Aston Bay Holdings Ltd. announced that on February 29, 2024, it entered into a binding letter agreement with Emerald Geological Services pursuant to which it has been granted an option to acquire an undivided 80% beneficial interest in a property owned by EGS in Nunavut, Canada. Highlights: $3 million total expenditure over four years to acquire an 80% interest with no yearly minimums; Over 74-kilometre ("km") long trend of sediment hosted style stratiform copper ("Cu"), silver ("Ag"), zinc ("Zn") and cobalt ("Co") mineralization; Chalcocite boulders at surface yield up to 61.2% Cu with 5600 grams per tonne ("g/t") Ag in select grab samples; Several polymetallic trends already identified in rock and soil sampling; Recent prospecting rock grab samples yielded up to 37.8% Cu, 27.4% Zn, 1100 g/t Ag, 3 g/t gold ("Au") and 1700 ppm Co; Mineralization is similar in style to the mineralization in deposits of the Central African Copper Belt and the Storm Copper Project; Airborne electromagnetic ("EM") geophysics and prospecting planned for 2024 season; Permitting for drilling is well advanced.