Ashley Gold Completes IP Survey and Engages Perron Contracting
CALGARY, ALBERTA — March 14, 2026 — Leads & Copy — Ashley Gold Corp. (CSE: ASHL) has completed its IP survey, received interim data, and engaged Perron Contracting.
The company announced highlights of the work, including completion of 19.5km of IP lines at 50m spacings over the main zone. Interim data received highlights the possible extent of porphyry body. The IP highlights a 1 km resistive trend on surface, with moderate coinciding chargeability. Perron Contracting, a local 100% owned Indigenous business, has been engaged for pad clearing and drill road work.
Ashley Gold Corp. President Noah Komavli said the data acquisition will allow for efficient drill targeting with minimal trenching. He added the company is encouraged by what they see, noting the most important early indicators are the characteristics of moderate chargeability and coinciding high resistivity in areas of historic drilling. Komavli said this resistive body showcases wide and consistent responses in the interim 2D, surface level model, and that the company awaits the full, processed dataset.
The company’s focus will be historic confirmations and step outs along the main trend, guided by the interim 2D data. The next drill program will follow-up using the inverted 3D model.
Komavli added the company is excited to announce a work program with Perron Contracting, noting the local firm is 100% owned by Indigenous and is an industry leader in remote work. He said the company looks forward to a mutually beneficial relationship.
Ashley Gold Corp. holds a 100% stake in the Burnthut Project, composed of 83 mining claims, 6 patents and 1 mining license of occupation for 1,900 ha. The Burnthut project is strategically situated against the north-east of the Goliath-Gold complex, operated by Nexgold Mining Corp. Kenorland Minerals Ltd. has recently staked against the Burnthut’s southern boundary. The Tak patents were formerly owned and worked by Lac Minerals (Barrick). Royal Gold Inc. holds a 5% NSR with a 2.5% buyback for $1 million, limited to the Tak boundary. The Burnthut main block has no outstanding NSR’s, which includes claims along strike of the Tak and covering the Wedge Occurrence.
On February 10th, 2026 the Company announced the engagement of Abitibi Geophysics for the deployment of their 3D OreVision system over Ashely’s 100% owned Tak Patents. On February 16th, 2026, the crew began mobilization to site. Line cutting preceded the installation of the surficial wires required for the readings.
On March 10th, 2026, the crew completed the line readings, with de-mobilization occurring on March 11th, 2026. 19.5km of production lines were run, with the Eastern most extent of the Tak Patents being excluded from reading. This area will be the target of a future reading once the mining claims comprising the Burnthut Project are brought into a permitted status, avoiding short IP lines limited to the Eastern patent boundary.
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, Howie, Alto-Gardnar claims as well as in British Columbia with the Icefield Portfolio having two highly prospective claim packages.
Source: Ashley Gold Corp.
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