Ashley Gold Corp. has received an exploration permit for the Howie property including an Induced Polarization survey, stripping and channel sampling at Katisha, and thirteen drill locations. The permit is valid for multiple years.

In addition, Ashley has recently received two grants totaling $121,106 from the Ontario Junior Exploration Program (OJEP) for the Howie and Tabor drone magnetic survey as well as the 2023 Tabor Lake Drill Program. Phase 1 of the 2024 exploration program will be to conduct a gradient induced polarization survey focussing on the shear zones related to the mineralization at Katisha, Howie, Zig Zag, and Twilight Zones. The IP survey used in conjunction with the 2023 drone magnetics will be used to develop targets to test in the Phase 2 drill program later this summer.

Timing on the IP acquisition is anticipated to commence early May.