A.I.S. Resources Ltd. announces that the Company intersected visible gold at the Golden Bar Prospect in the third hole of its current 1,500 meter program to test widths, grades and association between the Shaws, Red, Leader, Home, and Golden Bar reef systems. Figure 1: Visible gold and sulphide intersection in GBDD003 at 75.5m https://www.globenewswire.com/NewsRoom/AttachmentNg/23f4ef63-352a-4f59-bee1-2c3fe7e846c9 Visible [...]
A.I.S. Resources Ltd. announces that it has agreed in principle with two arms-length lenders to extend by five months the term of the lenders' loans to the Company. The Company entered into loan agreements with the arms-length lenders in November, 2021 for loans in the aggregate amount of $250,000, maturing one year from the date of the respective loan agreements. The loans bore interest at the rate of 6% per annum. An [...]
A.I.S. Resources Ltd. announces that it has granted a 9 month option to C29 Metals Limited, listed on the Australian Stock Exchange, to explore the Pocitos 7 and 9 licences for lithium at the Pocitos Salar in Argentina. This completes the commercial agreements for all the exploration licences AIS optioned from Ekeko SA in June 2021 on the Pocitos Salar. C29 Option Agreement - Key Elements Option Fees US$25,000 first [...]
A.I.S. Resources Ltd. is pleased to announce the appointment of Martyn Element as CEO and President of the Company. Martyn Element has served as Chairman of AIS since 2014. Martyn has been instrumental in raising over a half billion dollars in financing for public and private companies. Martyn brings a skill set of identifying needs and developing strategic plans and has a proven track record of successfully advising and [...]
A.I.S. Resources an innovative and advanced stage lithium and gold exploration company provides an update on the development of its projects. With the large number of activities AIS is currently participating in, the Company is providing this summary for shareholders. “Our company focus is on discovering and adding value to exploration projects in the lithium and gold mining sectors,” stated Martyn Element, Chairman of [...]
A.I.S. Resources Ltd. announces that the Company has identified four low impact drill hole locations in the newly developed Reliance Reef area. Drilling, has been designed to test the exploration prospect at Reliance and evaluate the drill rig suitability for resource drilling at Golden Bar. The Company is collaborating with the State Government roads manager and the Company's community relations team is continuing to [...]
A.I.S. Resources announces the Company has closed its non-brokered private placement of 16,240,000 units at a price of $0.035 per unit for gross proceeds of $568,400. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at a price of $0.05 per common share for a period of 12 months from the closing date of the [...]
A.I.S. Resources Ltd. announces that the Company has completed logging the 39 trays of GHD002 drill hole core from the Golden Bar Reef. These core samples have been sent to Trentham for splitting, and then to the lab for assaying. Further work has been completed in the Pioneer and Reliance mine areas including using LiDAR , substantial soil sampling and mapping to identify the next drill targets. As announced on January [...]
A.I.S. Resources Ltd. announces that due to continued demand the Company has further increased its previously announced non-brokered private placement to 17,500,000 Units at a price of $0.035 per Unit for gross proceeds of up to $612,500 . The proceeds will be used for general working capital and exploration of the Company's gold projects in Australia. The Company may pay finders fees of up to 8% cash and 8% finders [...]
A.I.S. Resources Ltd. announces that due to demand the Company has upsized its previously announced non-brokered private placement for gross proceeds of up to 14,500,000 Units at a price of $0.035 per Unit for gross proceeds of $507,500 . The proceeds will be used for general working capital and exploration of the Company's gold projects in Australia. The Company may pay finders fees of up to 8% cash and 8% finders [...]
A.I.S. Resources Ltd. announces a non-brokered private placement of up to 11,500,000 Units at a price of $0.035 per Unit for gross proceeds of $402,500 . The proceeds will be used for general working capital and exploration of the Company's gold projects in Australia. The Company may pay finders fees of up to 8% cash and 8% finders warrants on a portion of the placement. Each Unit consists of one common share and one [...]
A.I.S. Resources Ltd. announces that the Company along with its joint venture partner Spey Resources Corp. has acquired the Candela II Project in the Incahuasi Salar in Argentina. The Company paid US$1 million to purchase 100% interest in the project. Concurrently SPEY exercised its option with AIS to acquire an 80% interest in the Candela II Project by paying US$1 million to the Company. AIS retains a 20% interest in the [...]
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