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Ashley Gold Submits Final Holes for Assay, TAK-26-04 and TAK-26-05, Shares Example Mineralization
CALGARY, ALBERTA – TheNewswire - May 11, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share visuals and operational

About this update from Ashley Gold Corp.
[{"type":"text","content":"CALGARY, ALBERTA – TheNewswire - May 11, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share visuals and operational updates from its concluded Phase 1 diamond drilling program on the 100% owned Tak Patents. Highlights: Core logging and cutting completed, All five holes pending assay results. Image 1: Regional Map and Area of Activity President Noah Komavli; “The final two holes have been submitted to the lab as of today. We look forward to reviewing, plotting and sharing results as they are received. Our Phase 2 program will pick up where we left off after the ongoing Spring melt completes.” Drilling Operation Update All holes completed during Phase 1 have been cut, logged and submitted for assay. Table 1: Drilling Location Data TAK-26-04/05 Visuals Image 2: Example Mineralization in Halved Core Image 3: Sulphide Mineralization Apparent in Top of TAK-26-04 Image 4: Pyrite Veinlet in Altered QFP References Property MDI Link: https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI000000002119.html Wedge Zone assays: https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52G13NW2001/52G13NW2001.PdF Triex logs (Tak-99 holes): https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52G13NW2002/52G13NW2002.Pdf Southern Rio logs (Tak-02 holes):https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52F16NE2006/52F16NE2006.Pdf NI 43-101 Disclosure The technical information in this news release was reviewed and approved by Shannon Baird, P.Geo., a Qualified Person as defined in National Instrument 43-101. Mr. Baird is Exploration Manager of Ashley Gold Corp. and registered as a Professional Geoscientist with the Professional Geoscientists of Ontario as well as the Engineers and Geoscientists of British Columbia. *Management cautions that core visuals are selective in nature to begin with and is not representative of the hole in its entirety or indicative of any grade overall. Assay results are pending and visual identification of minerals does not guarantee economic grades. These preliminary visual observations are awaiting laboratory confirmation. ABOUT ASHLEY GOLD CORP. Ashley Gold Corp. is a Canadian mineral exploration com...