- 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.
