Ashley Gold Corp. Year in Review: 2025 – A Year of Expansion, High-Grade Discoveries, and Strategic Advancements
FOR
IMMEDIATE
RELEASE
Ashley
Gold
Corp.
Year
in
Review:
2025
–
A
Year
of
Expansion,
High-Grade
Discoveries,
and
Strategic
Advancements
CALGARY,
ALBERTA
-
December
22,
2025
-
Ashley
Gold
Corp.
(CSE:
“ASHL”)
(“Ashley”
or
the
“Company”)
a
dynamic
Canadian
mineral
exploration
company
targeting
high-potential
gold
and
polymetallic
assets
in
established
mining
districts,
today
issues
its
2025
Year
in
Review.
This
year
marked
significant
progress
in
exploration,
financing,
and
portfolio
optimization
amid
robust
gold
market
conditions.
Highlights
included
multiple
high-grade
assay
results,
successful
drill
programs,
strategic
acquisitions
and
a
divestment,
as
well
as
key
leadership
additions.
These
milestones
have
strengthened
Ashley's
position
for
continued
growth
and
value
creation.
"
2025
was
a
pivotal
year
for
Ashley
Gold
Corp.,
characterized
by
aggressive
exploration
across
our
Ontario
and
British
Columbia
projects,
delivering
exciting
high-grade
results
and
setting
the
stage
for
advanced
exploration
development,
"
said
Darcy
Christian,
CEO
of
Ashley
Gold
Corp.
"
With
strengthening
sector
interest,
strategic
land
positions,
and
a
focused,
dedicated
team,
we've
advanced
our
assets
toward
drill-ready
status.
Strong
shareholder
support
and
operational
achievements
are
positioning
us
for
a
breakthrough
2026.
"
President
Noah
Komavli
on
the
year
end
;
“It
was
a
pleasure
to
join
the
team
in
2025
and
drive
value
amidst
the
strong
backdrop
of
the
gold
market.
With
Howie
core
assays
pending
and
our
focus
on
carrying
forward
momentum
into
2026,
we
will
continue
to
evaluate
best
options
for
value
creation.
I
think
that
the
company
has
found
its
footing
and
the
New
Year
will
mark
an
important
pivot,
from
relative
greenfield,
to
advanced
targeting.
We
will
continue
to
keep
promises
to
our
investors,
building
further
trust
with
results
and
discipline.
I
wish
our
shareholders
and
stakeholders
a
Merry
Christmas
and
a
peaceful
holiday
season.”
2025
by
the
Numbers:
1)
$947,751.51
dollars
raised
in
2025
2)
75%
increase
in
share
price
(4
cents
Jan
4,
to
7
cents
Dec
19,
2025,
with
a
yearly
high
of
11
cents)
3)
42
press
releases,
keeping
shareholders
up
to
date
with
meaningful
news
4)
8
ground
programs
(including
3
channel
sampling
programs)
5)
4
claim
expansions
(Burnthut
Strike,
Burnthut
North,
2
Howie
claims,
Brockman),
1
property
acquisition
(Icefield),
1
property
divestment
(Tabor/Sakoose/Brockman)
6)
2
drill
programs
7)
2
directors
added
to
the
Board;
a)
Noah
Komavli,
P.Eng
b)
Chris
Wolfenberg
8)
1
advisor
appointment;
a)
Jody
Dahrouge,
P.Geo
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072| ashleygoldcorp.com
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2
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9)
Max
value
returned;
a)
Alto-Gardnar
channel
sampling;
130
g/t
Au
from
1.0
m
2026
Outlook:
1)
Completion
of
permitting
across
Dryden
area
portfolio
2)
Modern
IP
surveys
to
compliment
surface
work
3)
Continue
to
evaluate
portfolio
for
best
properties
for
discovery
and
overall
resource
potential
4)
Further
drilling
in
Q1
5)
MOU’s
with
key
regional
stakeholders
Image
1:
Darcy
(left)
and
Noah
(right)
bagging
a
sample
from
the
Santa
Maria
1
pit
during
September
2025
field
prospecting
Key
Highlights
from
2025
Q1:
Strategic
Planning,
Drilling
Mobilization,
and
Portfolio
Enhancements
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
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The
year
began
with
a
rapid
execution
on
drill
plans.
