Business
Ashley Gold Summarises 2024 Accomplishments and Defines Objectives for 2025
Calgary, Alberta – TheNewswire – January 16, 2025 - Ashley Gold Corp. (CSE: ASHL) (“Ashley” or the “Company”) is pleased to provide a drilling update and an ove
About this update from Ashley Gold Corp.
[{"type":"text","content":"Calgary, Alberta – TheNewswire – January 16, 2025 - Ashley Gold Corp. (CSE: ASHL) (“Ashley” or the “Company”) is pleased to provide a drilling update and an overview of execution in 2024. Ashley has made significant strides across its properties in 2024, demonstrating the company's strong commitment to advancing its exploration activities and expanding its resource potential. Burnthut Drilling Update: Ashley is currently finalizing mobilization logistics for the Maiden drill program at the Burnthut Project. The drill program is expected to commence within the next few weeks with continued stable winter conditions. Darcy Christian, CEO of Ashley Gold Corp., stated \"2024 has been an incredibly successful year for Ashley Gold Corp., with our team achieving significant milestones across multiple projects, even in the face of challenging market conditions. The exploration efforts across our Ontario portfolio have uncovered exciting high-grade gold mineralisation setting the stage for a busy and promising drilling season ahead. Despite the volatility in the broader markets, the exceptionally strong price of gold has fueled our optimism, and we are well-positioned to unlock substantial value for our shareholders. The discoveries we've made, the strategic acquisitions we've completed, and the strong drilling targets we've defined have laid a solid foundation for continued success in 2025 and beyond. 2025 will be focused on continued exploration across our portfolio as well as continued portfolio analysis to deliver shareholder value.\" Figure 1. Location of Ashley’s properties Below is a comprehensive overview of Ashley Gold’s key accomplishments by project during 2024. Burnthut Property The Burnthut Property is one of Ashley Gold’s promising Dryden Area assets, with notable discoveries and was wholly acquired in 2024. Property Acquisition: Ashley Gold successfully acquired 100% ownership of the Burnthut Property, located southwest of Sioux Lookout, Ontario, on trend with the Treasury Metals (now NexGold) Goliath-Goldlund deposit. This acquisition opened the door to aggressive exploration, and Ashley Gold completed many milestones in 2024, with a discovery, permitting and funding aimed at testing the system at depth in early 2025. Oro Grande Zone Discovery: Fall 2023 sampling led to the discovery of ...