Aston Bay and American West Metals Confirm Expansion of High-Grade Copper Zones at the Storm Project, Nunavut, Canada

24 July 2024

Intervals up to 121.2m of continuous visual copper mineralization intersected

TORONTO, Ontario, July 24, 2024 – Aston Bay Holdings Ltd. (TSXV: BAY) (OTCQB: ATBHF) ("Aston Bay" or the "Company”) is pleased to present an update on drilling and exploration activities currently underway at the Storm Copper Project (“Storm” or the “Project”) on Somerset Island, Nunavut. The program is being conducted by American West Metals Limited (“American West”), who is the operator of the Project. Aston Bay and American West have formed a 20/80 unincorporated joint venture in respect of the Storm Project property, with Aston Bay maintaining a free carried interest until a decision to mine upon completion of a bankable feasibility study.

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

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