Business
Ashley Gold Expands Presence Adjoining NexGold Mining's Goliath Gold Complex, Acquires Ownership of the Tak Patents in All Stock Transaction, Optimizes Burnthut Project, ON
CALGARY, ALBERTA – TheNewswire - January 6, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to announce a key update relating to i

About this update from Ashley Gold Corp.
[{"type":"text","content":"CALGARY, ALBERTA – TheNewswire - January 6, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to announce a key update relating to its Dryden Area exploration focus. Highlights: Ashley Gold Corp. will acquire 100% ownership of the Tak Patents in an all stock, friendly deal Tak Patents bring historical significance of a 1.5km mineralized corridor that hosts historic high grade and bulk tonnage gold values near surface Historic compilation shows a 350m strike that remains open and untested at both ends, and between the historic holes, at depth and along width The Company is in talks with a driller for a 2026 Winter program, including target selection and pad planning, to have the highest impact on delineation Planning is ongoing for a mobile core cutting and logging setup in the Sioux Lookout area, which the company is capitalized to execute CEO Darcy Christian on the Tak; “Ashley has decided to proceed with the acquisition. The Tak Patents will become a cornerstone of our portfolio in the highly coveted Dryden Gold belt. Our preliminary review of historic data has highlighted high grade gold intervals within a lower grade envelope, suggesting a bulk tonnage setting in a large felsic intrusive body that has potential for open pit and underground tonnage, to be proved up through near term drilling. Additionally, we have located the historic 2002 core, which was well documented, but may be important in the case of resource definition.” President Noah Komavli on the addition; “The team's geological review has been completed, and the Tak Patents further distinguish the quality of the portfolio Ashley is assembling. A key defining feature being the focus on grade and scale. The Tak System is open in all directions and the overall unit is thought to be at least 500 m wide by 1400 m long. Our focus will be to confirm the past grades received and work towards expansion within the patents as soon as possible. The ultimate goal being to delineate another satellite deposit, on trend and accessible from the NexGold complex. With our pending Alto-Gardnar permit (20km due East of Goliath), plus recent drilling on the Howie, the Tak Patents deliver another diversified project with CMETC potential through historic copper assays. This will ensure a catalyst rich Winter, while prot...