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.
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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).
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Jun 30, 2026 · 08:56