On
January
16,
2025
,
Ashley
summarized
2024
accomplishments,
including
high-grade
surface
samples,
and
outlined
2025
objectives,
emphasizing
maiden
drilling
at
Burnthut
and
Howie.
In
February,
focus
shifted
to
the
Burnthut
Project.
On
February
3,
2025
,
the
Company
executed
a
drilling
contract,
with
operations
commencing
February
28,
2025.
March
brought
land
expansions
and
deals.
On
March
18,
2025
,
Ashley
expanded
its
land
position
at
Burnthut
following
positive
initial
drilling
indicators
showing
broad
mineralization.
On
March
20,
2025
,
the
Company
entered
a
purchase
agreement
for
the
acquisition
of
the
Icefield
Project,
expanding
its
gold
focused
portfolio
into
polymetallic
systems.
Q2:
Consolidations,
Leadership
Additions,
and
Assay
Confirmations
April
featured
further
consolidations
and
funding.
On
April
1,
2025
,
Ashley
further
consolidated
the
Burnthut
Project
post-drilling,
with
assays
pending.
On
April
8,
2025
,
the
Company
announced
a
$175,000
financing.
This
was
followed
by
April
17,
2025
,
when
Ashley
closed
an
oversubscribed
unit
private
placement
and
completed
the
Icefield
acquisition.
May
delivered
strong
exploration
results.
On
May
6,
2025
,
assays
confirmed
surface
mineralization
at
depth,
with
over
65
meters
of
gold-mineralization
at
a
newly
discovered
stock
work
zone
at
Burnthut.
Leadership
was
bolstered
on
May
13,
2025
,
with
the
appointment
of
Noah
Komavli
as
President
and
Director.
On
May
26,
2025
,
mechanized
stripping
and
channel
sampling
at
Howie
yielded
up
to
20.2
g/t
Au
over
0.8m,
confirming
significant
potential
at
surface.
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
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June
emphasized
advisory
expertise
and
district-scale
growth.
On
June
2,
2025
,
Jody
Dahrouge,
P.Geo,
joined
the
Advisory
Board.
On
June
17,
2025
,
Ashley
further
consolidated
Tabor
and
Sakoose
properties
while
providing
an
exploration
update
on
ongoing
programs.
Q3:
Financing
Success,
Assay
Results,
and
Fall
Program
Updates
July
saw
financing
and
additional
high-grade
finds.
On
July
9,
2025
,
assays
from
Burnthut
delineated
a
wide
gold-bearing
corridor,
with
samples
up
to
0.72
g/t
Au.
On
July
11,
2025
,
the
recent
100%
acquisition
at
Brockman
returned
high-grade
samples
up
to
28.9
g/t
Au.
Financing
was
announced
on
July
14,
2025
,
for
up
to
$275,000
in
flow-through
and
non-flow-through
shares.
On
July
29,
2025
,
the
first
tranche
closed,
funding
Phase
1
work
with
field
crews
mobilized
to
the
Howie
project.
August
capped
summer
activities
with
funding
closure.
On
August
28,
2025
,
Ashley
announced
the
close
of
an
oversubscribed
placement,
fully
funding
Phase
2
exploration.
September
provided
comprehensive
updates.
On
September
3,
2025
,
the
Company
shared
a
fall
exploration
update
for
Ontario,
highlighting
channel
sampling
completion,
pending
assays,
and
discovery
of
1987
Howie
drill
core.
On
September
9,
2025
,
Twilight
Zone
core
visuals
were
shared,
with
updates
on
the
Ontario
portfolio,
including
100%
ownership
acquisition
of
Sakoose.
