Ashley Gold Corp. is pleased to announce a Letter of Intent for processing of Sahara Uranium-Vanadium ore at the future Green River Utah processing facility being constructed by Western Uranium and Vanadium . The LOI highlights the intent for Ashley to produce 100,000 tons of Uranium-Vanadium ore per year approximating 500,000 lbs of Uranium* and 750,000 lbs of Vanadium*. Darcy Christian, CEO of Ashley comments "It is my [...]
Ashley Gold Corp. is please to announce initial sampling on the Alto-Gardnar Property. A previously unsampled vein was assayed returning 106 g/t Au and 54.2 g/t Au. In addition, a historic open cut was sampled with assays returning 0.46 g/t Au up to 5.47 g/t Au. Darcy Christian, CEO of Ashley comments "This was our first prospecting trip out to Alto-Gardnar and it did not disappoint. 2006 sampling shows a potential [...]
Ashley Gold Corp. has sampled the main Sakoose vein kicking of the start of the 2024 exploration season. Two samples were taken with one across the Sakoose vein and another adjacent to the vein in wall rock grading 82.3 g/t and 0.99 g/t Au respectively. The sampling confirms the high-grade nature of the Sakoose vein with historical production averaging 11.9 g/t Au Darcy Christian, CEO of Ashley comments "Initial scouting [...]
Ashley Gold Corp. has sampled multiple outcrops at the Howie project in preparation for the upcoming induced polarization survey with acquisition planned coverage over the Katisha, Fiji, Howie, and Twilight gold occurrences. Darcy Christian, CEO of Ashley comments "Will has been busy this spring in preparation for our 2024 program. As part of preparations for the Induced Polarization survey we have sampled at Katisha [...]
Ashley Gold Corp. announces closing of fully subscribed non-brokered private placement financing for aggregate proceeds of $150,000 to advance the Howie, Tabor-Sakoose, and Burnthut Properties. Darcy Christian, CEO of Ashley comments "In the last two flow-through raises we have aligned with a family office that is very keen on both our gold and uranium assets. This group's strategy is long term investment in companies [...]
Ashley Gold Corp. - Calgary, Alberta - announces a non-brokered private placement financing for aggregate proceeds of up to $150,000 to advance the Howie, Tabor-Sakoose, and Burnthut Properties. Darcy Christian, CEO of Ashley comments "We have already been active with surface exploration at Sakoose, Howie, and Alto Gardnar with additional ground exploration at Burnthut slated for later this week. This funding will [...]
Ashley Gold has compiled historical drilling information at the Sahara Uranium-Vanadium historical reserve as part of it's due diligence process. Results are exceeding expectations with over one-third of the historical drilling intersecting mineralization. The advanced and accessible Sahara property is located in east-central Utah, 180 miles southeast of Salt Lake City just off of interstate I-70. Darcy Christian, CEO of [...]
Ashley Gold is pleased to announce that, further to the news release dated March 4, 2024, it has executed a property option agreement dated April 22, 2024 with San Rafael Resources LLC to acquire a 100%-interest in the Sahara uranium-vanadium property. Darcy Christian, CEO of Ashley comments "This is a defining moment for the Company as Ashley now has line of sight for production cash-flow to continue to develop its [...]
Ashley Gold has received an exploration permit for the Howie property including an Induced Polarization survey, stripping and channel sampling at Katisha, and thirteen drill locations. The permit is valid for multiple years. In addition, Ashley has recently received two grants totalling $121,106 from the Ontario Junior Exploration Program for the Howie and Tabor drone magnetic survey as well as the 2023 Tabor Lake Drill [...]
Ashley Gold has completed the due diligence trip to the Sahara Property in preparation of closing the Definitive Agreement next month. Video of the site visit can be found here. Darcy Christian, CEO of Ashley comments "The site visit was a great success. We have confirmed the potential of the property and are working to finalize terms on the Definitive Agreement. This is a property with the opportunity to quickly develop [...]
Ashley Gold Corp. announces the Company has closed its previously announced non-brokered private placement of units on an oversubscribed basis, for gross proceeds of $182,875. The Offering consisted of the issuance of an aggregate of 3,657,500 Units, at a price of $0.05 per Unit and were comprised of one common share and one-half of one common share purchase warrant. Each full Warrant is exercisable into common shares at [...]
Ashley Gold has signed a non-binding Letter of Intent to enter into an Option Agreement for the 100% acquisition of the Sahara Uranium-Vanadium Property. The property is located 12 miles away from the town of Green River, Utah where Western Uranium and Vanadium is in the process of permitting a processing facility for its San Rafael and Sunday Mine complex resources as well as third party processing. First ore processing [...]