News Releases
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 Acquires Option on 596 sq km Exploration Licence Near Casterton, Western Victoria, Australia
Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is delighted to report that it has signed a 90 day option agreement to acquire the exploration licence EL006958 known as Casterton in the Glenelg zone, in Western Victoria, Australia.
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 Receives Favourable Initial IP Geophysics 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 commenced the Induced Polarization Geophysics survey at EL5891 on Monday 11 January 2021.
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.
A.I.S. Resources Completes 10.3 line km of DGPR Geophysics on Fosterville-Toolleen Property
Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that Derek Reeves, senior geophysicist and his team Worldwide Geological Services completed 10.3 line kilometres of Deep Ground Penetrating Radar (“DGPR”) to define the alluvial channels and geological structures on EL006001 (“EL” or “6001”).
A.I.S. Resources Signs Kirkland Fosterville Contract Senior Exploration Geologist Denis Walsh to the Full-Time Position of Chief Geologist
Vancouver, British Columbia – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that it has appointed Senior Geologist Denis M. Walsh to the position of Chief Geologist of A.I.S Resources Ltd.
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