Ashley Gold Corp purchased a 15 claim block (315 hectares) located 50 km east of Dryden, Ontario. The Dryden-Sioux lookout area of NW Ontario is situated on a broad shear zone potentially related to the Wabigoon Fault. Gold mineralization was first discovered on the property in 1937 in shear-hosted quartz veins. Strong quartz-ankerite-sericite alteration is a prominent feature of the shear zone. Grab samples recorded gold values as high as 26.03 g/t Au and has confirmed the high-grade potential of the property.
Alto-Gardnar is strategically located near Treasury Metals Inc. (TML.V) Goliath Gold Complex with a Measured and Indicated Resource estimate of 2,138,600 ounces of Gold across a 65 km trend in a 330km2 package. Treasury Metals has commenced the process of receiving additional permits and approvals to construct and operate the Goliath Gold Project (Mine + Mill).