Agreement On The Sahara Uranium-Vanadium Property

CALGARY - Ashley Gold Corp. has executed a property option agreement with San Rafael Resources LLC  for the acquisition of the Sahara uranium-vanadium property, located in Emery County, Utah.

Darcy Christian, CEO, said, “This is a defining moment for the Company as Ashley now has line of sight for production cash-flow to continue to develop its existing assets and provide capital for new opportunities. In addition, we have solidified a relationship with San Rafael and Greg Kofford, the Optionor, bringing his capital experience and knowledge to the table. Mr. Kofford is going to be aligned with the shareholders for the long-haul, participating in financings alongside new and existing shareholders, with the intent to grow Ashley into one of the largest public multi-district producers in North America.”