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ASHL.CN ·

Ashley Gold Corp. Provides Core Visuals from Ongoing Drill Campaign, TAK-26-01

Drill Results

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

+1 587 777 9072| ashleygoldcorp.com

FOR IMMEDIATE RELEASE

Ashley Gold Corp. Provides Core Visuals from Ongoing Drill Campaign, TAK-26-

01

CALGARY, ALBERTA - April 14, 2026 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the

“Company”) is pleased to share visuals from its first diamond drillhole on the Tak Patents, initiating the

ongoing, fully funded drill program in the Dryden Area of Northwestern Ontario.

Figure 1: Regional Map and Area of Activity

Highlights:

- Core logging and cutting to commence shortly,

- TAK-26-01 reached 100% of the target depth.

President Noah Komavli; “I’m impressed with the visual results I see in the core of our first hole which

shows strong silicification, quartz carbonate veins, disseminated, cubic, and stringer form pyrite

throughout considerable core length - starting at surface. The drill is now in position on the second pad

and casing has been inserted for TAK-26-02.”

TAK-26-01

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

+1 587 777 9072 | ashleygoldcorp.com

TAK-26-01 was a step out twin of TAK-99-10, designed to validate and undercut the historic hole.

Importantly, this hole, as well as the first few holes following, were designed to confirm historical

mineralization and aim to validate the dip of the mineralized stockwork corridors, while simultaneously

testing beyond the known limits of the system at depth.

Figure 2: Hydrothermal Pyrite and Quartz Stringers in Feldspar Porphyry

Figure 3: TAK-26-01 (0 - 18m), Strong Silicification Alteration and Quartz Veining

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

+1 587 777 9072 | ashleygoldcorp.com

Figure 4: Example Mineralization - Hydrothermal Pyrite Globules

Figure 5: Example Mineralization – Altered Pyrite in Silicified QFP

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

+1 587 777 9072 | ashleygoldcorp.com

Figure 6: Altered Cubic Pyrite Observed with Possible Chlorite-Carbonate

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

+1 587 777 9072 | ashleygoldcorp.com

Figure 7: Strongly Mineralized Quartz Carbonate Vein

References

Property MDI Link:

https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI000000002119.htm

l

Wedge Zone assays: https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-

geology-documents/assessment/52G13NW2001/52G13NW2001.PdF

Triex logs (Tak-99 holes):

https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-

documents/assessment/52G13NW2002/52G13NW2002.Pdf

Southern Rio logs (Tak-02 holes):

https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-

documents/assessment/52F16NE2006/52F16NE2006.Pdf

NI 43-101 Disclosure

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

+1 587 777 9072 | ashleygoldcorp.com

The technical information in this news release was reviewed and approved by Shannon Baird, P.Geo., a

Qualified Person as defined in National Instrument 43-101. Mr. Baird is Exploration Manager of Ashley

Gold Corp. and registered as a Professional Geoscientist with the Professional Geoscientists of Ontario

as well as the Engineers and Geoscientists of British Columbia.

*Management cautions that close-up core visuals are selective in nature to begin with and is not

representative of the hole in its entirety or be indicative of any grade overall. Samples have not been

submitted and therefore, assay results are pending and that visual identification of minerals does not

guarantee economic grades. These are preliminary visual observations awaiting laboratory confirmation.

ABOUT ASHLEY GOLD CORP.

Ashley Gold Corp. is a Canadian mineral exploration company focused 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 Santa-Maria, Burnthut

(including the Tak Patents), Howie, and Alto-Gardnar claims as well as in British Columbia with the

Icefield Portfolio having two 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, P.Eng, President, Director

C: (647) 567-9840

E: [email protected]

X: KKomavli

-Or-

Darcy Christian, P.Geo, CEO

C: (587) 777-9072

E: [email protected]

Connect With Ashley:

www.ashleygoldcorp.com

X: https://x.com/AshleyGoldCorp

Forward-Looking Statements

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

+1 587 777 9072 | ashleygoldcorp.com

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+ (www.sedarplus.ca) (www.sedarplus.ca). Undue reliance

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