Ashley Gold Corp. Reports High-Grade Gold, Silver, and Copper Results from Gold Mountain, BC
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072| ashleygoldcorp.com
FOR IMMEDIATE RELEASE
Ashley Gold Corp. Reports High-Grade Gold, Silver, and Copper Results from
Gold Mountain, BC
CALGARY, ALBERTA - October 30, 2025 - Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the
“Company”) is pleased to announce that it has received and compiled assay data for its ground geological
sampling program, previously announced September 11, 2025.
Highlights:
• Confirmed the historically identified northwest -trending high -grade corridor, extending over
approximately 1.2 km at surface.
• Peak assays of 6.61 g/t Au (GM25 -FS006), 204 g/t Ag (GM25 -FS005), and 2.06 % Cu (GM25 -
FS006) returned from outcrop grab samples.
• Antimony (Sb) values up to 0.17 % associated with high-grade zones.
• 15 outcrop grab samples collected for assay and analysis
President Noah Komavli on the assays;
“Gold Mountain continues to demonstrate early hallmarks of grade and scale at surface, necessitating the
next steps of diamond drilling.
These results continue to demonstrate that Ashley Gold Corp. has consolidated a significant portfolio of
high potential projects that will contribute to our mission of discovering the next gold resource in Canada.
As we look at next steps, the Notice of Work for Gold Mountain diamond drilling has already been
submitted, and we will now advance permitting on the sister property, Vertebrae Ridge, which hosts an
approximate 4 km long trend of high-grade copper and silver at surface, as well as anomalous gold.
We look forward to further updates out of these high -grade properties and will shift focus over the late
fall and winter to our drilling plans in Dryden, Ontario.
As previously disclosed, several assays still remain outstanding; including Howie multi -element channel
results as well as the Alto-Gardnar channel sampling results.”
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
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Figure 1: Gold Mountain Results
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Units g/t g/t % % % %
Element Au Ag Cu Zn Pb Sb
GM25-FS006 6.61 126 2.06 0.40 4.29 0.15
GM25-FS010 6.46 194 2.02 0.13 2.59 0.02
GM25-FS005 2.79 204 1.45 0.25 4.01 0.17
GM25-FS007 0.59 183 0.33 0.02 3.70 0.03
GM25-FS004 0.06 72.3 0.13 0.04 0.01 0.004
Table 1: Significant Assay Table
Results
The 2025 helicopter-supported ground program was completed over two field days, with crews mobilized
from Golden, BC. The program was successful in confirming the historically identified northwest-trending
corridor of elevated gold, silver, and copper mineralization, with no significant results returned outside of
the main trend.
The North showing returned the highest gold grades from the 2025 exploration program, highlighted by
6.61 g/t Au and 2.06% Cu (GM25-FS006) and 6.46 g/t Au and 194 g/t Ag (GM25-FS010). Sample GM25-
FS005 yielded the highest silver result at 204 g/t Ag, accompanied by 1.45% Cu and 4.01% Pb.
Additional trace elements of interest, such as antimony, were also encountered, with values of 0.15% and
0.17% Sb returned from samples GM25-FS006 and GM25-FS005, respectively. These results may serve
as potential pathfinders for further mineralization during future exploration efforts.
The Gold Mountain Property remains in the permitting stage, with diamond drilling representing the next
phase of exploration, aimed at testing mineralization at depth and driving near-term value creation.
