Ashley Gold Corp. Completes Maiden Howie Drill Program
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072| ashleygoldcorp.com
FOR IMMEDIATE RELEASE
Ashley Gold Corp. Completes Maiden Howie Drill Program
CALGARY, ALBERTA - Dec 17, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the
“Company”) announces that it has completed its maiden Howie drill program, located south east of
Dryden, ON. Rodren Drilling Ltd. has concluded drilling as of Saturday, December 13th, 2025, with
demobilization to Winnipeg completed. Core logging has commenced in Winnipeg as of December 16th,
2025.
Highlights:
- 4 holes deployed in target area from 3 pads (559m); and,
- Hole 5 scrapped as meterage target hit and on results from hole 4, preserving capital; and,
- Significant deformation zones encountered with varying degrees of carbonate alteration, quartz
veining and sulphide mineralization; and,
- Quartz, carbonate and fuchsite are common metasomatic assemblage observed in orogenic gold
systems; and,
- New deformation zone in the Gap Zone that was previously unidentified due to lack of surface
expression.
President Noah Komavli on the maiden drilling;
“The program was a success in terms of execution as well as data collection, coming in on time and on
budget. We want to thank Rodren Drilling Ltd. for their expertise in this area.
This scout drilling provides missing pieces in the exploration puzzle. HL-25-01 and HL-25-02
intercepted different lithologies 50 meters apart. These structures are undocumented on the property,
and this target area has never been drilled.
HL-25-01 @ 38 m intercepted the Howie Zone. This zone is host to strongly silicified rocks with heavy
pyrite mineralization in places along with varying degrees of fuchsite.
Further down hole @ 68 m, a narrow deformation zone containing tightly spaced, well mineralized grey
quartz stringers was intersected.
The remainder of the hole is in a light grey quartz porphyry carrying disseminated pyrite.
HL-25-02 was pushed deeper as it intercepted varying degrees of deformation over substantial widths.
Strong carbonate alteration along with quartz flooding and tightly spaced quartz stringers are prevalent
in the deformation zone. Varying degrees of fuchsite was noted. The hole terminated at 113m instead of
90m.
HL-25-03 ended in mineralization but was stopped to preserve meterage towards the Twilight Zone.
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
At the bottom of the hole a prevalent deformation zone displaying strong carbonate alteration along
with tightly spaced quartz stringers was intersected. Quartz stringers in this hole are mineralized with
fine to coarse visible sulphides. This zone would be an apparent continuation of the mineralization seen
in HL-25-01 and HL-25-02 at depth.
HL-25-04 gave additional data, the Twilight structure dips very shallowly, less so than thought at
surface. This hole failed to intercept the mineralization seen on the surface as the Twilight Zone is now
interpreted to dip shallowly to the south east.
These results will be accumulated into a structural model and more detailed notes will be confirmed
in the core logging.
Our focus will now move North for additional planning on the Burnthut Project and the Alto-Gardnar,
for our fully funded drill program, expected to commence in early 2026, pending permit.”
HL-25-01:
Image 1: New zone at 68m, grey quartz, visible sulphides in clots along fractures
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Image 2: Silicified gabbro with pyrite mineralization and fuchsite alteration
HL-25-02:
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Image 3: Quartz flooded gabbro at hole termination (~60m true vertical)
HL-25-03:
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Image 4: Example carbonate alteration in deformation zone
Drilling at the Gap Zone has encountered a hidden deformation zone hosting areas of pervasive
carbonate alteration, quartz flooded sections, with some in the form of tightly spaced mineralized quartz
stringers.
This wide deformation zone, which is up to 20 m in core width, is located under overburden and has no
visible surface expression exposure.
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Image 5: Quartz stringers with visible pyrite clots
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Image 6: Example mineralization intercepted at HL-25-03 target depth
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Image 7: Example mineralization on face
Project History - Howie Property
May 1987:
Esso Minerals conducts a two year program on Howie (known as Snake Bay). Historic drilling logs from
1987 detail wide zones of mineralization. Assays redacted. Data Link
November 2022:
Initial surface prospecting and sampling at Main Katisha Shear Zone yielded assay results up to 52.80
g/t Au, validating the zone’s gold potential*. News Link
January 2023:
Planned high-resolution drone magnetics survey to target deeper mineralized zones, inspired by Dynasty
Gold’s Thundercloud Project results. News Link
April 2024:
Secured exploration permit and Ontario Junior Exploration Program funding, enabling advanced
geophysical surveys and sampling. Junior Mining Network, April 2, 2024
October 2024:
Completed induced polarization (IP) survey over 2 km of lines to define 2025 drill targets for subsurface
mineralization. News Link
March 2025: