Ashley Gold Announces a $175,000 financing with closing expected early next week. On the financing, CEO Darcy Christian, PGeo; "Following the success of our Burnthut program, we've seen strong interest in Ashley and have opened a modest financing to strengthen our balance sheet ahead of the upcoming summer exploration season. We anticipate a quick closing, with the raise expected to wrap up by next week. We're grateful [...]
Ashley Gold is pleased to announce that it has entered into an agreement with an arm's length party for the additional claims, bordering the Company's Burnthut Project and NexGold. Burnthut Project, Expanded CEO Darcy Christian on the acquisition; "As our immediate focus returns to progressing in Ontario, we have expanded the Burnthut by eight claims that fill in the Burnthut Project adjacent to NexGold's Northeast [...]
Ashley Gold is pleased to announce that it has entered into a purchase agreement with Pegasus Resources for the sale of the Icefield Property. This Agreement was signed on March 19, 2025, and no finders fees are associated with the transaction. CEO Darcy J. Christian; "It is with great enthusiasm that I announce the integration of Pegasus Resources' exciting high-grade copper, gold, and silver projects into our portfolio [...]
Ashley Gold is pleased to announce that it has received and reviewed the IP Survey Data conducted on a section of the Howie Project displaying promising outcrops. Further, the Howie Project has been expanded by two claims. The terms are included in "the Expansion" dated March 18th, Regional Map CEO Darcy Christian on the acquisition. "The Howie Project is a key asset in Ashley Gold Corp.'s portfolio, strategically located [...]
Ashley Gold is pleased to announce that it has secured additional mineral claims adjacent to its Burnthut Project, further strengthening its position within this highly prospective gold-bearing trend. The acquisition, from an arm's-length vendor, consists of 12 continuous claim blocks located northeast of Burnthut along a regional structural corridor that remains underexplored. Darcy Christian, CEO of Ashley Gold [...]
Ashley Gold is pleased to announce the completion of the Burnthut drill program with mineralization intersected in both holes. A total depth of ~466m was drilled with core moved to the core facility for logging and cutting for assays over the next few weeks. This drill program has been successful in proving the company's thesis; encountering the Oro Grande and Oro Grande West structures at depth. Additionally, a [...]
Ashley Gold is pleased to announce that drilling crews have arrived on-site at the Burnthut Project, following the completion of pad cutting and site preparation. A clearing crew has successfully prepared access for the drill rig, and the rig substructure has been positioned near its predetermined collar location. The rig is scheduled to arrive this weekend and drilling is set to commence shortly thereafter, marking an [...]
Ashley Gold Corp. has signed a drilling contract with Heritage Mining to utilize their drilling team and equipment for the 3-hole Burnthut drill program. Drilling will commence with conclusion of Heritage's initial drill program at their Drayton Black Lake project adjacent to Burnthut. Darcy Christian, CEO of Ashley comments "This collaboration with Heritage for drilling of Burnthut provides Ashley with access to [...]
Ashley Gold Corp. is pleased to provide a drilling update and an overview of execution in 2024. Ashley has made significant strides across its properties in 2024, demonstrating the company's strong commitment to advancing its exploration activities and expanding its resource potential. Burnthut Drilling Update: Ashley is currently finalizing mobilization logistics for the Maiden drill program at the Burnthut Project. The [...]
Ashley Gold is pleased to announce approval for the Ontario Junior Exploration Program grant to fund 50% of the estimated drilling costs for the Burnthut Program. The total grant is estimated at $83,175. "We are thrilled to receive the Ontario Junior Exploration Program grant, which demonstrates the Government of Ontario's commitment to advancing exploration in the province," said Darcy Christian, CEO of Ashley Gold Corp [...]
Ashley Gold closes initial tranche of its financing announced on Oct 23, 2024, as amended, for gross proceeds of $147,724.96 . Darcy Christian CEO of Ashley Comments "We are excited to get this first tranche out of the way to begin preparations for our drilling program at Burnthut and to finalize the Howie Induced Polarization interpretation. We have had significant additional interest in the financing which we look to [...]
Ashley Gold issues a correction in the Financing announced October 23, 2024. Non-Flow Through Units will be offered at $0.045 with Flow-through Unit terms are unchanged. Financing Terms and Use of Proceeds The Company announces a non-brokered private placement financing for aggregate proceeds of up to $300,000 to advance exploration on Ashley's Ontario gold properties. The Offering includes a flow-through component and a [...]