Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) has reported new copper intercepts at its Storm Project on Somerset Island, Nunavut, signaling potential for resource growth. The 2025 exploration program, operated by joint venture partner American West Metals, completed eight diamond drill holes totaling 1,786 meters. These included geotechnical holes that intersected unexpected intervals of visual copper sulfide mineralization near the current resource boundary.
Surface gossans aligned with conductivity anomalies from the MobileMT survey further underscore the project's expanding prospectivity. With 80% of initial development costs covered through an agreement with Ocean Partners, CEO Thomas Ullrich highlighted the project's reduced risk and readiness for continued pre-feasibility work. This development is crucial for stakeholders and the mining industry, as it not only enhances the project's viability but also contributes to the global copper supply chain, essential for various industries including renewable energy and electronics.
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