Think! Regarding AIS Res (V.AIS): Victoria has the best soil to drill, everyone who drills there is blessed! I compare the growth in AIS Res (V.AIS) similarly see Latin Res. (ASX: LRS) or Archer Materials (ASX: AX) or Meteoric Res. (ASX: MEI). or Wallbrige Mining. i.a.
The profit lies in the low entry price! The valuation under 10 million - a bargain!
The Chief Geologist of AIS Resources Ltd. Denis was previously Senior Contract Exploration Geologist at Kirkland Lake Gold, leading a team of up to 6 geologists exploring over 1,400 square kilometers of regional exploration areas around Fosterville.
ALSO: He has experience in the field and the dream to be there again and to find something big!
The Board of Directors is delighted with this important appointment, which is vital to the development and future of the company at the Fosterville-Toolleen, Yalgogrin and Kingston properties.
Denis has 20 years of experience at Yalgogrin EL5891 and the past 18 months at Kirkland Lake Gold in Fosterville.
Denis has extensive experience exploring the Lachlan Fold Belt Victoria and NSW (gold, silver, copper, platinum, nickel / cobalt / scandium), New England NSW (diamonds) and the central WA Norseman gold fields (gold, nickel / copper / Platinum / Palladium), Gawler Craton in SA (gold), Gippsland and Otway Basins in Victoria (geothermal energy), Cooper Basin and Gawler Craton in South Australia (geothermal energy), and Victoria and Tasmania (environmental impact assessments).
See also the oversubscribed private placement of 18,970,000 units at $ 0.07 per unit for gross proceeds of $ 1,327,900. in December 2020.
The Fosterville-Toolleen Gold Project comprises the 26 km² EL6001 exploration license with reported production of 7,000 tonnes at 10 g / t Au from the top 60 meters and an 88 g nugget on surface. The drill-ready property is closest (12 km) to the Fosterville Mine from Kirkland Lake Gold (NYSE: KL) - the world's lowest cost producer at $ 315 / ounce and 34.3 g / t with past and present reserves of 9 Moz * Gold .
The Kingston Gold Project is an EL6318 exploration license of 167 km² located 35 km northwest of Stawell, Victoria. The drill-ready property is flanked by Navarre Minerals (ASX: NML) and has been previously tested by BHP and WMC. The best recently recorded drill results were 3.6 meters at 16.89 g / t Au, including 2.5 meters at 24.27 g / t Au.
The Yalgogrin Gold Project comprises 56 km² of EL6030 exploration license and 2.8 km² of EL5891 gold showing located 37 km west of West Wyalong in the historic West Wyalong Gold Corridor in central New South Wales, Australia. The drill-ready project includes seven historic mines, 31 drill holes, an extensive auger and many outstanding shallow gold intercepts grading up to 32.2 g / t Au. The West Wyalong gold corridor produced 445,700 ounces of gold between 1894 and 1921.
AIS Resources' long term growth strategy is to be a junior gold producer and to continue trading and supplying manganese for the specialty metals sector.
Gold Smurf