(via TheNewswire)

CALGARY, ALBERTA - Aug 4, 2026 – TheNewswire - Ashley Gold Corp. (CSE: “ASHL”) (“ Ashley ” or the “ Company ”) is pleased to update the market with an addition to its Advisory Board.

President Noah Komavli; “I have had the pleasure of working closely with Jeffrey at Cascade Copper, and his depth of knowledge in the gold exploration and development space will be invaluable to Ashley as we advance our Dryden area portfolio. I look forward to his advice on all matters.”

Incoming Advisor, Jeffrey Ackert;

“I am pleased to join Ashley Gold as an advisor and contribute the benefit of more than four decades of experience in gold exploration, mine development, and project evaluation,” stated Jeffrey Ackert. “The Company's portfolio offers compelling exploration opportunities, and I believe the Tak Patents represent a particularly significant asset. Having previously been part of the Lac Minerals portfolio, these claims have long been recognized for their geological potential. I look forward to working with the Ashley Gold team as they apply modern exploration techniques to advance this underexplored property within one of Ontario's most prospective and rapidly evolving gold camps.”

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Figure 1: Mr. Ackert at Ashley’s Core Shack - Viewing Tak Core

About Jeffrey Ackert

Mr. Ackert is a veteran geologist and executive with over four decades of discovery success across global frontiers. He launched his career in the 1980s booming mining sector, driving regional exploration for powerhouse firms like St. Joe Minerals, Bond Gold Canada, and Lac Minerals. By 1990, he transitioned to the frontline as Mine Geologist at the historic Golden Patricia Mine (later acquired by Barrick Gold Corp), mastering the critical intersection of production and exploration.

Recognizing his global vision, Orezone Resources tapped him as VP of Exploration in 1996 to unlock West Africa's gold potential, later elevating him to VP of Technical Services in 2005. Presently Mr. Ackert serves as CEO and President of Cascade Copper Corp. (CSE:CASC), which has acquired a pipeline of high potential copper and gold projects in Canada. A proven entrepreneur, Jeff co-founded C3 Metals, spearheading the discovery of major copper porphyry and skarn systems in Peru and Jamaica. He holds a BSc. in Geology from the University of Toronto.

ABOUT ASHLEY GOLD CORP.

Ashley Gold Corp. 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% ownership in Burnthut (including Tak Patents), Howie, Alto-Gardnar claims as well as in British Columbia with the Icefield Portfolio having two highly prospective claim packages, which are out under option.

For more information, please refer to the Company’s information available on SEDAR+  (www.sedarplus.ca), or visit us at www.ashleygoldcorp.com .

Contact Information

On behalf of the Board of Directors,

Noah J. Komavli, P.Eng, President, Director

C: (647) 567-9840

E: info@ashleygoldcorp.com
X: KKomavli

-Or-

Darcy Christian, P.Geo, CEO

C: (587) 777-9072

E: dchristian@ashleygoldcorp.com

Connect With Ashley:

www.ashleygoldcorp.com

X: https://x.com/AshleyGoldCorp

Forward-Looking Statements

This news release includes certain “forward-looking statements” which are not comprised of historical facts. Forward-looking statements are based on assumptions and address future events and conditions, and by their very nature involve inherent risks and uncertainties. Although these statements are based on currently available information, Ashley Gold Corp. provides no assurance that actual results will meet management’s expectations. Factors which cause results to differ materially are set out in the Company’s documents filed on SEDAR+ ( www.sedarplus.ca ). Undue reliance should not be placed on “forward-looking statements.”

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