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Aston Bay Holdings Ltd: Aston Bay Enters into Letter Agreement for the Drill-ready Mountain Base Metals Project in Central Virginia, USA


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TORONTO, ON / ACCESSWIRE / May 27, 2021 Aston Bay Holdings Ltd. (TSX-V:BAY; OTCQB:ATBHF) ( Aston Bay or the Company ), through its wholly owned subsidiary Blue Ridge Mining Inc., is pleased to announce that it has entered into a Letter Agreement with a private landowner for key parcels of land as part of the Company s exploration for base metals deposits in Campbell and Pittsylvania Counties in Central Virginia, USA. The agreement sets out the terms for an Exploration and Option to Lease Agreement, anticipated to be signed in the coming weeks.
Highlights
Direct access to highway and rail transportation.
Untested EM conductor 1.4 miles in strike length. ....

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Aston Bay Announces Closing of the Option Agreement with American West Metals Limited for the High-Grade Storm Project


Aston Bay Announces Closing of the Option Agreement with American West Metals Limited for the High-Grade Storm Project
ACCESSWIRE
TORONTO, ON / ACCESSWIRE / May 3, 2021 / Aston Bay Holdings Ltd. (TSX-V:BAY); (OTCQB:ATBHF) (
Aston Bay or the
Company ) is pleased to announce that it has closed its previously announced transaction with American West Metals Limited (
AWML ), a private Australian company, and Tornado Metals Ltd. (
American West ), a wholly-owned subsidiary of AWML. Pursuant to the option agreement dated March 9, 2021, which was approved by the Company s shareholders at the annual and special meeting held on April 22, 2021, and having made the closing payment of $500,000 to the Company, American West now has an option to earn an 80% interest in Aston Bay s 100% owned property located on western Somerset Island, Nunavut which hosts the high-grade Storm Copper Project and the high-grade Seal Zinc Deposit by spending a minimum of $10 million o ....

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