Aston Bay Announces New Large-Scale Copper Target Identified at the Storm Project, Nunavut, Canada | ATBHF Stock News

Author's Avatar
3 days ago
Article's Main Image
  • Aston Bay Holdings (TSXV:BAY, OTCQB:ATBHF) identifies new large-scale copper target at Midway Prospect, 5km from the Storm MRE area in Nunavut, Canada.
  • Key findings include a historical drill hole (AB18-04) with over 58m of visual copper sulfides, remaining unsampled.
  • The company plans a detailed exploration program in 2025, including new surveys and follow-up drilling.

Aston Bay Holdings Ltd. (TSXV:BAY, OTCQB:ATBHF) has announced a major development at its Storm Copper Project on Somerset Island in Nunavut, Canada. The company has identified a new large-scale copper target within the Midway Prospect, approximately 5 kilometers west of the Storm Mineral Resource Estimate (MRE) area.

A historical drill hole (AB18-04) from 2018 has revealed over 58 meters of visual copper sulfides, which remain to be sampled and assayed. Aston Bay's discovery is part of a 20-kilometer stretch within a 110-kilometer-long copper-mineralized belt along the Storm Graben Faults, which are known conduits for copper-mineralizing fluids.

For 2025, Aston Bay plans an extensive exploration program which includes the sampling of historical drill holes, a helicopter-borne Mobile Magneto-Telluric (MMT) survey, and follow-up drilling on prior copper findings at Squall and The Gap. The program will also test additional regional targets, such as the Tornado and Blizzard prospects.

Aston Bay maintains a 20% free carried interest in the joint venture with American West Metals, who is the operator with an 80% stake. This strategic partnership leverages Aston Bay's resource potential with cutting-edge exploration technology aimed at deepening insight into this potentially lucrative copper-mineralized region.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.