Aston Bay Holdings Announces Major Agreement and Advisory Board Addition

Aston Bay Holdings Ltd. confirmed entering a definitive agreement on April 23, 2024, granting them an option to acquire an 80% interest in a property from Emerald Geological Services. This property, located in Nunavut, Canada, spans over a 74-kilometer trend rich in copper, silver, zinc, and cobalt. The agreement also entails a $3 million expenditure over four years by Aston Bay to secure this interest.

In addition to the property acquisition, Aston Bay is pleased to announce Dr. Elizabeth Turner as the newest member of their Technical Advisory Board. Dr. Turner brings over 30 years of specialized experience in sediment-hosted copper deposits and the geology of northern Canada. Her extensive research and expertise are expected to greatly benefit Aston Bay’s exploration strategies.

The Epworth property itself has shown promising results from historical samples and recent prospecting, yielding high-grade mineralization which indicates the potential for significant deposits. Planned activities include an airborne geophysical program and further drilling, aiming to build on the previous exploratory work and deepen understanding of the property’s value.