Northwire Canada EditionMonday, August 10, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Ashley Gold Corp. Reports High-Grade Gold, Silver, and Copper Results from Gold Mountain, BC

ASHL · Price

Executive Summary

  • Ashley Gold Corp. released assay results from its 2025 helicopter‑supported ground sampling program at the Gold Mountain property, confirming a high‑grade northwest‑trending corridor over ~1.2 km at surface.
  • Peak outcrop grab sample assays include 6.61 g/t Au, 204 g/t Ag, and 2.06 % Cu (with antimony up to 0.17 %).
  • The company has submitted a Notice of Work for diamond drilling on Gold Mountain and will advance permitting on the adjacent Vertebrae Ridge property, with drilling plans slated for late fall/winter in Dryden, Ontario.

Key Details

  • Program Scope: 15 outcrop grab samples collected over two field days; crews mobilized from Golden, BC.
  • High‑Grade Intercepts:
  • GM25‑FS006 – 6.61 g/t Au, 2.06 % Cu (outcrop)
  • GM25‑FS010 – 6.46 g/t Au, 194 g/t Ag (outcrop)
  • GM25‑FS005 – 204 g/t Ag, 1.45 % Cu, 4.01 % Pb (outcrop)
  • Trace Elements: Antimony (Sb) values of 0.15 %–0.17 % in the same high‑grade zones.
  • Historical Context (for reference): Prior drilling (1984) returned intervals such as 57.62 g/t Au, 7,349.5 g/t Ag, 16.5 % Cu; recent claim additions expand exploration potential.
  • Next Steps:
  • Notice of Work for Gold Mountain diamond drilling already submitted.
  • Permitting to be advanced on Vertebrae Ridge (≈4 km high‑grade Cu‑Ag trend with anomalous Au).
  • Focus shift to drilling plans in Dryden, Ontario during late fall/winter.
  • Outstanding Assays: Results from Howie multi‑element channel and Alto‑Gardnar channel sampling still pending.
  • Quality Assurance/Control: Samples collected with hammer & chisel, GPS‑recorded locations; processed at AGAT Laboratories (ICP‑OES for multi‑elements, fire assay for Au). Two quartz blanks inserted (~11 % of samples).

Notable Quotes

“Gold Mountain continues to demonstrate early hallmarks of grade and scale at surface, necessitating the next steps of diamond drilling.” – President Noah Komavli


All forward‑looking statements are subject to risks and uncertainties; actual results may differ.

Read the original news release →

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