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A.I.S. Resources Limited AISSF


Primary Symbol: V.AIS

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.


TSXV:AIS - Post by User

Post by Goldy63on Aug 10, 2021 1:27pm
153 Views
Post# 33678853

We Should Be Getting Assays Soon .

We Should Be Getting Assays Soon .Been picking away and accumulating shares and whats not to like about the fact we are the closest claim to Kirkland lake with Lithium and Gold in the works. 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 production of 157,993 ounces @ 28.1 Au making it one of the most profitable gold mines in the world. AIS will continue drilling at Toolleen as soon as soil sampling is completed in the new area and hopes to identify quartz spurs branching out from the main Toolleen fault zone which we anticipate will be mineralized with gold. Soil sampling will start in August once the heavy seasonal rains abate, followed by RC drilling to hone in on these structures(Quote) With news coming from Yalgogrin, NSW Australia 

We are pleased to report that diamond drilling has now been completed to a depth of 183m at the Asia Wyalong drill site under the old Asia-Wyalong mine which had an historical average Au grade of 37g/tonne. Logging, sampling and submission of drill core for assays is underway. Core has been split for holes 2-4, and 5-8 are currently being split and sampled. Samples will be sent to Onsite Laboratories for assays. 70 core samples (ID:YD0487-YD0556) have been delivered for gold fire assay. We will then interpret results with respect to logged structures-assays and soil results to confirm structures.(Quote) And if its anything like ESNR then we are all in for a big treat folks. Patience pays and info is indeed power . Cheers .Martyn Element Chairman stated, “Our goal at Toolleen is to find a deposit similar to Kirkland Lake’s Fosterville mine. The massive E79 Resources (CSE: ESNR) discovery, which has many similarities to AIS’s exploration work, shows how using modern methods can be hugely successful. Due to the success of our recent financing we have the available funds to aggressively continue exploring the rich potential of our properties.”

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