A.I.S. Resources Ltd. provides an updated report on exploration progress at Yalgogrin Gold Project, NSW Australia in preparation for the RC drill program. Nine Diamond Drill Holes Completed Gold and multi-element results for all 9 diamond drillholes have been received for a total of 1,538m including one hole at the Asia Wyalong mine. Structural geology observations indicate gold mineralization is controlled by alteration [...]
A.I.S. Resources Ltd. announces Phase 2 exploration program beginning with an aggressive 1000 soil sample program to follow up on the high-grade antimony results at its Fosterville-Toolleen gold property. The multi-element results for the RC drilling program conducted at Toolleen have been processed using IoGas special-purpose software to measure the relationship between gold and the other elements such as antimony and [...]
A.I.S. Resources Ltd. announces the discovery of elevated antimony levels in the eastern portion of the Company's Fosterville-Toolleen Gold Project. AIS Resources CEO Phil Thomas emphasized, "This is a major breakthrough for our exploration team's efforts at our Toolleen Fosterville Gold Project. It is well known that antimony is a key pathfinder for gold as is evident at the neighbouring Kirkland Lake Fosterville Gold [...]
A.I.S. Resources Ltd. announces after successful financing it will soon start additional drilling at its highly prospective Australian properties at Toolleen, Yalgogrin and Kingston. Highlights Toolleen Fosterville The Toolleen exploration licence located 10km from Fosterville, is the closest exploration property to Kirkland Lake's 7.58 Moz Au Fosterville Gold Mine in Victoria, Australia which reported record Q2 2021 [...]
A.I.S. Resources Ltd. announces the Company's optionee Spey Resources Corp. has engaged Amaru Mining Services and preparations are being made to commence drilling at the Incahuasi Salar, Argentina in the next three weeks. The drilling will take place in the locations shown below: Figure 1: Red stars show drill hole locations 1 -5 https://www.globenewswire.com/NewsRoom/AttachmentNg/c73a3793-c98f-4d5f-9d6d-33a0fafacd0c The [...]
A.I.S. Resources Ltd. announces that effective July 9, 2021 the Company's ISIN changed from "BS0014301076" to "CA0014311058". Concurrently, the Company's CUSIP changed from "001430107" to "001431105". The change was due to a change of jurisdiction. There was no change in the Company's name, no change in its trading symbol and no consolidation of capital. About A.I.S. Resources Limited A.I.S. Resources Ltd. is a publicly [...]
A.I.S. Resources Ltd. announces the Company has closed its oversubscribed non-brokered private placement of 10,547,500 units at a price of $0.08 per unit for gross proceeds of $843,800 . The proceeds will be used for exploration of the Company's Australian gold projects and for general working capital purposes. Martyn Element, Chairman of the Board stated, "We are pleased to close this oversubscribed placement. The funds [...]
A.I.S. Resources Ltd. announces that it has entered into an Option Agreement with Spey Resources Corp. dated June 23, 2021 to grant Spey an Option to acquire a 100% interest in the Pocitos I and Pocitos II claims located in Salta, Argentina. AIS also announces a non-brokered private placement of up to 10,000,000 units at a price of $0.08 per unit for gross proceeds of $800,000 . The proceeds will be used for general [...]
A.I.S. Resources Ltd. has completed its first drilling campaign at its Fosterville-Toolleen Gold Project, in Victoria, Australia. Thirty one holes in three lines were drilled to a depth of 60 metres using percussion and reverse circulation drilling. Significant quartz intercepts were encountered close to the gravity anomaly. Examination of the lithology showed that we had intercepted the same age of turbidite shales that [...]
A.I.S. Resources Ltd. reports that drilling has now commenced on the Company's Fosterville-Toolleen Gold Project in Victoria Australia, following successful interpretation of the ground based gravity survey. The Fosterville Toolleen Gold Project is located 12 km east of Kirkland Lake's Fosterville gold mine - currently one of the richest gold mines in Australia. Phil Thomas, AIS's CEO commented, "The initial test drilling [...]
A.I.S. Resources Ltd. reports that the assay analysis from YDD1 at Neighbour's Farm historic mine workings, the first diamond drill hole at its Yalgogrin Gold Project, NSW, Australia has been completed by SGS Australia. Extensive gold mineralisation was intersected from 58m through to the end of hole at 162.3m with gold mineralisation remaining open at depth and returning gold Intercepts over 87m averaging 1.5g/t. The [...]
A.I.S. Resources Ltd. and Tech One Lithium Resources Corporation , is delighted to report that the Company has commenced exploration at the Candela II property at Incahuasi Salar . In summary, AIS earned a 20% interest in Mining Licence File Number 23262 covering 3 sq kilometres on the Incahuasi Salar in the lithium triangle in Argentina by negotiating the property, and developing an exploration and processing plan for [...]
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