Ashley GOLD Receives Howie Exploration Permit and Ontario Junior Exploration Program Funding
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072| ashleygoldcorp.com
FOR IMMEDIATE RELEASE
CALGARY, ALBERTA
April 2, 2024
Ashley Gold Receives Howie Exploration Permit and Ontario Junior Exploration
Program Funding
Ashley Gold Corp. (CSE: “ASHL”) (“Ashley” or the “Company”) has received an exploration permit for the
Howie property including an Induced Polarization survey, stripping and channel sampling at Katisha, and thirteen
drill locations. The permit is valid for multiple years. In addition, Ashley has recently received two grants totalling
$121,106 from the Ontario Junior Exploration Program (OJEP) for the Howie and Tabor drone magnetic survey as
well as the 2023 Tabor Lake Drill Program.
Darcy Christian, CEO of Ashley comments “ Although we have been busy with due diligence work on the Sahara
Uranium Property, we have also been focussed on permitting for our 2024 gold exploration program in the Dryden
area. We would like to thank the Ontario Government for their support in our 2023 exploration programs at Tabor
and Howie through the OJEP program. 2023 was a difficult year to raise capital for exploration and thanks to the
OJEP program we were able to advance our two of our properties.”
Howie Exploration Permit
Phase 1 of the 2024 exploration program will be to conduct a gradient induced polarization survey focussing on the
shear zones related to the mineralization at Katisha, Howie, Zig Zag, and Twilight Zones. The IP survey used in
conjunction with the 2023 drone magnetics will be used to develop targets to test in the Phase 2 drill program later
this summer. Timing on the IP acquisition is anticipated to commence early May.
Figure 1 – Location of Howie Approved Exploration Permit Drilling, IP, and Stripping
- 2 -
Suite 1150, 707 7th Avenue SW Calgary, Alberta T2P 3H6
+1 587 777 9072 | ashleygoldcorp.com
ABOUT ASHLEY GOLD CORP.
Ashley Gold is focused on creating substantive, long-term value for its shareholders through the discovery and
development of world class gold deposits. Ashley has acquired, 100% of the Tabor Lake Lease subject to a 1.5%
royalty, 100% of the Santa Maria Project subject to a 1.75% royalty, 100% interest in the Howie Lake Project
subject to a 0.5% royalty, 100% interest in the Alto-Gardnar Project subject to a 0.5% royalty, 100% interest in the
Burnthut Property subject to a 1.5% NSR, and an option to earn 100% of the Sakoose claims subject to a 1.5% NSR.
Ashley Gold Corp. is an early-stage natural resource company engaged primarily in the acquisition, exploration,
and if warranted, development of mineral projects. The Corporation’s objective is to conduct efficient and
economical exploration on its growing portfolio of high-quality gold projects, currently focused in northwestern
Ontario within the Eagle-Wabigoon-Manitou Lakes Greenstone Belts. In addition, Ashley has entered into a LOI
to earn 100% of the Sahara Uranium-Vanadium property in Emery County, Utah subject to a 2% NSR.
The responsibility of this release lies with Mr. Darcy Christian, President and CEO • +1 (587) 777-9072 •
[email protected] , may be contacted for further information. www.ashleygoldcorp.com
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts
responsibility for the adequacy or accuracy of this release.
DISCLAIMER & 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. Undue
reliance should not be placed on “forward looking statements”.