Mr. Noah Komavli reports

ASHLEY GOLD CORP. SUBMITS FINAL HOLES FOR ASSAY, TAK-26-04 AND TAK-26-05, SHARES EXAMPLE MINERALIZATION

Ashley Gold Corp. is sharing operational updates from its concluded phase 1 diamond drilling program on the 100-per-cent-owned Tak patents.

Highlights:

• Core logging and cutting completed;
• All five holes pending assay results.

President Noah Komavli stated: "The final two holes have been submitted to the lab as of today. We look forward to reviewing, plotting and sharing results as they are received. Our phase 2 program will pick up where we left off after the ongoing spring melt completes."

Drilling operation update

All holes completed during phase 1 have been cut, logged and submitted for assay.

National Instrument 43-101 disclosure

The technical information in this news release was reviewed and approved by Shannon Baird, PGeo, a qualified person as defined in National Instrument 43-101. Mr. Baird is exploration manager of Ashley Gold, and is registered as a professional geoscientist with the Professional Geoscientists of Ontario, as well as the Engineers and Geoscientists of British Columbia.

About Ashley Gold Corp.

Ashley Gold is a Canadian mineral exploration company focused on acquiring and developing highly prospective gold and polymetallic deposits in Canada's top mining regions. The company's flagship assets are in the Dryden area in Ontario, with a 100-per-cent ownership in Burnthut (including the Tak patents), Howie and Alto-Gardnar claims, as well as in British Columbia, with the Icefield portfolio, having two highly prospective claim packages.

We seek Safe Harbor.