Ashley Gold Corp. Mobilizes Field Crew for Prospecting at Burnthut and Tabor Properties, Targeting New Gold Discoveries
FOR IMMEDIATE RELEASE
CALGARY, ALBERTA
June 6, 2025
Ashley Gold Corp. Mobilizes Field Crew for Prospecting at Burnthut and Tabor
Properties, Targeting New Gold Discoveries
Calgary, Alberta – June 6, 2025 – Ashley Gold Corp. (CSE: ASHL) (“Ashley” or the
“Company”) is pleased to announce the mobilization of a field crew to conduct prospecting
activities at its wholly-owned Burnthut Property and Tabor Property, located in the highly
prospective Dryden area of northwestern Ontario within the Eagle-Wabigoon-Manitou Lakes
Greenstone Belts. This program builds on the Company’s successful 2024 and 2025
exploration efforts and aims to unlock new gold potential at both properties.
Noah Komavli, President of Ashley Gold Corp., commented:
"Mobilizing our field crews to Burnthut and Tabor marks the next phase of our focused
exploration strategy. At Burnthut, the untested inland VLF anomalies present highly
prospective targets for new gold discoveries, building off the success of our initial drill
program. At Tabor, recent clear-cutting has provided us with valuable new access to areas
that have seen little to no modern exploration. With a strong gold market, expanding ground
position, and our technical team's expertise, Ashley Gold is well positioned to drive
meaningful value creation for shareholders as the summer program unfolds."
Burnthut Property: Targeting Parallel VLF Anomalies
Figure 1: VLF Survey and 2025 Drilling Collar, Prospecting Along Increasing Strength of
Trend
At the Burnthut Property, the field crew will focus on prospecting parallel Very Low
Frequency (VLF) geophysical anomalies that extend inland from the high-grade Oro Grande
and Oro Grande West zones, where surface sampling has returned assays of up to 70 g/t
Au and 31.9 g/t Au*, respectively. These anomalies, identified during prior geophysical
surveys, indicate potential extensions of mineralized structures that have not been
thoroughly prospected. The crew will conduct systematic mapping and sampling to evaluate
these underexplored zones, aiming to delineate additional high-grade gold targets along the
700-meter VLF anomaly associated with the Oro Grande system. This work will help refine
targets for future drilling, leveraging the Company’s 2024 discoveries and 2025 drilling data.
Tabor-Sakoose Property: Exploring Newly Exposed Outcrops
Figure 2: Tabor and Sakoose Properties
At the Tabor-Sakoose Property, recent forestry clear-cutting has created a unique
opportunity by exposing previously inaccessible outcrops, potentially revealing new gold-
bearing structures. The field crew will prospect these newly exposed areas, focusing on the
Tabor Lease and adjacent Sakoose claims, which host historical gold mines and recent
high-grade findings, including a 2024 sample of 82.3 g/t Au from a quartz vein at Sakoose*.
The program will include detailed geological mapping and sampling to identify and
characterize potentially undiscovered outcrops, building on 2023 drilling results at Tabor
that intersected 41 g/t Au over 1 meter. This prospecting effort aims to expand known
mineralized zones and generate new drill targets, capitalizing on improved surface access
to accelerate exploration.
*Note: Grab samples are selective and may not represent the true underlying mineralization
of the property.
Qualified Person
The technical and scientific information in this news release has been reviewed and
approved by Darcy Christian, P.Geo., CEO of Ashley, who is a Qualified Person as defined
by NI 43-101.
About Ashley Gold Corp.
Ashley Gold Corp. is focused on discovering world-class gold deposits through innovative
and efficient exploration. The Company holds 100% interest in the Burnthut Property (1.5%
NSR), Tabor Lake Lease (1.5% royalty), Howie Lake Project (0.5% royalty), Alto-Gardnar
Project (0.5% royalty), and Santa Maria Project (1.75% royalty), with an option to earn
100% of the Sakoose claims (1.5% NSR). Operating in mining-friendly jurisdictions, Ashley
is dedicated to creating long-term value for shareholders within the Eagle-Wabigoon-
Manitou Lakes Greenstone Belts.
For more information, visit: www.ashleygoldcorp.com.
Forward-Looking Statements
This news release includes certain “forward-looking statements” which are not comprised of
historical facts. Forward-looking statements are based on assumptions and address future
events and conditions, and by their very nature involve inherent risks and uncertainties.
Although these statements are based on currently available information, Ashley Gold Corp.
provides no assurance that actual results will meet management’s expectations. Factors
which cause results to differ materially are set out in the Company’s documents filed on
SEDAR+ (www.sedarplus.ca) (www.sedarplus.ca). Undue reliance should not be placed on
“forward-looking statements.”
Contact Information
On behalf of the Board of Directors,
Noah J. Komavli, President, Director
C: (647) 567-9840
X: KKomavli
-Or-
Darcy Christian, P.Geo, CEO
C: (587) 777-9072
Connect With Ashley:
www.ashleygoldcorp.com
X: https://x.com/AshleyGoldCorp
Forward-Looking Statements
This news release contains forward-looking statements, including expectations regarding
future exploration programs, assay results, and mineralization potential. These statements
are based on current assumptions and are subject to risks and uncertainties that could
cause actual results to differ materially. Ashley Gold Corp. does not undertake to update
forward-looking statements unless required by applicable securities laws.