On
September
11,
2025
,
a
British
Columbia
fall
update
detailed
advancements
in
high-grade
polymetallic
assets
and
engagement
of
Dahrouge
Geological
Consulting
Ltd.
for
an
exploration
program.
Channel
results
on
September
22,
2025
confirmed
a
broad
low-grade
gold
zone
at
Howie
on
the
Twilight
Zone,
with
historic
core
submitted
for
assay.
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
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Q4:
Prospecting
Results,
Expansions,
High-Grade
Assays,
and
Winter
Drill
Preparations
October
was
active
with
further
prospecting
and
portfolio
optimization.
On
October
7,
2025
,
ground
prospecting
results
from
Santa
Maria
and
Howie
projects
were
announced,
building
on
historic
data.
On
October
10,
2025
,
re-mobilization
occurred
for
further
ground
work
at
Howie
and
Alto.
Historic
core
assay
results
on
October
14,
2025
from
Howie
returned
0.33
g/t
Au
over
25.74
m.
On
October
17,
2025
,
the
Alto-Gardnar
exploration
program
was
expanded
in
Dryden
after
visible
gold
was
encountered.
On
October
20,
2025
,
the
majority
of
the
Tabor-Sakoose
package
was
optioned
for
up
to
$375,000,
with
an
update
provided.
High-grade
results
from
Gold
Mountain,
BC,
on
October
30,
2025
included
gold,
silver,
and
copper
grabs.
November
focused
on
leadership,
assays,
and
financing
for
drilling.
On
November
4,
2025
,
Chris
Wolfenberg
was
named
to
the
Board
of
Directors.
Channel
assays
on
November
10,
2025
at
Alto-Gardnar
hit
up
to
130
g/t
Au
over
1.0
m.
On
November
13,
2025
,
a
$530,000
flow-through
and
non-flow-through
financing
was
launched
for
the
permitted
winter
drill
program.
Dual
updates
on
November
27,
2025
covered
Tranche
1
closure,
discussion
of
importance
and
next
steps,
as
well
as
signing
a
drill
contractor
for
the
maiden
Howie
program
in
December.
December
saw
the
execution
of
drilling
and
completion
of
financing
to
execute
plans
into
2026.
On
December
9,
2025
,
the
company
announced
the
completed
mobilization
of
Rodren
Drilling
Ltd.
to
the
Howie
Project
and
initialization
of
drilling
over
the
Twilight-Gap
anomaly.
December
16,
2025
saw
the
close
of
the
financing
announced
November
13,
2025,
for
gross
proceeds
of
$506,861.51.
December
17,
2025
,
the
company
announced
the
completion
of
a
4
hole
program
on
the
Howie
Project,
with
drill
crews
de-mobilizing
and
core
logging
commencing
in
Winnipeg,
Manitoba.
Outlook
for
2026
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
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Entering
2026,
Ashley
is
drill-ready
and
permitted
across
key
projects,
with
ongoing
permitting
on
key
targets.
Bolstered
by
a
solid
financial
position
and
expert
team,
the
Company
anticipates
delivering
shareholder
value
through
continued
discoveries,
development
and
value
add
transactions.
NI
43-101
Disclosure
The
technical
information
in
this
news
release
was
prepared
and
reviewed
by
Darcy
Christian,
CEO,
P.Geo.,
a
Qualified
Person
as
defined
in
National
Instrument
43-101.
Mr.
Christian
is
registered
as
a
Professional
Geoscientist
with
Engineers
Geoscientists
of
Alberta.
Mr.
Christian
is
non-independent
of
Ashley
Gold
Corp.
*Management
cautions
that
grab
samples
are
selective
in
nature,
and
the
assay
results
may
not
necessarily
represent
true
underlying
mineralization.
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
Burnthut,
Howie,
Alto-Gardnar
and
Santa-Maria
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:
X:
KKomavli
-Or-
Darcy
Christian,
P.Geo,
CEO
C:
(587)
777-9072
E:
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6 +1 587 777 9072 | ashleygoldcorp.com
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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
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