Ashley Gold Corp. Shares Visuals from Initial Drillhole on Tak Patents

CALGARY, ALBERTA — April 14, 2026 — Leads & Copy — Ashley Gold Corp. has released visuals from its initial diamond drillhole on the Tak Patents, marking the start of its fully funded drill program in the Dryden Area of Northwestern Ontario.

Core logging and cutting are set to begin shortly, with TAK-26-01 having reached its target depth.

Noah Komavli, President of Ashley Gold Corp., expressed satisfaction with the initial core results, noting strong silicification, quartz carbonate veins, and disseminated pyrite throughout a considerable length of the core, starting at the surface. The drill has been repositioned for the second pad, and casing has been inserted for TAK-26-02.

TAK-26-01 was designed as a step-out twin of TAK-99-10 to validate and undercut the historic hole. The initial holes are intended to confirm historical mineralization and validate the dip of the mineralized stockwork corridors, while also testing the limits of the system at depth.

The technical information in the announcement was reviewed and approved by Shannon Baird, P.Geo., Exploration Manager of Ashley Gold Corp. Baird is a Qualified Person as defined in National Instrument 43-101 and is registered with professional geoscience organizations in Ontario and British Columbia.

Ashley Gold Corp. is focused on acquiring and developing gold and polymetallic deposits in Canada. The company’s assets are located in the Dryden Area in Ontario and British Columbia.

More information is available on SEDAR+ and the company’s website.

References:

Property MDI Link: https://www.geologyontario.mndm.gov.on.ca/mndmfiles/mdi/data/records/MDI000000002119.html

Wedge Zone assays: https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52G13NW2001/52G13NW2001.PdF

Triex logs (Tak-99 holes): https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52G13NW2002/52G13NW2002.Pdf

Southern Rio logs (Tak-02 holes): https://prd-0420-geoontario-0000-blob-cge0eud7azhvfsf7.z01.azurefd.net/lrc-geology-documents/assessment/52F16NE2006/52F16NE2006.Pdf

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

Source: Ashley Gold Corp.