Toronto, ON (FSCwire) - Aston Bay Holdings Ltd. (“Aston Bay” or the “Company”) (BAY:TSX-V) is pleased to announce the appointment of Alan King to the Company’s Advisory Board. Alan received a B.Sc. in geology from the University of Toronto in 1976 and an M.Sc. in geophysics from Macquarie University in 1989. From 1976 to 1990 he worked as a geophysicist in exploration and resource development in Canada and Australasia. From 1990 to 2012, he was employed by Inco/Vale as a senior geophysicist and then as Manager of Geophysics with responsibility for global exploration. As Chief Geophysicist for Vale Global Exploration, Alan worked on geophysical applications for base metals, iron, manganese, coal and fertilizers (potash and phosphate), as well as target generation using regional and global data sets. Alan is currently working as a consultant with his own company, Geoscience North. His professional interests include the use of geophysics, new technology (and ideas) and data integration in exploration, mining, environmental, geotechnical and other applications.
“Alan is a seasoned exploration geophysicist, knowledgeable in base metal exploration in sedimentary rocks,” commented Thomas Ullrich, CEO of Aston Bay. “His expertise with gravity techniques will be particularly useful in target generation on our property, and his appointment rounds out our experienced technical team.”
Aston Bay also announces that it is granting stock options in accordance with the terms and conditions of its rolling Stock Option Plan, entitling the purchase of an aggregate 1,050,000 common shares by certain officers, directors, consultants, employees and advisors to the Company. Each stock option will vest 12 months from the date of grant and will be exercisable at $0.15 per common share until December 8, 2024.
ABOUT ASTON BAY HOLDINGS LTD.
Aston Bay Holdings Ltd. (TSX-V: BAY) is a publicly traded mineral exploration company exploring for large, high-grade, sediment-hosted copper and zinc deposits in Nunavut, a mining-friendly Canadian jurisdiction. Aston Bay is 100% owner of the 1,024,345-acre (414,537-hectare) Aston Bay Property located on western Somerset Island, Nunavut. The Aston Bay Property hosts the Storm Copper Project and the Seal Zinc Prospect, with historical drilling confirming the presence of sediment-hosted copper and zinc mineralization.
