Published: Friday, 26 August 2016 12:02
Written by E&MJ News
Aston Bay Holdings has initiated at $C4 million field program at the Storm copper project on Somerset Island, Nunavut, Canada, where BHP Billiton can earn a 75% interest in the project by spending a minimum of C$40 million on qualifying exploration expenditures over a period of up to nine years. Aston Bay is currently the operator at the project and has no required exploration expenses for the first four years of the option agreement. BHP Billiton has the right to assume operatorship of the project at any time.
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