About Gold Mountain
Gold Mountain is an early staged gold-silver project, located about 50 km northwest of Golden, British
Columbia. The project consists of four claims covering approximately 1,863 ha. Highlights include:
▪ North Showing: Grab sample returned 4.87 g/t Au, 710 g/t Ag, and 1.89% Cu (Allen, 1982)
▪ South Showing: Peak values of 30.3 g/t Au, 13,301 g/t Ag, and 32.54% Cu (Allen, 1982)
o 1984 Drilling (Parr, 1984): Notable intervals include:
▪ 4.14 m - 57.62 g/t Au, 7,349.5 g/t Ag, 16.5% Cu, and 8.74% Pb (Drillhole A)
▪ 4.85 m - 29.99 g/t Au, 6,711.3 g/t Ag, 11.0% Cu, and 14.53% Pb (Drillhole B)
o 2020-2021 Exploration: A Ag-Au-Pb-Zn-Cu-Sb mineralized system at Gold Mountain
identified (see January 13, 2021 and January 4, 2022 news releases)
▪ Five samples returning 1,000 to 6,670 g/t Ag
▪ Eight samples returning 1,260 to 8,220 ppm Sb
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
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The Property’s mineral -rich history dates back to the 1930s and includes impressive showings of gold,
silver, copper, and lead within a trend that spans over 600 meters. Past work has revealed high -grade
values across two primary showings, North and South, which are separated by approximately 450 meters
of talus – a zone where mineralized boulders suggest continuity of mineralization between the two
showings.
The South Showing covers an area of 160 by 50 meters and features five vein exposures in multiple
trenches, where high-grade mineralization has previously been sampled, including values up to 30.31 g/t
Au, 13,301 g/t Ag and 32.54% Cu (Allen, 1982). These veins trend toward the North Showing, which
has been partially exposed by a shallow open cut and an old adit. Exploration during 1982 at the North
Showing, near the adit, identified a 1 m wide quartz vein, which returned a grab sample of 4.87 g/t A u,
710 g/t Ag and 1.89% Cu indicating a rich polymetallic presence (Allen, 1982). Together, these showings
form a mineralized corridor that remains open at both ends.
Eight shallow backpack style drill holes were completed in 1984 (Parr, 1984), though poor recoveries
were noted, results include:
• 4.14 m – 57.62 g/t Au, 7,349.5 g/t Ag, 16.5% Cu, and 8.74% Pb
• 4.85 m – 29.99 g/t Au, 6,711.3 g/t Ag, 11% Cu, and 14.53% Pb
Samples collected in 2020 and 2021 confirmed the high-grade mineralization at both the North and South
Showings, with five samples returning from 1,000 to 6,670 g/t Ag, and eight samples returning from 1,260
to 8,220 ppm Sb (January 13, 2021 and January 4, 2022 news releases).
Recent claim additions opened a path for expanded exploration aimed at uncovering the full extent of
mineralization along this trend.
QA/QC Disclosure
All samples were collected in the field using a hammer and chisel. Locations were obtained using a
handheld GPS or tablet with samples placed in pre -labelled sample bags. Flagging tape with sample
numbers were left at each sample location. Samples were sec urely transported by field staff to AGAT
Laboratories in Calgary, Ab in for standard sample preparation which includes drying, crush to 75%
passing 2mm, riffle split 250 g, and pulverize 85% passing 75 microns. Samples were analyzed by multi-
element by 4-acid digestion with ICP-OES finish (Method 201070) and gold by 30 g fire assay with AA
finish (Method 202051); over-limits were re-assayed using appropriate high-grade protocols.
A Quality Assurance/Quality Control protocol was incorporated into the rock sampling program and
included the insertion of two quartz blanks representing approximately 11% of submitted samples.
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
Management cautions that surface rock grab samples and associated assays, as discussed herein, are
selective by nature and represent a point location, and therefore may not necessarily be fully representative
of the mineralized horizon sampled.
NI 43-101 Disclosure
The technical information in this news release was prepared and/or reviewed by Nathan Schmidt., P.Geo.,
a Qualified Person as defined in National Instrument 43-101. Mr. Schmidt is registered as a Professional
Geoscientist with Engineers Geoscientists of Br itish Columbia (#48336) and an employee of Dahrouge
Geological Consulting Ltd. (Permit to Practice #1003035).
Some results discussed in this document are historical. Ashley Gold Corp. nor the qualified person have
performed sufficient work or data verification of the historical data. Historical Ag and Au results from
Gold Mountain were presented in original docume ntation as troy oz/short ton and were converted to g/t
using conversion of 34.28. 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.
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 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.
Contact Information
On behalf of the Board of Directors,
Noah J. Komavli, P.Eng, President, Director
C: (647) 567-9840
X: KKomavli
-Or-
Darcy Christian, P.Geo, CEO
C: (587) 777-9072
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Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
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.”