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Bullboard - Stock Discussion Forum 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... see more

TSXV:AIS - Post Discussion

A.I.S. Resources Limited > A.I.S. Resources Plans Aggressive 1000+ Soil Sample Program
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Post by AveragePenny on Sep 14, 2021 10:04am

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

Comment by itwillgo1 on Sep 14, 2021 11:46am
Thats a great update on the Toolleen.  We should be hearing about the Yalgogrin and Asia Wyalong drilling assays soon I would think. Not to mention the salars in South America that Spey Resources is working on.  
Comment by itwillgo1 on Sep 27, 2021 4:23pm
Or not.  It's been several months since assays on one hole were released.  So what's another month or two. 
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