# Aston Bay Files Technical Report for Storm Copper Project Initial Mineral Resource Estimate

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36

Original source: https://money.tmx.com/en/quote/BAY/news/7917089179057486/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour

Publisher: tmx

Original announcement: 2025-04-17T23:20:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Aston Bay Holdings Ltd.

- Ticker: BAY

- Exchange: TSX

- Region: Nunavut, Canada

- Primary commodity: Copper

- Secondary commodities: Silver

- Document categories: Resource update

- Extracted: 2026-09-13 15:01:11 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Aston Bay has filed an initial NI 43-101 Technical Report for the Storm Copper Project, detailing a Mineral Resource Estimate of 8.2 Mt Indicated and 3.3 Mt Inferred at 1.47% Cu and 3.1 g/t Ag respectively. The resource is primarily near-surface and accessible via open-pit mining, with all six deposits remaining open for expansion.

Reasoning: Initial Mineral Resource Estimate \(MRE\) for the Storm Copper Project establishes a substantial copper-silver resource with high-grade near-surface zones and significant expansion potential.

- Positive factor: High-grade near-surface copper resource

- Positive factor: All six deposits remain open

- Positive factor: Excellent beneficiation potential confirmed by metallurgical testwork

- Positive factor: Significant growth potential with &lt;5% of copper belt explored

- Negative factor: Large Inferred component \(approx 30% of total tonnage\)

Facts used in scoring: 28

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The report is explicitly stated as a National Instrument 43-101 Technical Report.

Evidence · text

> new National Instrument 43-101 \("NI 43-101"\) Technical Report

**Maiden Resource**

Polarity: neutral

Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. No prior estimate exists, so every change band is not applicable.

Why it applies: The document describes an 'initial Mineral Resource Estimate'.

Evidence · text

> details an initial Mineral Resource Estimate \("MRE"\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Yungang Wu, M.Sc., P.Geo. is named as the Qualified Person responsible for the MRE.

Evidence · text

> Yungang Wu, M.Sc., P.Geo. of P&amp;E Mining Consultants Inc. is the Qualified Person

## Extracted facts

Stored fact records: 28. Some facts used in scoring do not have a stored record.

## Resource Estimates (28)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-0)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:591bfac7d5e43e1f4127
- Deposit or zone: Chinook
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 712000
- Grade: 2.07
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone.

- Positive factor: High grade intercept

Evidence · table

> 2.07

Context: 712

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Evidence · text

> Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Context: Storm Copper Project, Nunavut

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-1)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:591bfac7d5e43e1f4127
- Deposit or zone: Chinook
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 712000
- Grade: 4.36
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: Silver byproduct in Chinook zone.

Evidence · table

> 4.36

Context: 712

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Evidence · text

> Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Context: Storm Copper Project, Nunavut

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-2)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:3dec69390f7f4d43c492
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 7073000
- Grade: 1.41
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: Large indicated copper resource in Cyclone zone.

Evidence · table

> 1.41

Context: 7,073

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Evidence · text

> Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Context: Storm Copper Project, Nunavut

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-3)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:3dec69390f7f4d43c492
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 7073000
- Grade: 4.5
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: Silver byproduct in Cyclone zone.

Evidence · table

> 4.50

Context: 7,073

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Evidence · text

> Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Context: Storm Copper Project, Nunavut

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-4)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:840f5c034ec5889f2c83
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 444000
- Grade: 1.45
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: Indicated underground resource in Cyclone.

Evidence · table

> 1.45

Context: 444

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Evidence · text

> Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Context: Storm Copper Project, Nunavut

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-5)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:840f5c034ec5889f2c83
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 444000
- Grade: 4.42
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: Silver byproduct in Cyclone underground.

Evidence · table

> 4.42

Context: 444

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Evidence · text

> Open pit constrained Mineral Resources are reported within the constraining pit shells, applying a lower cut-off grade of 0.35% Cu.

