Ashley samples 6.61 g/t Au, 2.06% Cu at Gold Mountain

Mr. Darcy Christian reports ASHLEY GOLD CORP. REPORTS HIGH-GRADE GOLD, SILVER, AND COPPER RESULTS FROM GOLD MOUNTAIN, BC Ashley Gold Corp. has received and compiled assay data for its ground geological sampling program, previously announced Sept. 11, 2025. Highlights: Confirmed the historically identified northwest-trending high-grade corridor, extending over approximately 1.2 kilometres at surface; Peak assays of 6.61 grams per tonne Au (gold) (GM25-FS006), 204 g/t Ag (silver) (GM25-FS005) and 2.06 per cent Cu (copper) (GM25-FS006) returned from outcrop grab samples; Antimony (Sb) values up to 0.17 per cent 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 four 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, Ont. "As previously disclosed, several assays still remain outstanding; including Howie multielement channel results as well as the Alto-Gardnar channel sampling results." Results The 2025 helicopter-supported ground program was completed over two field days, with crews mobilized from Golden, B.C. 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 per cent 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 per cent Cu and 4.01 per cent Pb (lead). Additional trace elements of interest, such as antimony, were also encountered, with values of 0.15 per cent and 0.17 per cent 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, B.C. The project consists of four claims covering approximately 1,863 hectares. Highlights include: North showing: grab sample returned 4.87 g/t Au, 710 g/t Ag and 1.89 per cent Cu (Allen, 1982); South showing: peak values of 30.3 g/t Au, 13,301 g/t Ag and 32.54 per cent Cu (Allen, 1982); 1984 drilling (Parr, 1984): notable intervals include: 4.14 m -- 57.62 g/t Au, 7,349.5 g/t Ag, 16.5 per cent Cu and 8.74 per cent Pb (drill hole A); 4.85 m -- 29.99 g/t Au, 6,711.3 g/t Ag, 11.0 per cent Cu and 14.53 per cent Pb (drill hole B). 2020 to 2021 exploration : An Ag-Au-Pb-Zn-Cu-Sb mineralized system at Gold Mountain identified (see Jan. 13, 2021, and Jan. 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. 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 metres. Past work has revealed high-grade values across two primary showings, North and South, which are separated by approximately 450 metres 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 metres 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 per cent 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 one m wide quartz vein, which returned a grab sample of 4.87 g/t Au, 710 g/t Ag and 1.89 per cent 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 per cent Cu and 8.74 per cent Pb; 4.85 m -- 29.99 g/t Au, 6,711.3 g/t Ag, 11 per cent Cu and 14.53 per cent 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 (Jan. 13, 2021, and Jan. 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 (quality assurance/quality control) 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 prelabelled sample bags. Flagging tape with sample numbers were left at each sample location. Samples were securely transported by field staff to AGAT Laboratories in Calgary, Alta., in for standard sample preparation which includes drying, crush to 75 per cent passing two millimetres, riffle split 250 g, and pulverize 85 per cent passing 75 micrometres. Samples were analyzed by multielement by four-acid digestion with ICP-OES finish (method 201070) and gold by 30 g fire assay with AA finish (method 202051); overlimits were reassayed 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 per cent of submitted samples. 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. National Instrument 43-101 disclosure The technical information in this news release was prepared and/or reviewed by Nathan Schmidt, PGeo, a qualified person as defined in National Instrument 43-101. Mr. Schmidt is registered as a professional geoscientist with Engineers Geoscientists of British Columbia (No. 48336) and an employee of Dahrouge Geological Consulting Ltd. (permit to practice No. 1003035). Some results discussed in this document are historical. Ashley Gold 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 documentation 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 is a Canadian mineral exploration company focused 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-per-cent 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. We seek Safe Harbor.