Aston Bay Announces Initial Assays Confirming Thick Intervals Of Copper Mineralization At The Storm Copper Project, Nunavut

23 May 2023

May 23, 2023

  • Assays have been received for drill hole SR23-01, confirming a total of 28.9m of high-grade copper mineralization, comprising:
    • 15.2m* @ 1.2% Cu, including 4.6m @ 2.8% Cu from 54.9m, and;
    • 7.6m* @ 1.2% Cu, including 3.1m @ 2.4% Cu from 79.3m, and;
    • 6.1m* @ 1.1% Cu, including 3.1m @ 1.4% Cu from 120.4m
      (*downhole length)
  • Another eight Reverse Circulation (RC) drill holes have been completed at the 4100N Zone with all drill holes intersecting thick intervals of strong visual copper sulfide mineralization
  • The recent drilling at the 4100N Zone has defined strong near-surface copper mineralization over 850m x 300m and remains open along strike
  • RC drilling continues at Storm with further drill holes added to the resource definition program at the 4100N Zone
  • All current drill samples have been sent to the laboratory for analysis

Aston Bay Holdings Ltd. (TSXV: BAY) (OTCQB: ATBHF) ("Aston Bay" or the "Company”) reports initial assay results confirm thick intervals of copper mineralization from its ongoing delineation drilling program at the Storm Copper Project (“Storm” or the “Project”) on Somerset Island, Nunavut, Canada. This is the second drilling program for American West Metals Limited (“American West”), who are the project operator, since entering an option agreement with Aston Bay in March 2021.

“Impressive results continue to come in from the ongoing exploration conducted by our partner American West Metals at Storm,” stated Thomas Ullrich, CEO of Aston Bay.