Ashley Gold Corp. Expands Alto-Gardnar Exploration Program, Dryden, ON
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072| ashleygoldcorp.com
FOR IMMEDIATE RELEASE
Ashley Gold Corp. Expands Alto-Gardnar Exploration Program, Dryden, ON
CALGARY, ALBERTA - October 17, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the
“Company”) is pleased to announce that prospecting and channel cuts over the Alto-Gardnar system will
be expanded.
President Noah Komavli on the update;
“The team was active on the Howie Project viewing outcrops and structures on Tuesday.
On Wednesday, the team explored the ~350m strike of the exposed Alto -Gardnar system and began
channel cuts. 5m of cuts were completed so far and initial visual indicators seem positive.
Due to these visual factors, we will be expanding our campaign to ensure additional data is collected.
These samples will be deposited to ActLabs in Dryden at the end of the campaign, and when assays are
received, we will plot them over the Alto -Gardnar system with some georeferences to the imagery
provided.
I look forward to keeping our investors informed as we progress.”
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 1: Example Mineralization - Alto 2025 Sampling
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 2: Example Mineralization - Alto 2025 Sampling
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 3: Example Mineralization - Alto 2025 Sampling
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 4: One Channel Sampling Completed
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 5: Shannon Baird, Exploration Manager Inspecting Samples
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 6: North Exposure of the Alto-Gardnar System
Howie Project
The company wishes to make a correction to the prior press release, dated Tuesday October 14, 2025. In
Image 1, 87-SB-03 had an incorrect unit of measurement in the label of the historic drill hole, and should
have read “0.54 g/t Au over 10.41m”. All other figures and tables are accurate as presented.
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Figure 7: Corrected Howie Map
Project History - Alto Project
1937:
Gold discovered at Alto-Gardner by l.W. Alto and W. Gardnar (Berger, 1989).
1940:
Sandybeach Lake Syndicate; stripping, trenching, bulk sampling, including 125-ton bulk sample from an
open cut with a reported grade of 0.231 ounces per ton (opt) . In 1943, Satterly (in Berger, op.cit.)
reported the bulk sample ran 0.081 opt, although the discrepancy between the two values is unresolved.
1982:
Ground restaked by K. and M. Bernier, who cut a grid and conducted a ground VLF survey, in addition
to resampling historic trenches. (in Berger, op.cit.)