Northwire Canada EditionTuesday, July 28, 2026
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LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Drill Results

Ashley Gold Corp. Intercepts 0.53 g/t Au over 24m in Howie Maiden Drilling

By The Northwire Desk — AI Analysis Mar 19, 2026 · 08:31 ASHL · 0.065 Ashley Gold Corp.
ASHL · Price

Executive Summary

  • Ashley Gold Corp. announced the discovery of a gold‑bearing zone on its 100 % owned Howie Project, bordering Dynasty Gold’s Pelham deposit.
  • The maiden drill hole HL‑25‑01 intersected 0.53 g/t Au over 24 m, with near‑surface grades typical of bulk‑tonnage systems across ~400 m drilled to date.
  • Historical work and recent surface sampling continue to support a large, complex mineralized system; follow‑up drilling is planned pending capital availability.

Key Details

  • Hole HL‑25‑01: 0.53 g/t Au over 24 m in a carbonate breccia zone (Figure 1).
  • The hole terminated above the cut‑off threshold of 0.3 g/t Au; additional drilling required to determine true width.
  • Prior 2025 program: four holes testing the “Twilight‑Gap” anomaly; HL‑25‑01 delivered the headline result, other holes returned trace gold and valuable lithology data.
  • Historical high‑grade surface results:
  • May 26 2025 – 20.2 g/t Au over 0.8 m (Main Katisha Zone).
  • Sep 22 2025 – weighted average 0.624 g/t Au over 22.9 m (Twilight Zone).
  • Oct 14 2025 – historic core 0.33 g/t Au over 25.74 m near Twilight Zone.
  • Exploration program background: IP survey (2024‑2025) identified “Twilight‑Gap” as highest gold index; low‑cost oriented‑core drilling planned for further data collection.
  • Core handling: securely transported to Ashley’s shipping container; unassayed sections to be reviewed after Tak drilling.
  • QA/QC procedures: fire‑assay 1A3 Au at ActLabs (Dryden, ON) with detailed sample preparation and assay protocol described.
  • Qualified Person: Shannon Baird, P.Geo., Exploration Manager, NI 43‑101 sign‑off.

Notable Quotes

“Our maiden Howie drill campaign has delivered results, with assays revealing near surface gold grades typical of bulk tonnage systems on just ~400 m of drilling.” – Noah Komavli, President

Materiality Assessment: Material – Positive** (new mineralized zone discovery with encouraging assay grades that could materially affect the company’s valuation and future exploration plans).

Read the original news release →

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