on Aston Bay Holdings Ltd (NASDAQ:ATBHF)
Aston Bay and American West Metals Report Copper Discovery Beyond Pit Designs
Aston Bay Holdings Ltd. and American West Metals have announced significant copper assay results at the Storm Copper Project in Nunavut, Canada. The Cyclone Deposit has shown high-grade copper intervals outside the proposed pit designs, with one drill hole (PFS-002) revealing 12.1 meters at 5.6% copper from a depth of 70 meters, including a striking 0.5-meter section at 27.3% copper.
Reverse Circulation drilling results also indicate potential for resource expansion across key deposits. Exploration is conducted by American West through a 20/80 joint venture with Aston Bay. The project progresses towards a resource update and Pre-Feasibility Study, with plans moving towards early 2026.
The ongoing assay results will play a critical role in determining the extent of resource expansion. Current efforts emphasize the project's potential impact on Canada's domestic supply chain for critical minerals.
R. H.
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