Ashley Gold Corp. Announces Positive Assay Results from Ground Sampling Program

Calgary, Alberta — July 11, 2025 — NewsWall — Ashley Gold Corp. (CSE: “ASHL”) has announced the receipt of assays from a ground sampling and mapping program, which was announced on June 6th, 2025. The work focused on the recently acquired Brockman claims (“Sakoose South”) but also located a new outcrop in a clear cut area between Tabor and Sakoose, dubbed the “Black Fly”.

Highlights from the Brockman Assay Results include five grab samples from Brockman workings (shaft and trench) yielding gold assays from 1.39 g/t to 28.9 g/t (average 10.724 g/t Au). The vein strikes north, with grey to blue quartz. A 3-5 m wide iron carbonate-rich felsic dyke with abundant pyrite traced for 50 m, returning up to 130 ppb Au was found in the Copeland Occurrence. In the Tabor Area Prospecting, a clear-cut area between Tabor Lake Shaft and Sakoose Mine revealed a 30 m wide deformation zone in QFP with intense silicification, iron carbonate, and fuchsite alteration; A 5-10 m wide zone with quartz carbonate stockworks returned up to 190 ppb Au.

All three past producers (Brockman, Tabor, Sakoose) remain open at depth, offering drill-ready targets. Tabor is permitted for diamond drilling, with ongoing efforts to permit other sites.

President Noah Komavli commented on the program, noting that the 100% ownership of the Brockman claims ties together their district-scale package at Tabor and Sakoose. He stated that with high-grade gold values remaining in the Brockman trench, the site shows that there is still more to discover and that the unified project will benefit from the team’s effort to consolidate regional data. He also noted that the three past producers all remain open and untested at depth.

Program Results:

Sample # 346524 from Brockman Trench #2, grey quartz, yielded a grab result of 28.9 g/t Au. Sample # 346525 from Brockman Trench #2, grey quartz, yielded a grab result of 10.9 g/t Au. Sample # 346523 from the Brockman shaft area, blue-grey quartz, yielded a grab result of 9.62 g/t Au. Sample # 346522 from the Brockman shaft area, blue-grey quartz, yielded a grab result of 2.81 g/t Au. Sample # 346521 from the Brockman shaft area, blue-grey quartz, yielded a grab result of 1.39 g/t Au. Sample # 346519 from Blackfly - Quartz Carbonate Stockwork Zone in QFP, Heavy ankerite, fuchsite, yielded a grab result of 0.19 g/t Au.

Darcy Christian, P.Geo., CEO of Ashley, is the Qualified Person as defined by NI 43-101 and has reviewed and approved the technical and scientific information in this news release.

Contact Information:
Noah J. Komavli, President, Director
C: (647) 567-9840
E: info@ashleygoldcorp.com

Darcy Christian, P.Geo, CEO
C: (587) 777-9072
E: dchristian@ashleygoldcorp.com

Source: Ashley Gold Corp.