Ashley Gold Corp. Discovers High Grade Gold in the Northern Trench Zone, Grabs Highs of 398 g/t Au and 158 g/t Au in First Pass Prospecting, Receives Finalized IP Report, Completes Additional High Priority Prospecting on the Tak
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072| ashleygoldcorp.com
FOR IMMEDIATE RELEASE
Ashley Gold Corp. Discovers High Grade Gold in the Northern Trench Zone, Grabs
Highs of 398 g/t Au and 158 g/t Au in First Pass Prospecting, Receives Finalized IP
Report, Completes Additional High Priority Prospecting on the Tak, Abutting the
Goliath-Gold Complex, Dryden Area
CALGARY, ALBERTA - June 25, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the
“Company”) is pleased to provide a comprehensive update in regards to ongoing activities.
Highlights:
- 31 grab samples from initial prospecting received, the Northern Trench Zone (“NTZ”) returns
highest assay in Tak history and Company history,
- Received completed IP report - highlighting a secondary resistive trend extending east into the
Wedge Zone, mining claims held by Ashley Gold with 0% NSR.
- Active prospecting North West of the 67Z completed, 39 new samples pending.
Figure 1: Regional Map and Area of Activity
President Noah Komavli on the 398 g/t Au grab sample:
”The Northern Trench Zone is an area with no historic drilling, yet was subject to deep, long trenches
being dug by the old timers. These trenches pre-date the work by prior operators, including Cominco
and Triex. Since no work was done in proximity to the slumped in trenches, all past operators have
failed to recognize potential that the old timers likely discovered. On this line, the IP report highlights a
strong gold index coinciding with a very strong chargeability response. So far, resistive rock has been
the target of our exploration drilling. Phase 3 drilling will prioritize step outs and one or more NTZ
holes, as previously disclosed.”
CEO Darcy Christian on the IP report:
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
“The finalized IP report highlights trends continuing into both flanks of the Tak Patents. In the east, this
extends onto Ashley’s mining claims, into the historically worked trenches known as the Wedge Zone.
As well, multiple zones trend West into the NexGold, Goliath-Gold Complex mining claims. We have
yet to drill in the areas recommended in the IP report, with our Phase 1 and Phase 2 programs active
around lines 500 and 250, respectively. With significant gold results already returned in D99Z, we look
forward to submitting the recent core from the 67Z.”
Table 1: Grab Sample Assay Results
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 2: 67Z Phase 2 Drilling and NTZ Proposed Phase 3 Drilling (Area of Grab Samples)
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 3: Grab Sample Map
NTZ Sample Pictures
The sample imagery was provided in an update issued by the Company on June 3, 2026.
Exploration around the Northern Trench Zone (“NTZ”) has revealed compelling features, with
interesting example mineralization - including a brecciated quartz vein carrying sulphides.
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 4: Sample 340170 - Assaying 43.9 g/t Au
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 5: 340171 - Assaying 9.180 g/t Au - Brecciated Quartz Vein
Figure 6: Prospector Will Kuran, Sampling the NTZ
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 7: Samples from the Brecciated Quartz Vein (NTZ)
Figure 8: 340168 - Assaying 1.310 g/t Au - Wall Rock of NTZ, from Trench of High Grade Grabs
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 9: 340165 - Assaying 0.247 g/t Au - Wall Rock of the NTZ
IP Report