Sorry, the video player failed to load.(Error Code: 101102)
  • Ashley Gold (ASHL) reported positive assay results from its Ashley Mine Project in Ontario’s Abitibi Greenstone Belt
  • The company uncovered high-grade, shallow-dipping veins exposed on surface for significant strike lengths
  • Composite interval highlights include 135.46 g/t Au over 3.5 m in strike length (Garvey Vein), and 582 g/t Au in a grab sample of mineralized vein material (Garvey Vein)
  • VP of Operations Darcy Christian sat down with Daniella Atkinson to discuss the results and how they’ll guide exploration moving forward
  • Ashley Gold is focused on the discovery and development of world-class gold deposits
  • Ashley Gold (ASHL) opened trading at $0.105

Ashley Gold (ASHL) reported positive assay results from its Ashley Mine Project in Ontario.

The property is located in the gold-rich Abitibi Greenstone Belt.

The program evaluated gold grade continuity at the No. 1 Vein and Garvey Vein. It consisted of chip sampling of quartz vein material exposed within historic trenches.

The company uncovered high-grade, shallow-dipping veins exposed on surface for significant strike lengths.

The No. 1 Vein features a surface expression 30 m east of the Ashley Mineshaft, while the Garvey Vein is located 1.4 km NW of the past-producing mine.

A bulk sample of 26 tonnes taken from Garvey was reported to have yielded 0.86 oz/t Au.

Results confirm historic gold assay values and extraction results from the Garvey and No. 1 veins.

Management believes there is ample potential to expand known zones laterally and to depth with favourable continuity.

A follow-up program will re-open historic trenches, followed by a comprehensive surface vein sampling program, to test for a potential mini bulk-sample program in the future.

VP of Operations Darcy Christian sat down with Daniella Atkinson to discuss the results.

Ashley Gold is focused on the discovery and development of world-class gold deposits.

Ashley Gold (ASHL) opened trading at $0.105.


More From The Market Online
The Seymour Lake lithium project in Ontario

Canadian government to fund Electric Royalties portfolio property

Electric Royalties (TSXV:ELEC) announces a potential C$100M financing from the government of Canada into the Seymour Lake lithium project.
Canada Nickel Company CEO, Mark Selby

Canada Nickel unveils second of seven resources planned by mid-2025

Canada Nickel Company (TSXV:CNC) details an initial mineral resource estimate at its Reid nickel sulphide project near Timmins, Ontario.
Full Circle Lithium's lithium fire extinguisher

Full Circle Lithium goes global with its battery fire-fighter

Full Circle (TSXV:FCLI) signs a global distribution agreement for its lithium battery fire-fighting agent FCL-X with US Fire Pump Company.