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Ashley Gold Begins 2022 Exploration Program at the Ashley Property and Announcement of Chief Financial Officer
CALGARY, ALBERTA – TheNewswire - July 13, 2022 - Ashley Gold Corp. (CSE:ASHL) (CNSX:ASHL.CN) (“Ashley” or the “Company”) is pleased to announce that as of July
About this update from Ashley Gold Corp.
[{"type":"text","content":"CALGARY, ALBERTA – TheNewswire - July 13, 2022 - Ashley Gold Corp. (CSE:ASHL) (CNSX:ASHL.CN) (“Ashley” or the “Company”) is pleased to announce that as of July 13th we have begun the official 2022 Exploration program on the historically producing Ashley Gold Property southeast of Timmins Ontario in the Abitibi Greenstone Belt. Exploration Manager, Shannon Baird is currently on the property finalizing surface targets for channel sampling and structural interpretation. The 2022 summer program will focus on advancing the geological understanding of the known mineralization styles found on the property including high-grade greenstone lode gold and syenite hosted gold. Greenstone Lode Gold: In order to confirm continuity of high-grade gold mineralization along strike across several known vein exposures, channel sampling and detailed surface structural measurements will be completed. This will allow us to link up the surficial Ashley Mine, No.1, Ashley West, and Garvey vein exposures to vein systems encountered in historical drilling at depth. We consider this a crucial step in advancing Ashley’s 3D geological model to define the most promising drill targets. Syenite-Hosted Gold: Channel sampling and structural analysis of the exposed gold hosting syenite bodies will be completed to confirm gold-bearing quartz vein density, size, and orientations. Density and orientation of the quartz veins within the syenites is crucial to targeting in the upcoming drilling campaign. Figure 1: Ashley Mine Project Location “We are very excited to have boots on the ground at the Ashley Property. With Shannon’s extensive experience and diverse skill set, I have confidence that our team will advance these areas of the Property into high quality drill targets.” said Darcy Christian, Ashley’s Vice President, Operations. “We know the gold is there in both mineralization styles and the key going forward is to fully understand what is going on at depth from both a structural and mineralization standpoint. This program coupled with detailed 3D modelling will give us the best shot of intersecting grade and width in upcoming drilling.” Announcement of chief financial officer As of July 10, 2022, the company wishes to announce the appointment of Paul Rozek, CPA, CA, MPAcc as its Chief Financial Officer. Mr. Rozek is an independent Chartered Profe...