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Ashley Gold Reports 1.505 g/t Au over 10.25m Near Surface in Final Assays of Phase 1 Tak Drilling Extending D99Z Width to Over 100m, Dryden Area, Ontario
CALGARY, ALBERTA – TheNewswire - June 23, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share final assay results from the
About this update from Ashley Gold Corp.
CALGARY, ALBERTA – TheNewswire - June 23, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) is pleased to share final assay results from the recently completed Phase 1 drill program on its wholly owned Tak Patents. Highlights: TAK-26-04: 0.996 g/t Au over 16.00 m including 1.505 g/t Au over 10.25 m near surface, within 118.23 m of anomalous gold values, terminating 3 m after intercepting 3.61 g/t Au over 0.3 m. TAK-26-05: 7.39 g/t Au over 0.5 m, 8.00 m downhole. As well as 0.426 g/t Au over 15.00 m including 0.738 g/t over 6.00 m. Updates: Management heading to site, active prospecting based on IP, field updates to follow. Phase 2 logging and cutting ongoing, for a total of four holes pending from 67Z. 32 grab sample assays remain pending from prospecting along strike and in the NTZ. Figure 1: Regional Map and Area of Activity President Noah Komavli: “The Company has intercepted gold values in all holes drilled on the Tak to date, with near surface, bulk tonnage gold values being the standout theme. As we progress with more advanced targeting based on our field and IP results, I look forward to working towards discovery and expansion of these known zones in this underexplored, yet highly promising area of the belt.” CEO Darcy Christian: “This was a great first drill program on the Tak for Ashley. I am pleased to see the width potential of the D99Z developing to over 100m and will be interested in seeing the results of Phase II as we begin to test the strike potential of the larger shallow system." Project Map Figure 2: D99Z Cross Section Figure 3: D99Z Cross Section Core Images Figure 4: Top Section of TAK-26-04 - Example Mineralization in Halved Core Figure 5: Sulphide Mineralization Apparent in Top of TAK-26-04 Figure 6: Pyrite Veinlet in Altered QFP Phase 1 Program Discussion Table 1: Drilling Location Data TAK-26-01 was an eastern step out and undercut of the historic TAK-99-01 hole. This hole assayed 1.104 g/t Au over 28.2 m, leading to the moniker “Double 9 Zone” or D99Z, highlighting the 1999 drilling discovery of the gold bearing zone at surface. TAK-26-02 was designed as an eastern fan from TAK-02-02. The results display gold mineralization starting at the drill hole collar, with a significant result of 0.586 g/t Au over 34.2 m. The entire hole returned anomalous gold values, with thr...