Ashley Gold Corp. Concludes Recent Ontario Prospecting Activities, Completes Acceleration Clauses for 100% Sakoose Ownership,Begins Twilight Zone Core Cutting in Kenora, ON
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072| ashleygoldcorp.com
FOR IMMEDIATE RELEASE
CALGARY, ALBERTA
September 16, 2025
Ashley Gold Corp. Concludes Recent Ontario Prospecting Activities,
Completes Acceleration Clauses for 100% Sakoose Ownership,
Begins Twilight Zone Core Cutting in Kenora, ON
Calgary, Alberta - September 16, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the
“Company”) is pleased to announce that it has concluded a week -long prospecting over select areas on
the Tabor-Sakoose and Howie Projects, located in the Eagle -Wabigoon greenstone belt. The Company
has kicked off core cutting of the historic Twilight Zone core.
Highlights:
- Twilight Zone core cutting commencing (1987 core from Esso Minerals)
- 11 additional grab samples submitted for assays
- Concludes Sakoose accelerated ownership
Noah Komavli, President of Ashley Gold Corp, commented after concluding the field visit and core cutting
program “ Upon visiting two of our project sites and assisting in the field, it has broadened my
understanding of the company’s properties. I am pleased with the quality of work completed thus far and
have a new -found appreciation of the scale of these properties. W ith time spent on Tabor -Sakoose,
particularly on the Santa -Maria and HW 486 showing on the Sakoose East, the realization of the
greenfield nature of the claims outside of the past producing mine sites hits home.
At Howie we visited known mineralized areas (Katisha, Howie, Twilight) which go hand -in-hand with
anomalies from the induced polarization survey. This area is a small fragment of the overall property and
shows promise.
Both sites are road accessible via maintained and recently refurbished logging roads.
With Twilight Zone core cutting now commencing, we will look at validating our thesis of a near-surface,
bulk tonnage target”.
Twilight Zone Core Cutting
As previously disclosed, the Company is pleased to confirm that core cutting has now officially begun,
on schedule. See prior release dated September 9, 2025 for visuals of the historic core.
- 2 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Prospecting and Project Updates
Members of the executive team and field team were active across two project sites during the second week
of September, 2025. A total of 11 grab samples are now pending from prospecting and sampling over
various areas.
Tabor-Sakoose - Lee Lake Southeast & Santa-Maria Area
The Lee Lake Southeast occurrence is located in a recently clear cut area, with freshly refurbished logging
roads. It is situated just 800m northeast of the wide, northwest-trending Kawashegamuk Lake shear zone,
and occurs at the eastern margin of an extensive area of intense carbonate alteration [1]. Past small-scale
mining occurred in an open cut within an approximately 20m wide shear zone. Additional quartz veins
were observed along the shear. This target is yet to be drilled and has not been the subject of geophysical
studies.
Figure 1: Project Manager Will Kuran and CEO Darcy Christian planning Lee Lake Occurrence Entry
The Santa-Maria 1 pit is located just North-West of the Lee-Lake occurrence along the same logging road.
Host rock outcrops on either side of the logging road. The Santa-Maria pit was visited, and is mostly filled
or caved in, with two visible quartz veins running into the east side wall. A 12 inch wide quartz vein was
sampled, with trace galena observed in clusters, as well as trace chalcopyrite and pyrite.
- 3 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 2: CEO Darcy Christian in the Santa Maria 1 pit - quartz vein (left)
- 4 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 3: CEO (left) and President (right) bagging a Santa Maria quartz sample, on edge of the pit
Tabor-Sakoose - HW 486 Showing
The HW 486 Showing is located in Sakoose East, close to a regional batholith. This occurrence was blasted
in the past, with float rock observed. The team removed moss cover from the rock face to expose
mineralization. The host rock is characterized by a ma gnetic silicified metavolcanic, with trace
disseminated sulphides observed. Two blue-grey quartz boudins were observed on the exposed face, with
trace amounts of pyrite and marcasite.
- 5 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 4: HW 486 showing exposed and sampled
Sakoose
As disclosed in a press release dated September 9, 2025, the terms of the accelerated ownership have
been fulfilled. Claims will now be transferred to Ashley Gold Corp. for 100% ownership.
- 6 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 5: Sakoose open cut, facing east, viewed during site visit
References
[1] https://www.geologyontario.mines.gov.on.ca/mineral-inventory/MDI52F08NW00012
NI 43-101 Disclosure
The technical information in this news release was prepared and/or reviewed by Darcy Christian, CEO,
P.Geo., a Qualified Person as defined in National Instrument 43 -101. Mr. Christian is registered as a
Professional Geoscientist with Engineers Geoscientists of Alberta.
Some results discussed in this document are historical. Ashley nor the qualified person have performed
sufficient work or data verification of the historical data. Although the historical results may not be
reliable, the Company nevertheless believes that they provide an indication of the Project's potential and
are relevant for any future exploration program.
- 7 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Management cautions that grab samples are selective in nature, and the assay results may not necessarily
represent true underlying mineralization.
ABOUT ASHLEY GOLD CORP.
Ashley Gold Corp. is a Canadian mineral exploration company focussed on acquiring and developing
highly prospective gold and polymetallic deposits in Canada’s top mining regions. The Company’s
flagship assets are in the Dryden Area in Ontario with a 100% ownership in Burnthut, Tabor, Howie, Alto-
Gardnar and Sakoose claims as well as in British Columbia with the Icefield Portfolio having three highly
prospective claim packages.
For more information, please refer to the Company’s information available on SEDAR+
(www.sedarplus.ca), or visit us at www.ashleygoldcorp.com.
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 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 u ncertainties. 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.”