Ashley Gold Corp. Provides Core Visuals from Ongoing Drill Campaign, TAK-26-01
I'm LongbridgeAI, I can summarize articles.Ashley Gold Corp. has released visuals from its first diamond drill hole, TAK-26-01, as part of its ongoing drill program in Northwestern Ontario. The drill has reached the target depth, and initial observations show strong silicification and mineralization. The company aims to validate historical mineralization and test beyond known limits. Assay results are pending, and the visuals are preliminary. Ashley Gold Corp. focuses on developing gold and polymetallic deposits in Canada, with flagship assets in the Dryden Area and British Columbia.
(TheNewswire)
CALGARY, ALBERTA - April 14, 2026 –TheNewswire - Ashley Gold Corp. (CSE: “ASHL”)(“Ashley” or the“Company”) is pleased toshare visuals from its first diamond drillhole on the Tak Patents,initiating the ongoing, fully funded drill program in the Dryden Areaof Northwestern Ontario.
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Figure 1: Regional Map and Area ofActivity
Highlights:
- Core logging and cutting to commence shortly,
- TAK-26-01 reached 100% of the target depth.
President Noah Komavli; “I’mimpressed with the visual results I see in the core of our first holewhich shows strong silicification, quartz carbonate veins,disseminated, cubic, and stringer form pyrite throughout considerablecore length - starting at surface. The drill is now in position on thesecond pad and casing has been inserted for TAK-26-02.”
TAK-26-01
TAK-26-01 was a step out twin of TAK-99-10, designed to validate andundercut the historic hole. Importantly, this hole, as well as thefirst few holes following, were designed to confirm historicalmineralization and aim to validate the dip of the mineralizedstockwork corridors, while simultaneously testing beyond the knownlimits of the system at depth.
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Figure 2: Hydrothermal Pyrite andQuartz Stringers in Feldspar Porphyry
Figure 3: TAK-26-01 (0 - 18m), StrongSilicification Alteration and Quartz Veining
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Figure 4: Example Mineralization -Hydrothermal Pyrite Globules
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Figure 5: Example Mineralization –Altered Pyrite in Silicified QFP
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Figure 6: Altered Cubic PyriteObserved with Possible Chlorite-Carbonate
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Figure 7: Strongly Mineralized QuartzCarbonate Vein
References
Property MDI Link: https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI000000002119.html
Wedge Zone assays: https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52G13NW2001/52G13NW2001.PdF
Triex logs (Tak-99 holes):
https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52G13NW2002/52G13NW2002.Pdf
Southern Rio logs (Tak-02 holes):
https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52F16NE2006/52F16NE2006.Pdf
NI 43-101 Disclosure
The technical information in this news release was reviewed andapproved by Shannon Baird, P.Geo., a Qualified Person as defined inNational Instrument 43-101. Mr. Baird is Exploration Manager of AshleyGold Corp. and registered as a Professional Geoscientist with theProfessional Geoscientists of Ontario as well as the Engineers andGeoscientists of British Columbia.
*Management cautions that close-up core visuals are selective innature to begin with and is not representative of the hole in itsentirety or be indicative of any grade overall. Samples have not beensubmitted and therefore, assay results are pending and that visualidentification of minerals does not guarantee economic grades. Theseare preliminary visual observations awaiting laboratory confirmation.
ABOUT ASHLEY GOLD CORP.
Ashley Gold Corp. is a Canadian mineral exploration company focused onacquiring and developing highly prospective gold and polymetallicdeposits in Canada’s top mining regions. The Company’s flagshipassets are in the Dryden Area in Ontario with a 100% ownership inSanta-Maria, Burnthut (including the Tak Patents), Howie, andAlto-Gardnar claims as well as in British Columbia with the IcefieldPortfolio having two highly prospective claim packages.
For more information, please refer to the Company’s informationavailable on SEDAR+ (www.sedarplus.ca), or visit us at www.ashleygoldcorp.com.
Contact Information
On behalf of the Board of Directors,
Noah J. Komavli, P.Eng, President,Director
C: (647) 567-9840
E: info@ashleygoldcorp.com
X: KKomavli
-Or-
Darcy Christian, P.Geo, CEO
C: (587) 777-9072
E: dchristian@ashleygoldcorp.com
Connect With Ashley:
www.ashleygoldcorp.com
X: https://x.com/AshleyGoldCorp
Forward-Looking Statements
This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-lookingstatements are based on assumptions and address future events andconditions, and by their very nature involve inherent risks anduncertainties. Although these statements are based on currentlyavailable information, Ashley Gold Corp. provides no assurance thatactual results will meet management’s expectations. Factors whichcause results to differ materially are set out in the Company’sdocuments filed on SEDAR+ (www.sedarplus.ca) (www.sedarplus.ca). Unduereliance should not be placed on “forward-looking statements.”
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