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A.I.S. Resources Limited V.AIS

Alternate Symbol(s):  AISSF

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 AveragePennyon Sep 14, 2021 10:04am
180 Views
Post# 33854390

A.I.S. Resources Plans Aggressive 1000+ Soil Sample Program

A.I.S. Resources Plans Aggressive 1000+ Soil Sample Program

Martyn Element, Chairman of AIS Resources stated: “Given that antimony was the leading pathfinder element that led to the discovery of the Kirkland Lake Fosterville Gold Mine1, one of the world’s lowest cost high-grade gold producers, AIS is very encouraged by the exceptional antimony grade at its Fosterville-Toolleen gold property.”

AIS is planning follow-up soil sampling and then a RC drilling program in the vicinity of the higher-grade antimony (Sb) results continuing the traverse to the east and in the area of elevated gold in the southern traverse. AIS will use its XRF gun, a portable lab quality analyzer that measures element composition, to assess results in real-time and further refine our direction of exploration. On-Site Laboratory is awaiting samples for prompt ICP assay.

Phil Thomas, CEO said, “We have combined the RC drilling, soils and gravity structural geology to develop a robust rigorous exploration program for the coming months. This second phase of exploration will assist in developing our model of gold deposition in the Ordovician Permian lithology units around our Fosterville-Toolleen Gold Project. Ordovician lithology is a key characteristic of the Kirkland Lake Fosterville Gold Mine.”

https://www.globenewswire.com/news-release/2021/09/14/2296312/0/en/A-I-S-Resources-Plans-Aggressive-1000-Soil-Sample-Program-to-Follow-Up-on-Exceptional-Antimony-Pathfinder-Results-at-Fosterville-Toolleen-Gold-Project.html

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