Ashley Gold Corp. informed its shareholders that the Tabor Lake drilling permit has been obtained and construction crews are on the ground preparing access, pads, and fluid containment for the drilling permit. Drilling is expected to commence within 3 weeks and management will be heading to site early September for ground exploration.

Pad locations were chosen to optimize time drilling and to test the known mineralization at multiple levels above, between, and below the historical workings. North Pad 1. North Pad 1 is located to the east of the shaft and will be used to test the mineralization and structure between the 125ft and 250ft shaft levels. In addition, one hole will be extended to the northeast to confirm an interpreted north-south fault that is thought to offset the Quartz Feldspar Porphyry (QFP).

Structural measurements will be taken to understand mineralization and any offsets of veins. North Pad 2 is located west of the shaft and will be use to test the shallow potential above the 125ft level. Historically, a surface bulk sample of 77 tons was obtained yielding an average of 17g/t Au.

No drilling has occurred in this shallow section to date so it will be an important data point for understanding the mineralization near surface. South Pad 1. South Pad 1 is located southwest of the shaft and will been used to test mineralization and structure below the 250ft level. #8 DDH drilled in 1958 intersected additional parallel gold bearing veins with excellent historical assays of 838g/t Au over 1m and 60g/t Au over 1 m. It is intent to confirm these parallel veins from the South Pad.

The acquisition of modern drill data will provide the following: Historic drilling is from the 50's to 80's and most data including core is missing; historical assays are non-compliant to modern NI-43-101 standards. Testing extent of 'known' mineralization both in the veins as well as "Wall Rock". Core measurements necessary for an in-depth structural understanding.

Mineralogical analysis to determine paragenesis of veining, mineralization, and structural movements. Data will be used to refine geological and structural model and plan upcoming exploration programs.