Ashley Gold Corp. (TSE:ASHL) has released an update.
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Ashley Gold Corp. has announced the signing of a Letter of Intent to acquire the Sahara Uranium-Vanadium Property in Utah, with plans to fully earn the property over a five-year period. The acquisition includes over 40 square kilometers of land, with historical drilling data and a potential for significant resource expansion, positioning the company for potential cash flow when a nearby processing facility begins operations in 2026. CEO Darcy Christian sees this as a strategic move to enhance value and advance gold assets with reduced dilution.
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