Ashley Gold drills 0.304 g/t Au over 30.50 m, incl. 0.454 g/t over 10.25 m in TAK-26-09

CALGARY, ALBERTA - Sept 22, 2026 – TheNewswire - Ashley Gold Corp. (CSE: “ASHL”) (“ Ashley ” or the “ Company ”) is pleased to provide the final assays from Phase II drilling.

Importance:

Widened the 67Z to ~50m of apparent true width,

Intercepted 0.884 g/t Au over 0.5m at 18.5m downhole, possibly corresponding to 4.28 g/t Au intercepted near the bottom of the TAK-26-07 hole at 109.40m depth, over 0.60m - building a business case for eventual infill drilling and deep drilling in the Zone (TAK-26-07 was announced August 26, 2026).

Significance:

As a result of TAK-26-08 and TAK-26-09, future holes in the area and along strike were oriented South, providing a better representation of mineralization based on modelled dip.

Next Steps:

Step out drilling is ongoing, the immediate area around the 67Z remains open in all directions and assays are pending from Phase III holes.

Positioning:

7 Phase III holes remain pending,

7 Phase IV holes planned, hole TAK-26-19 underway,

President Noah Komavli on the intercept; “The TAK-26-09 results represent the farthest collar South in Ashley’s Phase II drilling campaign, and has returned a significant interval downhole, near the 67Z anomaly - where we previously announced assays of 1.111 g/t Au over 45.85m. This lower grade halo has the ability to build tonnage - and I am eagerly awaiting step out assays from the Phase III holes. With ongoing drilling east of the 67Z, we look forward to broadening our geological model.”

TAK-26-09

Click Image To View Full Size

Figure 1: Ashley’s Tak Plan View

Assays

Table 1: Assay Highlights for TAK-26-09

Click Image To View Full Size

Table 2: Collar Data for Phases I - III

Table 3: