulfide from 195.5m downhole, and 1.3m of abundant visual copper sulfide from 204m downhole, and 17.1m of moderate to abundant visual copper sulfide from 404.3m downhole The deep search phase of the Moving Loop Electromagnetic (MLEM) survey has defined a 1,300m x 500m anomaly at depth below the Cirrus Deposit and The Gap Prospect, with target drilling now underway Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Laboratory assays are required to determine the presence and grade of any contained mineralization within the reported visual intersections of copper sulfides.
Aston Bay and American West Metals Announce Assays Confirm Additional Near-Surface, High-Grade Copper at the Storm Project, Canada
HIGHLIGHTS Resource delineation program on track with multiple high-grade copper intervals confirmed by assays at the Cyclone and Chinook Deposits Drilling continues around the clock with 100 Reverse Circulation ("RC") drill holes and 13 diamond drill holes totaling over 15,500 metres ("m") now completed at Storm RC drilling has commenced at the under-explored Tempest Prospect, where high-grade copper and zinc have been mapped on surface over 4 kilometres ("km") of strike Cyclone Deposit: Drill hole SR24-11 has intersected: 19.8m* @ 1.2% copper ("Cu"), 3.0g/t silver ("Ag") from 12.2m downhole, including, 4.6m @ 3.0% Cu, 7.0 g/t Ag from 21.3m downhole 3m @ 3.2% Cu, 8.5g/t Ag from 59.4m downhole Drill hole SR24-21 has intersected: 13.7m @ 2.1% Cu, 7.9g/t Ag from 67.1m downhole, including, 7.6m @ 3.2% Cu, 12.2g/t Ag from 70.1m downhole Drill hole SR24-09 is located outside of the boundary of known copper mineralization and has intersected: 15.2m @ 1.4% Cu, 2.4g/t Ag from 103.6m downhole, including, 6.1m @ 2.7% Cu, 2.7g/t Ag from 108.2m downhole Chinook Deposit: Drill hole SR24-10 has intersected: 3.1m @ 1.3% Cu, 6.0g/t Ag from 38.1m downhole, including, 1.5m @ 2.3% Cu, 10.0g/t Ag from 38.1m downhole 1.5m @ 2.4% Cu, 3.0g/t Ag from 89.9m downhole TORONTO, ON / ACCESSWIRE / August 15, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide an update on drilling activities at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut.
Aston Bay Holdings Grants Stock Options
TORONTO, ON / ACCESSWIRE / August 2, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") advises that it has granted stock options exercisable to acquire 2,300,000 common shares in the Company to certain officers, directors, employees and consultants of the Company.
Aston Bay and American West Metals Confirm Expansion of High-Grade Copper Zones at the Storm Project, Nunavut, Canada
Intervals up to 121.2m of continuous visual copper mineralization intersected HIGHLIGHTS The excellent productivity for the 2024 summer drilling program continues with more than 8,300 metres ("m") now completed in 66 reverse circulation ("RC") and diamond drill holes Visual results have been received for a further 22 drill holes, with the first assays for the summer program due within the next 2 weeks Thunder Prospect - 2023 discovery hole 48.8m @ 3% copper ("Cu") from 32.4m: Thick zones of visual copper mineralization have been intersected in all nine step-out drill holes at the Thunder Prospect, extending the known strike of the Thunder mineralization to over 300m and highlighting the potential for resource definition Drill hole SR24-042 has intersected a continuous 73.2m thick zone of visual copper sulfide mineralization from 45.7m downhole including multiple zones of semi-massive sulfides Drill hole SR24-034 has intersected a continuous 121.2m interval of visual copper sulfide mineralization from 18.3m downhole The high-grade copper zone at Thunder remains open along strike and at depth, where drilling has only tested to approximately 100m vertical depth Cyclone Prospect Thick intervals of visual copper sulfides intersected in multiple drill holes, including several outside of the known zone of mineralization supporting the potential for growth and delineation of a future resource Drill holes SR24-031 and SR-055 were drilled to the north-east of the Cyclone Prospect and have successfully expanded the strike of mineralization with intersections of 53.4m (combined total) and 80.7m (continuous)of visual copper mineralization respectively Drill holes SR24-045 and SR24-049 have intersected thick intervals of visual semi-massive sulfides within the southern and western part of the mineralized zone Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Laboratory assays are required to determine the presence and grade of any contained mineralization within the reported visual intersections of copper sulfides.
Aston Bay Announces Planned Exploration Program at its Epworth Sediment Hosted Copper-Silver-Zinc-Cobalt Project, Nunavut, Canada
Airborne geophysics, structural mapping, and sampling to define drill targets TORONTO, ON / ACCESSWIRE / June 27, 2024 / Aston Bay Holdings Ltd. (TSX-V:BAY)(OTCQB:ATBHF) (the "Company" or "Aston Bay") is pleased to announce the proposed summer 2024 exploration program at its Epworth sediment hosted copper-silver-zinc-cobalt project located 80 kilometres ("km") southeast of Kugluktuk in Nunavut, Canada.
Aston Bay and American West Metals Announce C$17.1 Million Royalty Package for the Storm Copper Project, Canada
Non-dilutive financing secured from leading royalty fund to support exploration and development at Storm C$3.425 million allocated to Aston Bay with no use of proceeds restriction TORONTO, ON / ACCESSWIRE / June 24, 2024 / Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to announce that its joint venture partner American West Metals Limited ("American West") has entered into a binding agreement with Australian-based Taurus Mining Royalty Fund L.P.
