Ashley Gold Corp. Provides Interim IP Data, 1km Resistive Trend Unveiled on the Tak Patents, Abutting NexGold Goliath-Gold Complex
FOR
IMMEDIATE
RELEASE
Ashley
Gold
Corp.
Provides
Interim
IP
Data,
1km
Resistive
Trend
Unveiled
on
the
Tak
Patents,
Abutting
NexGold
Goliath-Gold
Complex
CALGARY,
ALBERTA
-
March
14,
2026
-
Ashley
Gold
Corp.
(CSE:
“ASHL”)
(“
Ashley
”
or
the
“
Company
”)
is
pleased
to
announce
the
completion
of
the
IP
survey,
receipt
of
interim
data
and
the
engagement
of
Perron
Contracting.
Highlights
:
-
19.5km
of
IP
lines
at
50m
spacings
completed
over
the
main
zone
-
Interim
data
received
and
highlights
possible
extent
of
porphyry
body
-
IP
highlights
a
1
km
resistive
trend
on
surface,
with
moderate
coinciding
chargeability
-
Perron
Contracting
engaged
for
pad
clearing
and
drill
road
work,
a
local
100%
owned
Indigenous
business
President
Noah
Komavli;
“The
acquisition
of
this
data
will
allow
for
efficient
drill
targeting
with
minimal
trenching.
So
far,
we
are
encouraged
by
what
we
see.
The
most
important
early
indicators
are
the
characteristics
of
moderate
chargeability
and
coinciding
high
resistivity
in
areas
of
historic
drilling.
This
resistive
body
showcases
wide
and
consistent
responses
in
the
interim
2d,
surface
level
model.
We
await
the
full,
processed
dataset.
Our
focus
will
be
historic
confirmations
and
step
outs
along
the
main
trend,
guided
by
the
interim
2D
data.
The
next
drill
program
will
follow-up
using
the
inverted
3D
model.
We
are
also
excited
to
announce
a
work
program
with
Perron
Contracting,
a
local
firm
that
is
100%
owned
by
Indigenous.
Perron
is
an
industry
leader
in
remote
work
and
we
look
forward
to
a
mutually
beneficial
relationship.”
Project
Overview:
Burnthut
&
Tak
Patents
The
Company
holds
a
100%
stake
in
the
Burnthut
Project,
which
is
composed
of
83
mining
claims,
6
patents
and
1
mining
license
of
occupation
for
1,900
ha.
The
Burnthut
project
is
strategically
situated
against
the
north-east
of
the
Goliath-Gold
complex,
operated
by
Nexgold
Mining
Corp.
Recently,
Kenorland
Minerals
Ltd.
has
staked
against
the
Burnthut’s
southern
boundary.
The
Tak
patents
were
formerly
owned
and
worked
by
Lac
Minerals
(Barrick).
A
5%
NSR
with
a
2.5%
buyback
for
$1
million
is
held
by
Royal
Gold
Inc.,
limited
to
the
Tak
boundary.
The
Burnthut
main
block
has
no
outstanding
NSR’s,
which
includes
claims
along
strike
of
the
Tak
and
covering
the
Wedge
Occurrence.
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072| ashleygoldcorp.com
-
2
-
Figure
1:
IP
Survey
Extent
in
the
Tak
Patents
-
Burnthut
Property
Interim
2D
IP
Data
On
February
10th,
2026
the
Company
announced
the
engagement
of
Abitibi
Geophysics
for
the
deployment
of
their
3D
OreVision
system
over
Ashely’s
100%
owned
Tak
Patents.
On
February
16th,
2026,
the
crew
began
mobilization
to
site.
Line
cutting
preceded
the
installation
of
the
surficial
wires
required
for
the
readings.
On
March
10th,
2026,
the
crew
completed
the
line
readings,
with
de-mobilization
occurring
on
March
11th,
2026.
19.5km
of
production
lines
were
run,
with
the
Eastern
most
extent
of
the
Tak
Patents
being
excluded
from
reading.
This
area
will
be
the
target
of
a
future
reading
once
the
mining
claims
comprising
the
Burnthut
Project
are
brought
into
a
permitted
status,
avoiding
short
IP
lines
limited
to
the
Eastern
patent
boundary.
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
-
3
-
Figure
2:
Preliminary
Surficial
Resistivity
&
Historic
Drill
Holes
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
-
4
-
Figure
3:
Preliminary
Surficial
Resistivity
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
-
5
-
Figure
4:
Preliminary
Surficial
Chargeability
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
-
6
-
References
Property
MDI
Link:
https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI000000002119.html
Wedge
Zone
assays:
https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/a
ssessment/52G13NW2001/52G13NW2001.PdF
Triex
logs
(Tak-99
holes):
https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/a
ssessment/52G13NW2002/52G13NW2002.Pdf
Southern
Rio
logs
(Tak-02
holes):
https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/a
ssessment/52F16NE2006/52F16NE2006.Pdf
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,
Howie,
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
.
NI
43-101
Disclosure
The
interim
induced
polarization
(IP)
data
referenced
herein
is
preliminary
in
nature
and
represents
ongoing
exploration
activities.
This
data
has
been
reviewed
by
a
qualified
person
(as
defined
under
National
Instrument
43-101
-
Standards
of
Disclosure
for
Mineral
Projects
("NI
43-101")),
but
full
verification,
including
comprehensive
quality
assurance/quality
control
(QA/QC)
procedures,
sampling
protocols,
and
analytical
testing,
remains
incomplete.
Any
limitations
on
the
verification
process
include
the
interim
status
of
the
dataset,
potential
for
data
adjustments
upon
final
processing,
and
the
absence
of
complete
integration
with
other
geological
or
geophysical
information.
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
-
7
-
Readers
are
cautioned
that
this
preliminary
IP
data
is
conceptual
and
interpretive,
does
not
constitute
a
mineral
resource
or
reserve
estimate,
and
should
not
be
relied
upon
for
economic
evaluations
or
investment
decisions.
There
is
no
certainty
that
the
interim
findings
will
be
confirmed
or
lead
to
the
discovery
of
economically
viable
mineralization.
Further
exploration,
data
processing,
and
validation
are
required
to
assess
the
significance
of
these
results.
The
scientific
and
technical
information
pertaining
to
this
interim
IP
data
has
been
prepared
in
accordance
with
NI
43-101
and
reviewed
and
approved
by
Darcy
Christian,
P.Geo.,
a
Qualified
Person
under
NI
43-101.
Mr.
Christian
is
CEO
of
Ashley
Gold
Corp.
and
is
non-independent.
This
disclosure
may
contain
forward-looking
statements
regarding
future
exploration
plans
and
outcomes,
which
are
subject
to
risks
and
uncertainties,
including
but
not
limited
to
geological
interpretations,
market
conditions,
and
regulatory
changes.
Actual
results
may
differ
materially
from
those
anticipated.
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.
Grab
samples
are
selective
in
nature
and
may
not
represent
true
underlying
mineralization.
Contact
Information
On
behalf
of
the
Board
of
Directors,
Noah
J.
Komavli,
P.Eng,
President,
Director
C:
(647)
567-9840
E:
X:
KKomavli
-Or-
Darcy
Christian,
P.Geo,
CEO
C:
(587)
777-9072
E:
Connect
With
Ashley:
www.ashleygoldcorp.com
X:
https://x.com/AshleyGoldCorp
Forward-Looking
Statements
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
-
8
-
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.”
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com