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Ashley Gold Receives Permit for the High-Grade Alto-Gardnar Project, Dryden, Ontario
CALGARY, ALBERTA – TheNewswire - March 25, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share an operational update related
About this update from Ashley Gold Corp.
[{"type":"text","content":"CALGARY, ALBERTA – TheNewswire - March 25, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share an operational update related to its Alto-Gardnar project. Highlights: Permitted for up to 13 pads, line cutting and IP surveys President Noah Komavli; “The Alto-Gardnar project has seen significant historical surface work and limited drilling. Prior operators looked at the system as a low grade, bulk ton target. Given our high grade findings in the fall 2025 channeling program, which included 130 g/t Au over 1.0m, this project warrants further attention and scout drilling to probe the high grade zone at depth. The pairing of the permitted IP survey will allow efficient exploration and greater resolution outside the stripped area.” CEO Darcy Christian on the recent permit; “We have reached a significant milestone in our portfolio, with every Ontarian project now permitted, and our BC portfolio partially permitted with Vertebrae Ridge being the only project pending issuance. This gives our Company a unique edge and increased flexibility in terms of future planning. We will now also look at expanding our permit at the Burnthut to include IP lines outside the Tak Patents.” Alto-Gardnar Project Image 1: Regional Map, Inset Alto-Gardnar Shear Facing North-East Image 2: Alto-Gardnar Shear, Facing South-West Project History - Alto Project 1937 Gold discovered at Alto-Gardner by l.W. Alto and W. Gardnar (Berger, 1989). 1940 Sandybeach Lake Syndicate; stripping, trenching, bulk sampling, including 125-ton bulk sample from an open cut with a reported grade of 0.231 ounces per ton (opt). In 1943, Satterly (in Berger, op.cit.) reported the bulk sample ran 0.081 opt, although the discrepancy between the two values is unresolved. 1982 Ground restaked by K. and M. Bernier, who cut a grid and conducted a ground VLF survey, in addition to resampling historic trenches. (in Berger, op.cit.) 1983 Report highlighting a strong northeast-southwest striking quartz vein system in Keewatin greenstone intruded by quartz porphyry, with favorable geology for gold mineralization similar to nearby deposits. The main vein extends over 1,000 feet with widths up to 24 feet, showing visible gold, pyrite, chalcopyrite, and commercial assays up to 0.37 oz/ton gold. (Report, 1983) 1986 Loydex Resources Inc. flew airborne magnetomete...