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 [...]
Ashley Gold Corp. announces assay results for the additional Tabor-Sakoose claims acquired June 19, 2024. New assays confirm historical indications of gold mineralization with elevated gold in all three samples up to 5.8g/t Au. Three historical channel cuts were resampled including a 1m sample over a quartz vein and two 1.5m shoulder samples in the wall rock either side of the vein. These claims have never been drilled [...]
Ashley Gold Corp. has followed up 2023 sampling with multi-mineral assays to determine presence of Silver in the system. Results were positive with samples up to 115 g/t Silver. These new assays show the repeatability of the 2023 gold assays and that significant silver is present in the system to bolster these high-grade gold samples Darcy Christian, CEO of Ashley comments "These assays give me additional confidence that [...]
Ashley Gold Corp. is pleased to announce the approval for drilling at the Burnthut Property located on trend and adjacent to NexGold's Goliath Gold Complex which boasts 2P reserves of 1.3 million ounces of gold and 1.7 million ounces of silver. Darcy Christian, CEO of Ashley comments "We are very keen to get this high impact drill program underway next month. With the discovery of multiple parallel mineralized veins [...]
Ashley Gold Corp. has sampled the historic Ceciliate portal on the Sahara Property with a successful assay of 1.26% eU3O8,50 feet within the underground workings. The Ceciliate Portal is 3.9 kilometers south-southeast of the historic Sahara Portal accessing a historic non-compliant reserve of 500,000lbs of eU3O8*, Ashley's main resource target. The Ceciliate workings include over 1.2 kilometers of surface bench cuts [...]
Ashley Gold Corp. closes the first tranche of the non-brokered private placement financing announced June 24, 2024 for a total gross proceeds of $184,800 representing 2,464,000 Units. Darcy Christian, CEO of Ashley comments "We have received a lot of interest in our uranium and gold assets over the last month. This tranche does not include the 25% commitment by Sahara Optioner Greg Kofford and we have additional strategic [...]
Ashley Gold is pleased to announce a successful surface sampling program at the Acerson outcrop 6 km south of Ashley's underground Sahara mine. Sampling shows mineable uranium grades ranging from 0.04% to 1.22% across the 450m outcrop highlighting the broader potential of the Sahara property now over 50km2. HIGHLIGHTS Surface grab samples grade up to 1.2% eU8 at the Acerson outcrop Average of samples 0.377% eU8 [...]
Ashley Gold Corp. announces a non-brokered private placement financing for aggregate proceeds of up to $1,000,000 for exploration and working capital. In addition an amendment to the Sahara Option Agreement adds an additional 204 claims adjacent to the existing Sahara Property. Darcy Christian, CEO of Ashley comments "Our assets are all advancing nicely and it is time to deploy additional exploration capital in the form [...]
Ashley Gold announces the addition of four claims to the Sakoose Option Agreement just east of the Tabor Lease. These claims have never been drilled however a high-grade surface sample was acquired in 1980 grading 33 g/t Au*. In addition the Company is happy to report a safe conclusion to the field acquisition of the Howie Gradient IP Survey with data expected next month. Highlights Historical sampling grading 33g/t Au [...]
Ashley Gold announces the resignation of George Stephenson from the Board of Directors effective June 12, 2024. Darcy Christian, CEO of Ashley comments "I'd personally like to thank George for his work with Ashley over the last few years. He has been instrumental in building an enviable portfolio of assets for Ashley. I wish him the best in his future endeavors and hope to work with him again in the future." About Ashley [...]
Ashley Gold is currently acquiring the Gradient Induced Polarization survey at Howie to determine potential drill targets. In addition, Ashley has preliminary drill locations defined for the Maiden Burnthut drill program. Darcy Christian, CEO of Ashley comments "The acquisition of IP over Howie will be a fantastic tool to understand the deeper mineralization at Howie. We are optimistic that this survey will lead to an [...]
Ashley Gold Corp. is continuing to advance our properties with the discovery of a parallel deformation zone west to the 2023 initial Oro-Grande discovery in addition to extending the Oro-Grande zone an additional 200m. Darcy Christian, CEO of Ashley comments "Our team continues to show how prospective our acreage is with another amazing result on our Burnthut Project. Not only have we significantly extended the strike [...]
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