Ashley Gold drills 0.861 g/t Au over 62.35 m in TAK-26-07

CALGARY, ALBERTA - August 26, 2026 – TheNewswire - Ashley Gold Corp. (CSE: “ASHL”) (“ Ashley ” or the “ Company ”) is pleased to provide an update on assays from Phase II drilling.

Significance

TAK-26-07 delivers best NI43-101 compliant drillhole in the history of Tak Patents,

Two separate near-surface intervals each grading 11.3 g/t Au — 1.00 m starting at 28.00 m and 1.08 m starting at 37.32 m — highlighting excellent gold values close to surface,

Highly anomalous 4.28 g/t Au intercepted near the bottom of the hole at 109.40 m depth, over 0.60 m - building a business case for future deep drilling in the Zone.

Next Steps

Prospecting along open corridors both East and West of the D99Z completed, assays and additional update pending,

Fully funded mid/late September Phase IV drill campaign (proposed 500-600m in 7 holes), working towards infilling between 67Z and D99Z,

ICP assays and thin sections to deepen the Company’s understanding of gold disposition and assist in vectoring.

Positioning

2 holes from Phase II remain pending,

7 holes from Phase III remain pending.

“This result represents another important step in demonstrating the size, continuity, and quality of the mineralization in the 67 Zone. TAK-26-07 has yielded the most impressive 43-101 compliant interval so far - both in the recorded history of the patents and for our Company. This speaks to a high priority geophysical signature around the 67Z - and pairs well with our focused efforts along strike of this anomaly in Phase III drilling; which presently has 7 holes pending assays.” stated President Noah Komavli,” Southern Rio used BQ core in 2002 and the current NQ core used by our contractors o