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 have 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 surveying techniques marks a significant step forward in understanding the geological potential of the Storm Copper Project. The alignment of these anomalies with existing copper mineralization patterns provides strong evidence for the continuity of mineralized systems at depth. The 47-meter intersection of sulfide mineralization at Cyclone Deeps particularly reinforces the geological model that suggests the presence of substantial copper resources extending beyond currently defined boundaries.

This exploration success comes at a critical time when global demand for copper continues to escalate, driven primarily by the worldwide transition to clean energy technologies. Copper's essential role in electrification infrastructure, renewable energy systems, and electric vehicles makes discoveries of this nature strategically important for North American supply chain security. The project's location in Nunavut and the support from regional development programs highlight the economic development potential for northern communities while contributing to the broader national and global copper supply requirements.