Ashley Gold Corp.

Ashley Gold Corp. is pleased to inform its shareholders that the Tabor Lake drilling permit has been obtained and construction crews are on the ground preparing access, pads, and fluid containment for the drilling permit. Drilling is expected to commence within 3 weeks and management will be heading to site early September for ground exploration. Darcy Christian, President of Ashley, commented, "We are very excited for [...]

Ashley Gold Corp. has completed unconstrained inversion modelling of the recently acquired drone magnetics. The purpose of the inversion was to provide indication of structure at depth to guide the 2023 drill program. A magnetic low has been imaged correlating to the Quartz Feldspar Porphyry associated with the Tabor Lake mineralization. Darcy Christian, President of Ashley, commented, "The result of the inversion is [...]

Ashley Gold Corp. further to its news release dated May 10th and May 25th, 2023, the company is pleased to announce the closing of the non-brokered private placement with 5,162,915 Units for gross proceeds of $361,404.09. The Company paid a total of $20,687.51 in finders fees associated with the Offering and issued 295,536 finder warrants with an exercise price of $0.12 expiring 24 months from the closing date of the [...]

Ashley Gold Corp. is pleased to announce that the Tabor Lake Lease transfer has been completed by the Province of Ontario into the name of Ashley Gold Corp. This is related to the purchase agreement signed in October 2022. Under the terms of the agreement Ashley owns 100% of the Mineral Lease subject to a 1.50% NSR with option to purchase 0.75% for $750,000 CAD. Consideration for the transaction is 330,000 common shares [...]

Ashley Gold is pleased to announce that, subject to approval of the CSE, it intends to complete a non?brokered private placement of up to 7,142,857 units at a price of $0.07 per Unit, for gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company and one common share purchase warrant exercisable at $0.12 per Share for a period of three years from the closing date of the Private Placement [...]

Ashley Gold Corp. has advanced planning and permitting of the Tabor Lease drill program. Proposed locations will test mineralization intersected by historical drilling and underground work. Conceptual targets to be tested are as follows: Above the 125ft level to test main mineralized zone and previously identified "greenstone" facies; Between the 125ft and 250ft historic shaft levels to test main mineralized zone and [...]

High Resolution Magnetic Survey Completed showing multiple follow-up targets for spring exploration program Proposed drill locations around the Tabor Mine are finalized and permitting is underway for maiden drill program Currently tendering for drill contractors for upcoming drill program Ashley Gold Corp. is pleased to announce initial results of the Tabor Lake high resolution magnetic survey. Data quality is good and [...]

Ashley Gold has completed the acquisition of the Tabor Lake and Alto-Gardnar Drone Magnetic Surveys and will begin the Howie Lake acquisition this week. Data for Tabor Lake is being fast-tracked by Pioneer Exploration Consultants and is expected to be finalized by Mid-April. This data coupled with digitized historical data will be used to finalize drill locations for the maiden spring drill program. "The high-resolution [...]

Ashley Gold is currently acquiring a high-resolution drone magnetic survey over the Tabor Lake Project. This survey will provide the detailed resolution needed for finalizing drill targets and orientations for the upcoming drill program. Following the acquisition of the Tabor/Santa Maria data, Pioneer Exploration will move on to acquire over the Alto-Gardnar and Howie Lake Projects. Fast track data is expected to be [...]

Ashley Gold Corp. is currently tendering for a high-resolution drone magnetics survey over the Howie Lake Project. Recent drill results on the adjacent Thundercloud property operated by Dynasty Gold shows excellent correlation of high magnetic response with mineralization in the Pelham Inferred Resource. This coupled with very similar geological context across the Howie Lake Project provides a cost-effective acquisition [...]