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Ashley Gold Receives Ontario Grant for Drilling
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Ashley Gold Receives Ontario Grant for Drilling

Story Highlights
  • Ashley Gold Corp. has received a grant to fund half of the Burnthut Program’s drilling costs.
  • The grant helps Ashley Gold minimize dilution and proceed with testing high-grade discoveries.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Ashley Gold Corp. (TSE:ASHL) has released an update.

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Ashley Gold Corp. has received a grant from the Ontario Junior Exploration Program to fund half of the estimated drilling costs for its Burnthut Program, amounting to $83,175. This financial support allows the company to proceed with testing high-grade discoveries while minimizing shareholder dilution. Drilling is expected to start by mid-January.

For further insights into TSE:ASHL stock, check out TipRanks’ Stock Analysis page.

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