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Ashley Gold Samples 135.46 g/t Au Over a 3.50 metre Surface Vein Composite and Grab Samples 582.00 g/t Au at the Ashley Gold Mine Project
November 8 – TheNewswire - Ashley Gold Corp. (CSE:ASHL) (“Ashley” or the “Company”) is pleased to report positive assay results from its gold grade continuity e
About this update from Ashley Gold Corp.
[{"type":"text","content":"November 8 – TheNewswire - Ashley Gold Corp. (CSE:ASHL) (“Ashley” or the “Company”) is pleased to report positive assay results from its gold grade continuity evaluation program of the No. 1 Vein and Garvey Vein from its Ashley Mine Project located approximately 18 kilometres northwest of Alamos Gold’s Young-Davidson Mine. These veins are “high-grade”, exposed on surface for significant strike lengths, and are shallow dipping. The Company intends to follow up these encouraging results with “re-opening” of the historic trenches and a more comprehensive surface vein sampling program to test the viability of a potential mini bulk sample program in the future. Composite Interval Highlights: No. 1 Vein (A1) 3.28 g/t Au over 5.00 metres strike length No. 1 Vein (A2) 15.10 g/t Au over 6.00 metres strike length Garvey Vein (G1) 135.46 g/t Au over 3.50 metres strike length Garvey Vein (G2) 582.00 g/t Au in a grab sample of mineralized vein material “With the results announced today, we believe that the historic gold assay values and extraction results of the Garvey and No. 1 Veins have been verified and there remains good potential to expand known zones laterally and to depth, with good continuity” said Darcy Christian, Ashley’s Vice President, Operations. “In addition, these veins are relatively “high-grade” in nature, exposed on surface for significant strike lengths, and are shallow dipping potentially allowing for cost efficient extraction by surficial bulk sampling”. Ashley Mine Project Vein Gold Grade Continuity Linear Chip Sampling The program consisted of linear chip sampling of quartz vein material exposed within historic trenches to test the gold grade continuity along strike (“nugget effect”) of the No. 1 Vein and Garvey Vein. The intention was to verify historic bulk and chip sampling values. Most trenches are at least 40 years old and “sluffed” in, covering most of the historically noted vein exposures. A total of 11.0 metres over two separate zones within the approximate...