Business
Ashley Gold Provides Exploration Update on Howie Project
Highlights 2023 Mapping and sampling program to commence week of September 4th Focus on known mineralized zones as well as soil anomalies Results will be used t
About this update from Ashley Gold Corp.
[{"type":"text","content":"Highlights 2023 Mapping and sampling program to commence week of September 4th Focus on known mineralized zones as well as soil anomalies Results will be used to define winter exploration program Calgary, AB – TheNewswire – August 28, 2023 - Ashley Gold Corp. (CSE:ASHL) (“Ashley” or the “Company”) is pleased to update shareholders on the mineralized gold potential of the Howie Property and plans to advance the property in the coming weeks. Darcy Christian, President of Ashley, commented, “The Howie Project shows much potential with several mineralized zones already identified from previous exploration. We are looking to get our feet on the ground next week to confirm and expand the potential of Howie.” This program will include channel sampling some of the known mineralized zones where historical data is missing and to prospect over areas of elevated gold soil anomalies across the large property. The results of this program will help determine future geophysical and exploration programs up to and including drilling. An overview of the Howie property follows. Figure 1. Howie Location and Historical Exploration The Howie Property The Howie Property is located adjacent to Dynasty Gold’s Thundercloud property and about 3km from their Pelham Deposit. Dynasty is currently drilling with results anticipated shortly. Gold emplacement on both properties is thought to be related to the Thundercloud porphyry which is located between the Pelham deposit and the known mineralization on the Howie Property. Figure 1 shows a composite of soil grids (triangles) obtained by previous operators with anomalies above 5 ppb highlighted on the map. Anomalous readings outside of the known mineralization is seen across the property with a linear north-south trend south of the Inset that coincides with a series of shears mapped by Esso in the late 1980’s. Additional anomalous zones are seen in the northeast of the Howie property as well as proximally to the Thundercloud property on the western boundary. Focused exploration on these ‘Greenfield’ targets will commence in September with prospecting and sampling. Figure 2. Inset of Mineralized Zones Known Mineralization (Inset) The Howie Property has several known historical mineralized zones sampled at surface and, in some cases, drilled. &...