Northwire Canada EditionFriday, July 24, 2026
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CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 203.92 +0.2% OPW 0.105 +5.0% GRL 0.290 +3.6% AIS 0.150 +0.0% CUU 0.590 +0.0% SOMA 0.690 +1.5% GAL 0.390 +0.0% AUMB 0.610 −4.7% UTWO 0.400 +2.6% GSKR 3.20 −1.5% AVX 0.005 −nan% AII 18.81 −5.5% GWM 0.480 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 203.92 +0.2% OPW 0.105 +5.0% GRL 0.290 +3.6% AIS 0.150 +0.0% CUU 0.590 +0.0% SOMA 0.690 +1.5% GAL 0.390 +0.0% AUMB 0.610 −4.7% UTWO 0.400 +2.6% GSKR 3.20 −1.5% AVX 0.005 −nan% AII 18.81 −5.5% GWM 0.480 +0.0% GEN 0.070 −nan%
Production / Operations

Ashley Gold Corp. Announces Operational Readiness for Tak Drilling, Engages Abitibi Geophysics for IP Survey on Tak Patents, Crew to Mobilize February 16th

ASHL · Price

Executive Summary

  • Ashley Gold Corp. will deploy Abitibi Geophysics’ 3D OreVision IP survey over the Tak Patents, marking the first modern geophysical survey on this patented ground.
  • The company is preparing for its largest drill campaign ever; drilling crews and contractor are selected, with core‑cutting equipment already procured for February field work.
  • Survey results are expected to guide target selection, twin historic holes into compliance, and potentially expand the known mineralized corridor beyond historic shallow intercepts.

Key Details

  • Survey Deployment: 3D OreVision IP system will be run over the Tak Patents to generate high‑resolution chargeability and resistivity models.
  • Operational Readiness: President Noah Komavli states the company is “in a state of operational readiness” for its largest drill campaign, with data collection slated to support deep drilling, step‑outs, and target selection.
  • Equipment Procurement: Two shipping containers have been secured and retrofitted for mobile core cutting and logging; a Husqvarna MS‑610 core saw and diamond blades are on site, ready for use in February.
  • Contractor Selection: Drilling contractor has already been chosen; mobilization will occur upon successful close of the company’s financing offering.
  • Survey Objectives:
  • Map QFP body boundaries and alteration zones via chargeability anomalies.
  • Overcome conductive overburden and rough topography that limit conventional IP methods.
  • Generate untested drill targets, potentially delineating a 1.5 km corridor of mineralization.
  • Cost Management: Majority of survey‑related costs will be kept in‑house to control expenses.
  • Qualified Person Review: Technical information reviewed by Darcy Christian, P.Geo., CEO and Qualified Person under NI 43‑101 (non‑independent).

Notable Quotes

“Ashley is in a state of operational readiness for the largest drill campaign in company history… OreVision is a system that works well in the Dryden area, and case studies have proven its effectiveness on QFP bodies elsewhere in Canada.” – Noah Komavli, President


Materiality Assessment: Non‑Material – Positive (operational update with no immediate financial impact).

Read the original news release →

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