Aston Bay and American West Metals Announce Drilling and Geophysics Underway at the Storm Copper Project, Canada - Seite 3

The initial MLEM surveys at Storm will use 100m N-S line spacings, 100m sensor stations, and 200m x 200m loops. This configuration has been optimal in defining the known high-grade copper mineralization at Storm to date.

Several 200m spaced lines will also be surveyed using 400m x 400m loops to look deeper, below the known copper mineralization.

PLANNED PROGRAM

Reverse Circulation (RC) drilling is in progress in the Storm area testing geophysical targets and expanding zones of known copper mineralization.

EM surveys continue to investigate near surface and deeper areas of interest within the Storm area. The surveys will then move to the Tornado and Blizzard copper prospect areas.

Preparations are underway to add two drill rigs at site - one RC rig and one diamond core rig - increasing the planned drill metres for 2024 to more than 20,000m.

Planning is complete and preparations are underway for a broad range of environmental monitoring and survey activities during 2024.

A maiden CIM (2014, 2019) compliant mineral resource estimate for the Storm Project is expected to be released in May, 2024.

Final assessment and reporting is being completed on a range of beneficiation processing methods on a variety of mineralization types from the Cyclone and Chinook Deposits.

About the Storm Copper and Seal Zinc-Silver Projects, Nunavut

The Nunavut property consists of 173 contiguous mining claims covering an area of approximately 219,257 hectares on Somerset Island, Nunavut, Canada. The Storm Project comprises both the Storm Copper Project, a high-grade sediment-hosted copper discovery (intersections including 110m* @ 2.5% Cu from surface and 56.3m* @ 3.1% Cu from 12.2m) as well as the Seal Zinc Deposit (intersections including 14.4m* @ 10.6% Zn, 28.7g/t Ag from 51.8m and 22.3m* @ 23.0% Zn, 5.1g/t Ag from 101.5m). Additionally, there are numerous underexplored and undrilled targets within the 120-kilometre strike length of the mineralized trend, including the Tornado copper prospect where 10 grab samples yielded >1% Cu up to 32% Cu in gossans. The Nunavut property is now the subject of an 80/20 unincorporated joint venture with American West (see "Agreement with American West" below for more details).