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Ashley Gold Announces Drilling is Underway on Tabor Property
Highlights Currently drilling 1st hole located on South Pad Testing 838 g/t Au* historically reported intercept 518 Drilling has 2 shifts drilling 24 hours a da
About this update from Ashley Gold Corp.
[{"type":"text","content":"Highlights Currently drilling 1st hole located on South Pad Testing 838 g/t Au* historically reported intercept 518 Drilling has 2 shifts drilling 24 hours a day Calgary, Alberta – TheNewswire – September 13th 2023 - Ashley Gold Corp. (CSE:ASHL”) (“Ashley” or the “Company”) 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 making excellent meterage per shift. Darcy Christian, President of Ashley, commented, “We are very excited to get the drill turning at Tabor. George and I were on site last week in preparations and are very happy with the progress that has been made to date.” Figure 1. Lining up the drill for the first hole on the South pad. Tabor Drill Program Drilling will be completed in multiple holes near the Tabor historical workings. The objective of this program is to confirm the mineralization reported by historical operators in the 1930’s to 50’s. Additionally, the new information from core will be used to better understand structure of the system to direct follow up drilling and exploration plans. Figure 2. Conceptual Cross Section Showing Targets for Upcoming Drill Program (Looking West) Pad Locations and Targets Pad locations were chosen to optimize time drilling and to test the known mineralization at multiple levels above, between, and below the historical workings. North Pad East North Pad 1 is located to the east of the shaft and will be used to test the mineralization and structure between the 125ft and 250ft shaft levels. A hole will be extended to the northeast to confirm an interpreted north-south fault that is thought to offset the Quartz Feldspar Porphyry (QFP). Structural measurements will be taken to understand mineralization and any offset of mineralized veining. North Pad West North Pad 2 is located west of the shaft and will be used to test the shallow potential above the 125ft level. Historically, a surface bulk sample of 77 tons was obtained yielding an average of 17 g/t Au*. ...