Source: Ashley Gold.
  • 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.

Source: Ashley Gold Corp.

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.

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