Ashley Gold announces a non-brokered private placement financing for aggregate proceeds of up to $150,000 to advance the Howie, Tabor-Sakoose, and Burnthut Properties and for general working capital. "We are looking to advance our properties with a drilling program and an Induced Polarization survey" commented CEO, Darcy Christian. "In addition, we will be permitting for drilling at Tabor and Sakoose as well as developing [...]
Ashley Gold is pleased to provide an update on 2024 exploration plans on the Dryden area assets. Drilling at Burnthut is expected to commence in May of this year with new Induced Polarity planned in April. Highlights Drill Program on newly acquired Burnthut Property Gradient IP survey on Howie Project Airborne EM and Magnetic Compilation on Tabor and Sakoose Darcy Christian, CEO of Ashley comments "We are excited to get [...]
Ashley Gold is pleased to announce completion of the acquisition of 100% of the Burnthut Property. The Burnthut property is located southwest of Sioux Lookout, Ontario on the Treasury Metals Goliath-Goldlund trend. Darcy Christian, President of Ashley, commented, "With the close of the Burnthut acquisition we have begun the permitting for exploration activities for this spring and summer. I feel that this property has [...]
Ashley Gold Corp. is pleased to announce entering into a Letter of Intent to purchase 100% of the Burnthut Property. The Burnthut property is located southwest of Sioux Lookout, Ontario on the Treasury Metals Goliath-Goldlund trend. Darcy Christian, President of Ashley, commented, "This is a fantastic project to add to our portfolio. Work completed in 2023 shows kilometer scale strike length potential with width. Within [...]
Ashley Gold announces a non-brokered private placement financing for aggregate proceeds of up to $300,000 to advance the Howie and Sakoose Properties with winter exploration programs. "Our properties are in an enviable position of near year-round exploration access" commented CEO, Darcy Christian. "We would like to continue to advance our properties with a winter drill program at Sakoose and an Induced Polarity survey [...]
Ashley Gold Corp. is pleased to announce the assay results for the maiden drill program at the Tabor property. Mineralization was intersected in all holes drilled and all objectives have been reached to advance the project to the next phase. Darcy Christian, President of Ashley, commented, "This is a great result for Ashley and its shareholders. We have confirmed high grade mineralization of the ...
Ashley Gold Corp. is pleased to announce entering into an option agreement to earn 100% of contiguous claims directly east of the Tabor property including the past producing Sakoose Mine subject to a 1.5% Net Smelter Royalty. Darcy Christian, President of Ashley, commented, "I am very excited to increase our footprint in the Tabor area. Both the Tabor and Sakoose Mines are located just south of a major regional fold hinge [...]
Ashley Gold Corp. is pleased to announce the completion of our Maiden drill program at the Tabor Property. Approximately 550m of core was successfully cut and logged with prospective intervals sent for metallic screening and fire assay. Darcy Christian, President of Ashley, commented, "I am extremely satisfied with how smoothly our first drilling program went. We have achieved another milestone safely and with low [...]
Ashley Gold Corp. is pleased to announce it has successfully closed a $300,000.00 private placement with Sorbie Bornholm LP, an institutional investor based out of the UK. The private placement consisted of 4,166,667 units of the Company at a price of $0.0720 per Unit, for aggregate gross proceeds of $300,000. The proceeds from the Offering were deposited with a third-party escrow agent and shall be delivered to the [...]
Ashley Gold Corp. is pleased to announce the commencement of drilling on the Tabor Lake Property. As of this morning, the first hole located on the south pad is drilled to a depth of 110m. This test will look to confirm historic drilling reports stating the existence of another mineralized vein below the historical workings that was reported at 838 g/t over 1m*. 518 Drilling has two shifts drilling 24 hours a day and are [...]
Ashley Gold is pleased to announce it has executed a term sheet in connection with a $300,000.00 private placement with an institutional investor from the UK. The private placement shall consist of 4,166,667 units of the Company at a price of $0.0720 per Unit, for aggregate gross proceeds of $300,000. The Units will be issued under the terms of an escrow agreement to be entered into with a third-party escrow agent. The [...]
Ashley Gold is updating shareholders on the fall drill program on Tabor and exploration program on Howie. A slight travel delay has the program slated to start this weekend. Pads are in place and the drill crew is on standby. Sampling crew is onsite at Howie for grab and channel samples across multiple mineralized occurrences. Darcy Christian, President of Ashley, commented, "We are looking forward to getting the Tabor [...]