Aston Bay Announces Drill Program for the Storm Copper Project, Nunavut

22 June 2022

  • Summer drill program to commence in July 2022

  • Focus on resource definition and bulk sampling to advance a low-impact direct ship product mining proposal

  • Drill testing of new high-priority EM conductors also planned

TORONTO, ON, June 22, 2022 – Aston Bay Holdings Ltd. (TSXV: BAY) (OTCQB: ATBHF) ("Aston Bay" or the "Company”) is pleased to announce that the Company’s exploration and earn-in partner, American West Metals Limited (“American West”), has released details of the planned drilling and exploration activities at Aston Bay’s high-grade Storm Copper Project (“Storm” or the “Project”) on Somerset Island, Nunavut.

A major diamond drilling program is scheduled to commence at Storm next month to test key resource and exploration targets. This drilling program will be the first since American West became project operator under the option agreement with Aston Bay. American West has an option to earn an 80% interest in the Storm Project. APEX Geoscience Ltd. will manage and execute the program.

Program Highlights

  • Diamond drilling is planned to commence at Storm in July 2022 to test high-grade copper targets
  • Drilling will focus on resource definition at the high-grade 2750N Zone
  • Previous intersections at the 2750N Zone include 110 metres (m)* @ 2.45% copper (Cu) from surface and 56.3m* @ 3.07% Cu from 12.2m
  • Potential to also delineate additional zones of copper mineralization with drill testing of new, high-priority EM conductors
  • A bulk sample of copper mineralization at Storm will be acquired during the program for second-phase direct shipping product (DSP) and beneficiation test work; initial ore sorting supports the potential to produce a DSP with a grade >53% Cu

See previous news by Aston Bay’s partner, American West on the same announcement.