Ashley Gold cuts 0.478 g/t Au over 55.00 m in TAK-26-14

CALGARY, ALBERTA - Sept 23, 2026 – TheNewswire - Ashley Gold Corp. (CSE: “ASHL”) (“ Ashley ” or the “ Company ”) is pleased to provide the initial assays from Phase III drilling.

Importance:

First step out assays received from Phase III drilling,

TAK-26-14 highlights bulk tonnage grades near the surface, between the 67Z and D99Z.

Next Steps:

Step out drilling is ongoing, with field updates expected.

Positioning:

5 Phase III holes remain pending,

7 Phase IV holes planned.

President Noah Komavli on the intercept; “ The TAK-26-14 result comes at an excellent time, as we are actively drilling additional step out holes. The values are compelling and highlight gold grades near the surface, between the two most densely drilled zones on the Property. TAK-26-13 provided important data and supports a theory of the ridgeline in the property being related to the system’s plumbing. A dditional data will be needed to determine the structural timing and its relation to gold precipitation."

Table 1: TAK-26-14 and TAK-26-13 Highlights

Results Discussion

TAK-26-14 was the farthest step out east from the 67Z to date, returning bulk tonnage values near the surface, expanding the strike potential of the 67Z over 50m.

TAK-26-13 was collared North of the 67Z anomaly and is interpreted as having intercepted the contact zone, which may have acted as a chemical trap for the gold to precipitate throughout the 67Z anomaly. Additional drilling North of the TAK-26-13 and on the North side of the contact zone, in the NTZ (grab samples up to 398 g/t Au), may be considered in a future campaign, to test the theory further. Additional data is needed to determine the exact structural controls in the area.

Click Image To View Full Size