Northwire Canada EditionSunday, November 8, 2026
Northwire
⌕
Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Ashley Gold Corp. Provides Core Visuals from Ongoing Drill Campaign, TAK-26-01

Ashley Gold Drilling Confirms Visual Mineralization on Tak Patents as Assays Await

Executive Summary
  • Ashley Gold Corp. released core visuals from its first drill hole (TAK-26-01) of the ongoing Tak Patents campaign in Dryden, Ontario.
  • Visual inspections indicate strong silicification, quartz carbonate veins, and pyrite starting from surface to 18m depth.
  • The company has transitioned to the second pad for hole TAK-26-02; core logging is set to commence shortly with assays pending.
  • This follows a fully funded drilling program mobilization announced in March 2026, supported by $807k in financing closed earlier that month.
Material Impact
  • The news confirms operational execution of the drill program planned since January 2026, validating management's timeline and capital allocation.
  • Visual mineralization is positive but not definitive; without assay results, the market cannot yet price in grade potential or resource expansion.
  • This is an incremental update following the March financing and mobilization news; it does not introduce new financial data or major discovery announcements.
  • The lack of immediate assay numbers limits upside momentum, as junior miners often face disappointment when visuals do not translate to high-grade intercepts.
ASHL · Price
Company Overview
  • Ashley Gold Corp. is an exploration company focused on gold projects in Ontario (Dryden Area) and British Columbia.
  • Flagship Project: Tak Patents (Burnthut Property), acquired fully in January 2026, abutting NexGold's Goliath-Gold Complex.
  • The property hosts a historic 1.5km mineralized corridor with porphyry-style gold potential; historic hole TAK-99-10 returned 2.08 g/t Au over 31.8m.
  • Other projects include Howie, Alto-Gardnar (high-grade channel samples), and Gold Mountain (BC polymetallic).
Read the original news release →

More from Ashley Gold Corp.