FAQ on Aston Bay Holdings Ltd.'s New Copper Intercepts at Storm Project in Nunavut

What is the significance of the new copper intercepts at the Storm Project?

The new copper intercepts suggest strong potential for resource growth near the current resource boundary, indicating the project’s expanding prospectivity.

Who is operating the Storm Copper Project?

The Storm Copper Project is operated by Aston Bay’s joint venture partner, American West Metals.

How much of the initial development costs are covered, and by whom?

80% of the initial development costs are covered through an agreement with Ocean Partners, significantly de-risking the project.

What does the MobileMT survey indicate about the Storm Project?

The MobileMT survey revealed conductivity anomalies aligned with surface gossans, supporting the project’s expanding prospectivity.

What is Aston Bay Holdings Ltd.’s interest in the Storm Project?

Aston Bay has a free carried interest until a decision to mine is made, after which it could be diluted or converted into a 2% net smelter returns royalty if its interest falls below 10%.

Where can I find more information about Aston Bay Holdings Ltd. and the Storm Project?

More information is available on the company’s website at https://astonbayholdings.com/ and in the company’s newsroom at https://ibn.fm/ATBHF.

What other properties is Aston Bay exploring?

Aston Bay is exploring the Cu-Ag-Zn-Co Epworth property in Nunavut and the high-grade Buckingham Gold Vein and critical metals prospects in central Virginia, among others.

What is the role of ESGWireNews in relation to this announcement?

ESGWireNews is a specialized communications platform focusing on the ESG sector, providing news and updates on public companies like Aston Bay committed to sustainable corporate practices.