Aston Bay Holdings (ATBHF) Stock News

CEO.CA, a leading investor social network for junior resource stocks, featured an interview with Tom Ullrich, CEO of Aston Bay Holdings (OTCQB: ATBHF) in their 'Inside the Boardroom' series. The discussion focused on the company's Epworth Project in Nunavut, which spans an 88 km-long trend of sediment-hosted copper mineralization.

The project has shown promising results with surface samples containing chalcocite boulders yielding up to 61% copper. Recent Mobile MT geophysical surveys have identified new high-priority targets that align with the company's sediment-hosted copper deposit model, comparable to the Central African Copper Belt and their Storm Copper Project.

Aston Bay Holdings (OTCQB: ATBHF) was featured in CEO.CA's 'Inside the Boardroom' interview series, highlighting developments at their Storm Copper Project. CEO Tom Ullrich discussed the project's high-grade copper mineralization averaging 1.4% across a 110-kilometer strike length.

The company has secured significant financial backing, including a $12.5 million USD royalty agreement with Taurus Mining Royalty Fund and a development funding partnership with Ocean Partners that could cover up to 80% of project costs. The project is being developed under a 20/80 joint venture with American West Metals.

Aston Bay Holdings reports promising results from their 2024 exploration programs at the Epworth Project in Nunavut. The MobileMT geophysical survey identified large near-surface conductors potentially indicating copper mineralization. Surface sampling confirmed historical high-grade findings, including 61.2% copper with 5,600 g/t silver at the Payback Showing. The company expanded their claim block by 11,608 hectares to 102,108 ha total. Multiple new copper, zinc, and lead occurrences were discovered across the property, with conductors potentially representing significant sediment-hosted copper deposits similar to Central African models. The project shows all key components for large-scale copper mineralization, with conductors located within 300m from surface extending locally to 900m depth.

Aston Bay Holdings and American West Metals are launching their 2025 summer exploration program at the Storm Copper Project in Nunavut, Canada. The program focuses on drilling high-grade copper discoveries and exploring regional prospects. Key targets include Cyclone Deeps (10m @ 1.2% Cu), Cirrus Deeps, and The Gap (20m @ 2.3% Cu). The project will explore large-scale targets like Tornado/Blizzard and Midway, covering a 110km prospective copper horizon. A Mobile Magneto-Telluric survey is planned to generate new targets. The 2025 program benefits from completed Q4 2024 sealift operations, reducing costs by $4.0m. Aston Bay maintains a 20% free carried interest in the joint venture until a bankable feasibility study completion.

Aston Bay Holdings (TSXV:BAY, OTCQB:ATBHF) has announced significant developments at its Storm Copper Project in Nunavut, Canada. The company has identified a new large-scale copper target at the Midway Prospect, located 5km west of the Storm Mineral Resource Estimate (MRE) area.

Key findings include a historical drill hole (AB18-04) with over 58m of visual copper sulfides that remains unsampled. The discovery is part of a 20km stretch within a 110km-long copper-mineralized belt along the Storm Graben Faults. The company plans a comprehensive 2025 exploration program, including:

• Sampling of historical drill holes
• A new helicopter-borne Mobile Magneto-Telluric (MMT) survey
• Follow-up drilling at recent copper discoveries (Squall and The Gap)
• Testing of priority regional targets including Tornado and Blizzard Prospects

Aston Bay maintains a 20% free carried interest in the joint venture with American West Metals (80%), who operates the project.

Aston Bay Holdings (TSXV:BAY)(OTCQB:ATBHF) has filed a Technical Report for its Storm Copper Project in Nunavut, Canada, detailing an initial Mineral Resource Estimate (MRE). The report highlights:

Indicated Mineral Resources of 8.2 million tonnes at 1.47% copper and 4.5 g/t silver, containing 266.3 million pounds of copper and 1.185 million ounces of silver. Inferred Mineral Resources of 3.3 million tonnes at 1.30% copper and 3.1 g/t silver, containing 95.4 million pounds of copper and 333,600 ounces of silver.

The project shows low-cost development potential with over 90% of contained metal accessible through open-pit mining. All six deposits (Cyclone, Chinook, Corona, Cirrus, Lightning Ridge and Thunder) remain open for expansion. The project is a 20/80 joint venture between Aston Bay and American West Metals , with Aston Bay maintaining a free carried interest until a decision to mine.

Aston Bay Holdings (TSXV:BAY, OTCQB:ATBHF) has announced a significant strategic partnership for its Storm Copper Project in Nunavut, Canada. The company's joint venture partner, American West Metals, has secured an agreement with Ocean Partners Holdings that includes up to 80% project financing of initial capital and 100% offtake rights for copper and silver products.

Key developments include:

• Ocean Partners will provide project financing through a senior secured loan facility, subject to feasibility study
• Ocean Partners will subscribe to a US$2M financing in American West
• Taurus Mining Royalty has agreed to advance a US$3.5M second tranche royalty payment
• Aston Bay will receive 20% (C$0.996M) of the royalty funding

The Storm Copper Project is structured as a 20/80 unincorporated joint venture between Aston Bay and American West, with Aston Bay maintaining a free carried interest until a mining decision is made. The new funding will support exploration activities, Pre-Feasibility Study work, permitting, and equipment procurement.

Aston Bay Holdings (TSXV:BAY)(OTCQB:ATBHF) has announced its Initial Mineral Resource Estimate (MRE) for the Storm Copper Project in Nunavut, Canada. The project, a 20/80 joint venture with American West Metals, includes six near-surface copper deposits.

Key highlights include:

• Indicated Mineral Resources: 8.2 million tonnes at 1.47% copper and 4.5 g/t silver, containing 266.3 million pounds of copper and 1.185 million ounces of silver
• Inferred Mineral Resources: 3.3 million tonnes at 1.30% copper and 3.1 g/t silver, containing 95.4 million pounds of copper and 333,600 ounces of silver

The project shows potential for low-cost development with over 90% of contained metal accessible through open-pit mining. All six deposits remain open for expansion, with recent discoveries including Cyclone Deeps and high-grade copper findings at The Gap. Less than 5% of the 110-kilometer copper belt has been adequately explored.

Aston Bay Holdings (TSX-V:BAY) announced the passing of their Chief Financial Officer, Dwight Walker, who served the company for nine years. Walker brought over 30 years of experience in finance and administration, including a decade in the mining sector.

The company has appointed Donna McLean as interim CFO. McLean, currently the Director of Accounting Services at Grove Corporate Service, brings 20 years of experience serving as CFO for various public companies in the mining and exploration sectors.