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Ashley Gold Re-Mobilizes Field Crew for Phase 2 Tak Drilling and Prospecting - Bordering the NexGold Goliath-Gold Complex, Dryden Area, Ontario
CALGARY, ALBERTA - May 26, 2026 – TheNewswire - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share an update in regards to its
About this update from Ashley Gold Corp.
[{"type":"text","content":"\n CALGARY, ALBERTA - May 26, 2026 – TheNewswire - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share an update in regards to its Phase 2 drilling activities on the wholly owned Tak Patents.\nHighlights:\n\n\nDrilling crew has mobilized for Phase 2 program, targeting 67Z and step outs, \n\n\nActive field work occurring in advance and simultaneously, prospecting beyond known zones and ground truthing IP study features. \n\n\nPending Assays:\n\n\n3 holes from Phase 1 program remain pending. \n\n\nFigure 1: Regional Map and Area of Activity\nPresident Noah Komavli: “Ashley enters the summer field season with momentum, kicking off our second drill program on the Tak. In parallel and ahead of drilling, prospecting activities have begun, with assay results to be shared once received. So far, the selective grabs returned echo my sentiment of only scratching the surface of these claims. The data being generated from drilling and prospecting will serve to broaden our understanding of the Tak QFP. Phase 2 drilling is picking up in an area of significant historic results with only two holes ever drilled, results include 3.18 g/t Au over 8.7 metres, starting at 27.7 m (Southern Rio, 2002).”\nProspecting\nGround truthing resistive and chargeable targets, with a coinciding high gold index provided by the IP survey pseudosections have correlated strongly to early field findings. Including;\n\n\nHistorically worked trenches, numeric identifiers 18/19 (Cominco, 1980), \n\n\nMultiple quartz stockwork zones. \n\n\nCurrent prospecting is focused between the 99Z and 67Z, in final preparation for drilling between the two zones to test the IP model as part of the forthcoming Phase 2 program.\nFigure 2: Sulphide Mineralization in Quartz\nFigure 3: Sulphide Mineralization in Quartz Feldspar Porphyry\nFigure 4: Example Mineralization - Quartz Veining and Sulphides\nFigure 5: Sulphide Mineralization in Quartz Feldspar Porphyry \nFigure 6: Example Quartz Stockworks Float\nPhase 2 Planning\nAshley’s initial planning in is as follows:\n\n\nTAK-26-06: exploratory hole ~150m east of the 67Z for possible strike extent, drilling underneath high priority stockworks zones identified during prospecting (Trench 18/19, Cominco, 1980), \n\n\n\n\nTAK-26-07: 60 degree twin of the 67Z, with the dual purpose of va...