Context: Storm Copper Project, Nunavut

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-6)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:be869c0b012e2d4b0b22
- Mining method: combined
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 7785000
- Grade: 1.47
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.47

Context: 7,785

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-7)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:be869c0b012e2d4b0b22
- Mining method: combined
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 7785000
- Grade: 4.49
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 4.49

Context: 7,785

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-8)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:b65f4721bff29fba5fde
- Deposit or zone: Chinook
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 135000
- Grade: 1.45
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.45

Context: 135

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-9)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:b65f4721bff29fba5fde
- Deposit or zone: Chinook
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 135000
- Grade: 2.86
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 2.86

Context: 135

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-10)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:01f0e4b2e490e479f4e5
- Deposit or zone: Cirrus
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 505000
- Grade: 0.65
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 0.65

Context: 505

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-11)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:01f0e4b2e490e479f4e5
- Deposit or zone: Cirrus
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 505000
- Grade: 1.29
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.29

Context: 505

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-12)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:0544a5674d2a3902bb76
- Deposit or zone: Corona
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 791000
- Grade: 1.07
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.07

Context: 791

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-13)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:0544a5674d2a3902bb76
- Deposit or zone: Corona
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 791000
- Grade: 1.53
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.53

Context: 791

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-14)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:6b9fb4186d8820318368
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 532000
- Grade: 1.77
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.77

Context: 532

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-15)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:6b9fb4186d8820318368
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 532000
- Grade: 6.48
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 6.48

Context: 532

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-16)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:c83aa26438dafb2e539b
- Deposit or zone: Lightning Ridge
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 189000
- Grade: 1.33
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.33

Context: 189

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-17)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:c83aa26438dafb2e539b
- Deposit or zone: Lightning Ridge
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 189000
- Grade: 5.17
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 5.17

Context: 189

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-18)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:5dd2445ca7e127c89dd2
- Deposit or zone: Thunder
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 756000
- Grade: 1.48
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.48

Context: 756

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-19)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:5dd2445ca7e127c89dd2
- Deposit or zone: Thunder
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 756000
- Grade: 2.04
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 2.04

Context: 756

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-20)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:99634d35c159ed29069f
- Mining method: combined
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 2908000
- Grade: 1.27
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.27

Context: 2,908

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-21)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:99634d35c159ed29069f
- Mining method: combined
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 2908000
- Grade: 2.82
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 2.82

Context: 2,908

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-22)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:2058219f928e7f7ad9c1
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 426000
- Grade: 1.53
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.53

Context: 426

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-23)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:2058219f928e7f7ad9c1
- Deposit or zone: Cyclone
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 426000
- Grade: 5.07
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 5.07

Context: 426

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-24)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:2e01fa743c5a11c845fa
- Deposit or zone: Global
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 8229000
- Grade: 1.47
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.47

Context: 8,229

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-25)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:2e01fa743c5a11c845fa
- Deposit or zone: Global
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: indicated
- Tonnes: 8229000
- Grade: 4.48
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 4.48

Context: 8,229

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-26)

Storm Copper Project · copper

#### Identity

- Project: Storm Copper Project
- Commodity: copper
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:93ed0a9b16753a7ab424
- Deposit or zone: Global
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 3334000
- Grade: 1.3
- Grade Unit: %
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 1.30

Context: 3,334

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/aston-bay-files-technical-report-for-storm-copper-project-initial-mineral-resour--099bd279-bf86-485c-a4fc-e66a65d0bb36#fact-resource-facts-27)

Storm Copper Project · silver

#### Identity

- Project: Storm Copper Project
- Commodity: silver
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: BAY

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Yungang Wu
- Resource group id: resource:93ed0a9b16753a7ab424
- Deposit or zone: Global
- Mining method: combined
- Material type: fresh
- Resource basis: gross

#### Resource Data

- Category: inferred
- Tonnes: 3334000
- Grade: 3.11
- Grade Unit: g/t
- Cutoff Grade: 0.35
- Cutoff Unit: %

#### Prior Estimate

- Resource Date: 2025-02-07

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Lab

- Laboratory: ALS

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-04-17T00:00:00.000Z

Reasoning: High grade indicated resource in Chinook zone. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: High grade intercept

Evidence · table

> 3.11

Context: 3,334

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
