MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports Final Geophysical Survey Results at Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced final results from the MMT geophysical survey at the Storm Copper Project on Somerset Island, Nunavut, operated by American West Metals under a 20/80 joint venture. CEO Thomas Ullrich said the survey revealed large conductive anomalies consistent with high-grade zones at the Cyclone Deposit, suggesting potential copper sulphide mineralization. He added that permitting, economic studies and feasibility work continue to advance Storm toward a potential mining operation, positioning the project to benefit from strong copper demand driven by electrification, renewable energy and infrastructure growth.

To view the full press release, visit https://ibn.fm/Yv7Jl

About Aston Bay Holdings

Aston Bay is a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits in North America. The Company is exploring the Storm Copper Property and Cu-Ag-Zn-Co Epworth Property in Nunavut.

The Company and its joint venture partners, American West Metals Limited and its wholly-owned subsidiary, Tornado Metals Ltd. (collectively, “American West”), have formed a 20/80 unincorporated joint venture in respect of the Storm Project property, which hosts the Storm Copper Project and the Seal Zinc Deposit. Under the unincorporated joint venture, Aston Bay shall have a free carried interest until American West has made a decision to mine upon completion of a bankable feasibility study, meaning American West will be solely responsible for funding the joint venture until such a decision is made. After such a decision, Aston Bay will be diluted in the event it does not elect to contribute its proportionate share, and its interest in the Storm Project property will be converted into a 2% net smelter returns royalty if its interest is diluted to below 10%.

NOTE TO INVESTORS: The latest news and updates relating to ATBHF are available in the company’s newsroom at https://ibn.fm/ATBHF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Austin, Texas
www.MiningNewsWire.com
512.354.7000 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN

Lacey@MNW

Share
Published by
Lacey@MNW

Recent Posts

MiningNewsBreaks – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Updates on Skaneateles Community Solar Projects

Disseminated on behalf of PowerBank Corporation PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103), a…

5 hours ago

MiningNewsBreaks – Trilogy Metals Inc. (NYSE American: TMQ) (TSX: TMQ) CEO Featured on IBN’s MiningNewsWire Podcast

Trilogy Metals (NYSE American: TMQ) (TSX: TMQ), a North American mineral exploration and development company…

1 day ago

MiningNewsBreaks – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) Reports US$2.3M in August Gold Sales Through Talisker Partnership 

Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) announced it has commenced shipping gold concentrate…

1 day ago

MiningNewsBreaks – Lahontan Gold Corp. (TSXV: LG) (OTCQB: LGCXF) Accelerates Expiry of Warrants

Lahontan Gold (TSXV: LG) (OTCQB: LGCXF) announced it is accelerating the expiry of common share…

5 days ago

MiningNewsBreaks – PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) to Present at ArcStone-Kingswood Growth Summit in Toronto

Disseminated on behalf of PowerBank Corporation   PowerBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE:103) announced its…

6 days ago

MiningNewsBreaks – Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) Completes Automatic Conversion of Remaining $1.1M Convertible Debentures

Ucore Rare Metals (TSXV: UCU) (OTCQX: UURAF), a company focused on rare earth element separation…

1 week ago