Aston Bay Presents Corporate Update

16 December 2024

Epworth Project:

• Assays received from 376 rock grab samples and 39 lake sediment samples
• Preliminary data from property-wide MobileMT geophysical survey results received and undergoing additional processing
• Interpretation and compilation  with surface mapping studies are underway for a January 2025 release

Storm Project:

• 22,475 metres (“m”) of drilling completed in 153 drill holes
• Work is nearly complete for the maiden resource constructed to Canadian Institute of Mining standards for a January 2025 release
• Work continues with partner American West to advance mining and economic studies for a potential low-cost development.

 Aston Bay Holdings Ltd. (TSXV: BAY) (OTCQB: ATBHF) ("Aston Bay" or the "Company”) is pleased to provide an update on its Epworth Project  (“Epworth”) and the 2024 drilling and regional exploration activities at the Storm Copper Project (“Storm”) in Nunavut.

Thomas Ullrich, Chief Executive Officer of Aston Bay, commented:

“It has been a successful year of exploration at both our Storm and Epworth Projects in Nunavut.

“At Storm, 22,475m of drilling was completed, exceeding expectations. Assay results demonstrated consistent copper grades, highlighting the excellent lateral continuity of the high-grade mineralization within the known zones and defining new discoveries and prospective areas.  Work is well advanced on the maiden resource for Storm and the development study work. Reports on both fronts are expected in early 2025."

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