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AIS Resources Started Drilling Today on Yalgogrin Gold Property, Lachlan Fold Belt, NSW, Australia

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is delighted to report that Drillit Consulting from Parkes NSW have mobilized their diamond drill rig and commenced drilling today for a 1,000m drill program on the highly prospective gold bearing Neighbours Farm Prospect, part of the 60% owned Yalgogrin Property on the Lachlan Fold Belt, NSW, Australia.

AIS Resources to Begin Drilling 1000M in First Week of March 2021 at Yalgogrin Gold Project

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is delighted to report that Fender Geophysics has completed the Gradient Array Induced Polarization and Dipole-Dipole Geophysics survey at EL5891 Yalgogrin gold project with chargeability readings of 5-7.5mv/v over the targeted area that are up to five times background values.

AIS Resources Holds February Conference Call to Update Investors

AIS Resources’ Phil Thomas and Martyn Element provide an update about the company’s new advanced gold project acquisitions and the current exploration actvities and future plans. This is a region that has been referred to as ‘Elephant Territory’ because of the numerous gold mines discovered and located there.

A.I.S. Resources Announces Closing of $1.25 Million Financing

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces it has closed its non-brokered private placement of 15,625,000 units (“Units”) at a price of $0.08 per unit for gross proceeds of $1,250,000. (the “Private Placement”).

A.I.S. Resources Amends Financing Terms

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that it is amending the terms of its non-brokered private placement previously announced on January 7, 2021. The expiry of the warrants has been increased to 24 months from closing and the warrants will not be subject to accelerated expiry.

A.I.S. Resources Announces Financing

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces a non-brokered private placement of up to 15,625,000 units (“Units”) at a price of $0.08 per unit for gross proceeds of $1,250,000. (the “Private Placement”). The proceeds will be used for exploration of the Company’s gold projects and general working capital purposes.

A.I.S. Resources Announces Grant of Options

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that the Company has granted a total of 2,250,000 incentive stock options to various directors, and consultants of the Company in accordance with the Company’s stock option plan.

A.I.S. Resources Preliminary Radar Geophysics shows prospective geological structures at Fosterville-Toolleen Gold Property

Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that the initial results from the Deep Ground Penetrating Radar of the Fosterville-Toolleen Gold Property have been received. Response anomalies are evident in the preliminary results with early output provided by LozaRadar in a colored 2D section set out below. The strong near surface response is yet to be fully interpreted, however, early data analysis suggests the existence of a shallow channel development that may be gold bearing.