Aston Bay Holdings Reports Promising Copper Exploration Results at Storm Project

Aston Bay Holdings Ltd. has announced preliminary findings from its 2025 exploration program at the Storm Copper Project located on Somerset Island, Nunavut. The exploration, conducted in partnership with American West Metals under a 20/80 joint venture, has identified several large conductive anomalies through a magnetotelluric geophysical survey. These anomalies align with known copper mineralization, bolstering the project's potential for significant discoveries.

Initial diamond drilling efforts at the Cyclone Deeps target have intersected 47 meters of visual sulfide mineralization. This finding is consistent with the distal edge of the Cyclone Deposit, suggesting the proximity to a fault-offset continuation of the deposit. The exploration program has received support from Nunavut's Discover Invest Grow program, underscoring the regional backing for the project and the strategic importance of copper in the energy transition.

The Storm Copper Project represents a key asset for Aston Bay Holdings Ltd., which is actively exploring for high-grade copper and gold deposits in North America. The company's collaboration with American West Metals Limited and its subsidiary, Tornado Metals Ltd., through a 20/80 unincorporated joint venture, allows Aston Bay to maintain a free carried interest until a decision to mine is made based on a bankable feasibility study. This arrangement ensures that American West is solely responsible for funding the joint venture until such a decision is reached.

The identification of these conductive anomalies through advanced geophysical techniques represents a significant advancement in understanding the geological potential of the Storm Copper Project. The alignment of these anomalies with known mineralization patterns provides strong evidence for the continuity of copper-bearing structures at depth. This technical success validates the exploration methodology being employed and increases confidence in the project's geological model.

For stakeholders and investors, these preliminary results from the 2025 exploration program demonstrate the ongoing progress at the Storm Copper Project. The 47-meter intersection of visual sulfide mineralization at Cyclone Deeps, combined with the geophysical anomalies, suggests the potential for substantial copper resources. As global demand for copper continues to grow, particularly driven by renewable energy infrastructure and electrification trends, successful exploration outcomes in projects like Storm become increasingly important for future supply chains.

The partnership structure with American West Metals provides Aston Bay with exposure to exploration upside while minimizing financial risk during the development phase. This model allows for aggressive exploration programs while protecting the company's financial position. The support from Nunavut's economic development programs further emphasizes the regional importance of mineral exploration and the strategic value of copper resources in northern development initiatives.