Aggressive exploration program for Aston Bay Holdings at Storm Copper project

Aston Bay Holdings Ltd. announces an extensive exploration program for its Storm copper project located on Somerset Island, Nunavut. With an operation led by American West Metals Limited, this program will begin in March 2024 and will primarily target the expansion and definition of copper resources. With a substantial investment, American West will exclusively finance this ambitious program.

A highlight of the program includes 22,000 meters of extensive drilling combining both reverse and diamond drilling techniques. This will test the extensions of the mineralized zones of the Storm project, whose first resource estimate according to National Instrument 43-101 is expected in March-April 2024. Exploration will also aim to define recent discoveries of high-grade copper and to search for new areas along a prospective copper belt of more than 100 kilometers.

The program will also include environmental, mining and metallurgical studies, under the coordination of American West. This initiative highlights the importance of the Storm Project in the Aston Bay portfolio, characterized by areas of high quality copper mineralization near surface and the potential to discover new targets at depth and along prospective trend.