Aston Bay Holdings Ltd. has reported new copper intercepts at its Storm Project on Somerset Island, Nunavut, underscoring the project's increasing potential. The 2025 exploration program, conducted by joint venture partner American West Metals, involved eight diamond drill holes totaling 1,786 meters, revealing unexpected intervals of visual copper sulfide mineralization near the current resource boundary. This discovery suggests a strong possibility for resource growth. Additionally, surface gossans aligned with conductivity anomalies from the MobileMT survey further indicate the project's expanding prospectivity.
The project's financial risk has been significantly reduced, with 80% of initial development costs now covered through an agreement with Ocean Partners, as stated by CEO Thomas Ullrich. This development positions the Storm Copper Project favorably for continued progress through pre-feasibility work. The Storm Project, encompassing the Storm Copper Project and the Seal Zinc Deposit, is part of a 20/80 unincorporated joint venture between Aston Bay and American West Metals Limited, along with its wholly-owned subsidiary, Tornado Metals Ltd. Aston Bay maintains a free carried interest until American West decides to mine, following the completion of a bankable feasibility study. More information about the project and exploration efforts is available at https://astonbayholdings.com.
