Business
Ashley Gold Intercepts 0.53 g/t Au over 24m in Howie Maiden Drilling
CALGARY, ALBERTA – TheNewswire - March 19, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to announce that a gold bearing zone ha
About this update from Ashley Gold Corp.
[{"type":"text","content":"CALGARY, ALBERTA – TheNewswire - March 19, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to announce that a gold bearing zone has been discovered on its 100% owned (no NSR), Howie Project, which borders Dynasty Gold’s Pelham deposit. President Noah Komavli; “Our maiden Howie drill campaign has delivered results, with assays revealing near surface gold grades typical of bulk tonnage systems on just ~400m of drilling. This follows from our surface channels in the summer of 2025, which revealed similar weighted average grades southeast of the drilled area. This discovery is significant - the gold grades are associated to a hydrothermal breccia system, unmapped on the surface. Unfortunately, this hole terminated in mineralization above cut-off thresholds of 0.3 g/t Au. A follow up hole would be required to get a true width of the mineralized zone. Our near-term focus remains on exploring the Tak Patents of the Burnthut Project, with the Howie claims in good standing for a number of years. Follow up work can occur as capital allows, with road access and permits in good standing.” HL-25-01 Image 1: HL-25-01 Zone of Interest - Carbonate Breccia Assaying 0.53 g/t Au over 24m Image 2: Example Section of the Brecciated Zone Howie Project Prior to the start of 2026, the Company executed a small 4 hole campaign designed to test the Twilight-Gap anomaly. Readers can recall that each of the 4 holes returned varying lithologies. HL-25-01 delivered the headlines result, drilled on the edge of the chargeable and resistive body. The other holes returned trace values of gold and provided valuable data collection on lithologies in the area. Over the spring and summer, the company executed a small stripping campaign on the Main Katisha Zone, channeling a high of 20.2 g/t Au over 0.8m (May 26, 2025). Later, the company channeled the Twilight Zone, returning a weighted average of 0.624 g/t Au over 22.9m (September 22, 2025). In early fall, the historic core from 1987 was located, cut and assayed, returning 0.33 g/t Au over 25.74m in proximity to the Twilight Zone (October 14, 2025). Due to the complex mineralization and widespread gold occurrences, the company proposed a low cost drill program for additional data collection using oriented core. The targets were selected using the IP survey data commissioned in 2024...