Ashley Gold Corp. Shares TAK-26-08 Core Visuals - Submits Hole for Fire Assay
A drill-bit story with high-grade grabs but no resource, burning cash while promises await lab results.
Ashley Gold reported core visuals from its best hole to date, TAK-26-08, on the 67Z target. The President described favourable visual signs — potassic alteration, silicification, sulphide content — and disclosed that high‑grade grab samples of up to 398 g/t Au had been taken near the hole. A total of 112 core samples and 31 prospecting samples have been shipped to the lab; no assay results are yet available.
The release contains no verified assay data; it is purely a visual‑inspection update with selective grab samples. For an early‑stage explorer, core visuals are common and do not change the geological or economic premise of the property. The news will likely not move the share price beyond short‑term speculative noise.
Ashley Gold is a CSE‑listed junior explorer focused on the Tak Patents (~100 ha) in Ontario’s Dryden gold belt, abutting the Goliath Gold Complex. It holds several other early‑stage properties in Ontario and British Columbia. The business generates no revenue and has no mineral resources or reserves.