- Ashley Gold (ASHL) reported positive assay results from Santa Maria Claims south of the Tabor Lake Mine Project
- At Shaft-1, up to 5 per cent, galena is observed in samples with 1 per cent to 3 per cent pyrite along vein margins.
- At Lee Lake South, gold values in the Quartz Vein ranged from trace up to 14.30 g/t Au with trace values occurring in intermediate host rocks and an average grade of 5.13 g/t Au over seven samples assayed
- Ashley Gold (ASHL) is unchanged on the day, trading at $0.125 per share at 12:15 pm ET
Ashley Gold (ASHL) reported positive assay results from Santa Maria Claims south of the Tabor Lake Mine Project.
This comes from initial reconnaissance of the gold-bearing Shaft-1 and Lee Lake South Zones.
Located 43 km southeast of Dryden, Ontario, work done on the project confirms the gold bearing potential of the southern portion of the Tabor Project over 4 km south of the Tabor Lake Mine.
Highlights:
- E6096206 9.45g/tAu from Lee Lake South Quartz Vein
- E6096208 14.30g/tAu from Lee Lake South Quartz Vein
- E6096217 5.90g/tAufrom Shaft-1 Quartz Vein
- E6096222 11.10g/tAu from Lee Lake South Quartz Vein
At Shaft-1, up to 5 per cent, galena was observed in samples with 1 per cent to 3 per cent pyrite along vein margins. At Lee Lake South, gold values in the Quartz Vein ranged from trace up to 14.30 g/t Au with trace values occurring in intermediate host rocks and an average grade of 5.13 g/t Au over seven samples assayed. Visible gold was observed with pyrite within the vein material in one sample.
Ashley Gold is focused on the discovery and development of world-class gold deposits.
Ashley Gold (ASHL) is unchanged on the day, trading at $0.125 per share at 12:15 pm ET.
