A.I.S. Resources Limited V.AIS

Alternate Symbol(s): AISSF

Metals & Mining Gold

A.I.S. Resources Limited is a Canada-based investment issuer with a primary focus on exploration and evaluation of mineral properties. The Company is engaged in the business of acquiring, exploring and, if warranted, developing and exploiting natural resource properties as well as the purchase and sale of electric vehicle battery materials. Its segment includes Other Investment and Exploration and Evaluation Assets. Its projects include Candela II Project, Toolleen-Fosterville Gold Project, Kingston Gold Project, Bright Gold Project, and Golden Triangle / Lachlan Fold Belt. The 300 hectare Candela II Project is located in the Lithium Triangle of Northern Argentina. The Toolleen-Fosterville Gold Project is located three kilometers (km) from the township of Toolleen, Victoria, Australia and 12 km from the Kirkland Lake Fosterville gold mine. The 167 square kilometers Kingston Gold Project exploration license EL6318 is located 35 km north-west from Stawell, Victoria.

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A.I.S. Resources Limited

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Post by oscar1412on Aug 12, 2019 12:38pm

300 Views

Post# 30018381

This mornings news release

Contract is for 26,000 tonnes. From previous news releases gross profit is US$ 90 to 100/tonne.

At $100/tonne, to make the arithmetic easy, gross profit US$ 2.6 million. This is only 2,000 tonnes/month. If they can move this number up to 10,000 tonnes per month then multiply the number by five to $US 13 million a year. (17 million canadian)

Lots of money for Phil Thomas to continue to work his magic and get up to the 40,000 tonnes per month !!!

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