Extended Drilling Program At The Mountain Copper-Zinc Project In Virginia

TORONTO - Aston Bay Holdings Ltd. has entered into exploration agreements with additional private landowners to lease the mineral rights for more key parcels of land adjacent to the Mountain Copper-Zinc Project in Central Virginia. In addition, due to encouraging once again extending the ongoing diamond drill program to a total of 3,500 meters (m). This is the second extension of the originally planned 1,500m program. The newly signed exploration agreement increases the total area under lease at the Mountain Base Metals Project to over 2,127 acres (861 hectares). Negotiations for exploration agreements over other prospective parcels continue as the Company seeks to further expand the project area.

"We are pleased to partner with more private landowners in the area," said, Thomas Ullrich, CEO, "and are excited to examine the tremendous copper-zinc potential in this area. We have drilled over 3,000 meters in eight holes to date, with copper and zinc mineralization observed in all holes. The drilling continues to expand the mineralized footprint of this SEDEX (sedimentary exhalative) discovery."

The mineralization intersected in the drilling comprises stacked zones of disseminated and semi-massive chalcopyrite and sphalerite, with pyrite and pyrrhotite, hosted within metamorphosed carbonate rocks. The style of mineralization suggests a SEDEX (sedimentary exhalative) deposit model, previously unrecognized in Central Virginia. Assay results are pending.