Ashley Gold Corp. Recent 100% Acquisition Returns High Grade Values, Samples Up To 28.9 g/t Au at Brockman
(TheNewswire)
Calgary, Alberta – TheNewswire -July 11, 2025 - Ashley GoldCorp. (CSE: “ASHL”) (“Ashley”or the “Company”) is pleased to announce receipt ofassays from a ground sampling and mapping program, announced June 6th,2025. The majority of work was focused on the recently acquiredBrockman claims (“Sakoose South”), but also located a new outcropin a clear cut area between Tabor and Sakoose, dubbed the “BlackFly”.
Highlights:
Brockman Assay Results: Five grab samples from Brockman workings (shaft and trench)yielded gold assays from 1.39g/t to 28.9 g/t (average 10.724 g/t Au). Veinstrikes north, with grey to blue quartz.
Copeland Occurrence: A 3-5 m wide iron carbonate-rich felsic dyke with abundantpyrite traced for 50 m, returning up to 130 ppb Au.
Tabor Area Prospecting: Clear-cut area between Tabor Lake Shaft and Sakoose Minerevealed a 30 m wide deformation zone in QFP with intensesilicification, iron carbonate, and fuchsite alteration. A 5-10 m widezone with quartz carbonate stockworks returned up to 190 ppbAu.
Future Potential: All three past producers (Brockman, Tabor, Sakoose) remainopen at depth, offering drill-ready targets. Tabor is permitted fordiamond drilling, with ongoing efforts to permit other sites.
Click Image To View Full Size
Figure 1: Tabor/Sakoose, BrockmanResults
President Noah Komavli on the program; “The 100%ownership of the Brockman claims ties together our district scalepackage at Tabor and Sakoose. With high grade gold values remaining inthe Brockman trench, the site shows that there is still more todiscover - a consistent theme in this project area. With small-scalepast production at both Tabor, Sakoose and Brockman, as well asuntested regional targets such as the SM-1 anomaly in the Taborclaims, this unified project will benefit from our team’s effort toconsolidate regional data. The three past producers all remain openand untested at depth - which is low hanging fruit from a drillingperspective, while data compilation can occur simultaneously. Taborremains permitted for diamond drilling, with our team diligentlyworking to advance permitting across our sites at keyoccurrences.”
Program Results
Sample # | Sample Description | Sample Type | Result (g/t Au) |
346524 | Brockman Trench#2, grey quartz | Grab | 28.9 |
346525 | Brockman Trench#2, grey quartz | Grab | 10.9 |
346523 | Brockman shaftarea, blue grey quartz | Grab | 9.62 |
346522 | Brockman shaftarea, blue grey quartz | Grab | 2.81 |
346521 | Brockman shaftarea, blue grey quartz | Grab | 1.39 |
346519 | Blackfly -Quartz Carbonate Stockwork Zone in QFP, Heavy ankerite,fuchsite | Grab | 0.19 |
Table 1: Assay
Results and Description
Brockman Cut
A total of 5 samples were collected from the Brockman
workings, 3 from the shaft area and 2 from trench, which is 30 m
south of the shaft area. Both the shaft and trench are filled in with
wall rock rubble. The Brockman vein strikes slightly west of due north
(340 degrees) and is composed of grey to blue quartz. Assays ranged
from 1.4 g/t Au to a high of 28.9 g/t Au. The host mafic rock trends
at 220 degrees.
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Figure 02: Brockman Cut Looking South
Click Image To View Full Size
Figure 03: Brockman Vein in CutLooking North
An area near to the historic Copeland Occurrence hosteda 3-5 m wide iron carbonate rich felsic dyke that is well mineralizedwith visually abundant fine disseminated py, trace cpy and trace sph.This felsic dyke was traced for approximately 50 m along a north southstrike.
Figure 04: Copeland Area Felsic Dike
Tabor Area
Prospecting was carried out in a recent clear-cut area
located midway between the Tabor Lake Shaft and the Sakoose Mine
workings. Traverses were made in a north to south fashion as to
prospect perpendicular to the east west trending lithologies. Numerous
alternating QFP and mafic units (basalts, gabbro, mafic flows) are
present. A wide deformation zone up to 30 m in width in a pale grey to
apple green QFP unit crosses the logging road approximately 300 m due
south of the Tabor Lake Rd. The deformation zone was followed to the
west with increasing pyrite content and silicification along with a
pronounced increase in iron carbonate and fuchsite alteration.
At a point approximately 60 m west of the new logging
road, a 5-10 m wide zone displays intense ankeritic alteration and
abundant fuchsite giving the fresh rock a true apple green appearance.
The intensely silicified zone hosts a crudely developed stockworks of
quartz carbonate veins up to 6 inches in width. It appears the zone
may be on contact with a gabbro to the north and south. In places the
smaller mm sized quartz veins contain trace amounts of py, and a
marked increase in py content at the vein and wall rock margins giving
this area a grey silicified banded appearance. The zone has been
traced for 25 m to the west to a point where it dips under
overburden.
Figure 05: Blackfly Showing - Looking
Due East, Altered QFP (Right) with Quartz Carbonate Stockworks Veining
on Contact with Gabbro (Left) to the North. Grab sample returned 0.19
g/t Au.
*Grab samples are selective samples, and the assay
results may not necessarily represent true underlying
mineralization.
Qualified Person
The technical and scientific information in this news
release has been reviewed and approved by Darcy Christian, P.Geo.,
CEO of Ashley, who is a Qualified Person as defined by NI 43-101.
About Ashley Gold Corp.
Ashley Gold Corp. is a focused exploration company
targeting high-potential gold and polymetallic deposits in Canada’s
top mining regions. We aim to deliver strong returns for shareholders
through smart exploration and strategic growth.
Our Assets
• Ontario (Dryden Area): 100% ownership in
Burnthut, Tabor, Howie, Alto-Gardnar, plus an option on Sakoose
claims.
• British Columbia: Icefield Portfolio with three
promising claim packages.
For more information, visit:
www.ashleygoldcorp.com.
Contact Information
On behalf of the Board of Directors,
Noah J. Komavli, 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-lookingstatements” which are not comprised of historical facts.Forward-looking statements are based on assumptions and address futureevents and conditions, and by their very nature involve inherent risksand uncertainties. 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-lookingstatements.”
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