Ashley GOLD Announces Resignation of George Stephenson

Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6

+1 587 777 9072| ashleygoldcorp.com

FOR IMMEDIATE RELEASE

CALGARY, ALBERTA

June 13, 2024

Ashley Gold announces resignation of George Stephenson

Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) announces the resignation of George

Stephenson from the Board of Directors effective June 12, 2024.

Darcy Christian, CEO of Ashley comments “I’d personally like to thank George for his work with Ashley over the

last few years. He has been instrumental in building an enviable portfolio of assets for Ashley. I wish him the best

in his future endeavors and hope to work with him again in the future.”

About Ashley Gold

Ashley Gold is focused on creating substantive, long-term value for its shareholders through the discovery and

development of world class gold deposits. Ashley has acquired, 100% of the Tabor Lake Lease subject to a 1.5%

royalty, 100% of the Santa Maria Project subject to a 1.75% royalty, 100% interest in the Howie Lake Project

subject to a 0.5% royalty, 100% interest in the Alto-Gardnar Project subject to a 0.5% royalty, 100% interest in the

Burnthut Property subject to a 1.5% NSR, and an option to earn 100% of the Sakoose claims subject to a 1.5% NSR.

In addition, Ashley has entered into an option agreement to earn 100% of the Sahara Uranium-Vanadium property

in Emery County, Utah subject to a 2% NSR.

Ashley Gold Corp. is an early-stage natural resource company engaged primarily in the acquisition, exploration,

and development of mineral projects. The Corporation’s objective is to conduct efficient and economical

exploration on its growing portfolio of high-quality gold projects as well as moving the Sahara Uranium-Vanadium

project towards near-term production.

The responsibility of this release lies with Mr. Darcy Christian, President and CEO • +1 (587) 777-9072 •

[email protected] , may be contacted for further information. www.ashleygoldcorp.com

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts

responsibility for the adequacy or accuracy of this release.

DISCLAIMER & 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. Undue

reliance should not be placed on “forward looking statements”.