Ready-to-ship porcelain and quartz slabs from China
Industry Insights Industry News

[Canada Alberta Calgary] Ashley Gold Corp. Provides Operations Update for Ongoing Tak Drill Program

Ashley Gold Corp. Provides Operations Update for Ongoing Tak Drill Program

Editor's Note

This editor’s note highlights the key facts and market implications behind “Ashley Gold Corp. Provides Operations Update for”, with emphasis on sourcing, product fit, fabrication, logistics, or buyer impact.

Ashley Gold Corp. (CSE: "ASHL") is pleased to share visuals and operational updates from its active diamond drilling program on the 100% owned Tak Patents.

Highlights

Core logging and cutting is well underway. Four holes have been completed. Sixty-two samples, comprising the entirety of TAK-26-01, are being submitted for assay as of today.

President Noah Komavli commented on his visit to the project area.

Visiting the region and project was eye opening, very enjoyable and a whirlwind of activity. The Tak boasts scale, something you don’t see or appreciate on regional maps due simply to the dominance of our neighbors, NexGold, Kenorland, and Dryden Gold. While in the area, I had the pleasure of meeting with many stakeholders, ensuring Ashley has the necessary local connections for long term operational support.

Drilling Operation Update

The following holes have been completed thus far during Phase 1 drilling:

Pad 1, Hole 1: Undercut and step back from TAK-99-10. Logging and cutting completed.

Pad 2, Hole 2: East fan on TAK-02-02. Logging and cutting ongoing.

Pad 2, Hole 3: West fan on TAK-02-02.

Pad 3, Hole 4: North hole to test undrilled zones under the historically worked trenches.

Core Logging and Assay Update

Core logging and cutting is progressing at anticipated rates, with current focus on TAK-26-02. As disclosed, TAK-26-01 has been logged and cut, with delivery of samples to ActLabs Dryden anticipated for today.

TAK-26-02 Update

This hole was designed as an eastward fan of Southern Rio TAK-02-02, with a completed drill length of 200m. Example mineralization and alteration found in the core are presented in the news release figures.

The technical information in this news release was reviewed and approved by Shannon Baird, P.Geo., a Qualified Person as defined in National Instrument 43-101. Mr. Baird is Exploration Manager of Ashley Gold Corp.

*Management cautions that core visuals are selective in nature to begin with and are not representative of the hole in its entirety or indicative of any grade overall. Samples have not been submitted and therefore, assay results are pending and visual identification of minerals does not guarantee economic grades. These preliminary visual observations are awaiting laboratory confirmation.

About Ashley Gold Corp.

Ashley Gold Corp. is a Canadian mineral exploration company focused on acquiring and developing highly prospective gold and polymetallic deposits in Canada’s top mining regions. The Company’s flagship assets are in the Dryden Area in Ontario with a 100% ownership in Santa-Maria, Burnthut (including the Tak Patents), Howie, and Alto-Gardnar claims as well as in British Columbia with the Icefield Portfolio having two highly prospective claim packages.

Source: Read the original article | Published: April 20, 2026

Quote WhatsApp Email
Quote WhatsApp Email