A.I.S. Resources Ltd. reports that drilling has now commenced on the Company's Fosterville-Toolleen Gold Project in Victoria Australia, following successful interpretation of the ground based gravity survey. The Fosterville Toolleen Gold Project is located 12 km east of Kirkland Lake's Fosterville gold mine - currently one of the richest gold mines [...]
A.I.S. Resources Ltd. reports that the assay analysis from YDD1 at Neighbour's Farm historic mine workings, the first diamond drill hole at its Yalgogrin Gold Project, NSW, Australia has been completed by SGS Australia. Extensive gold mineralisation was intersected from 58m through to the end of hole at 162.3m with gold mineralisation remaining [...]
A.I.S. Resources Ltd. and Tech One Lithium Resources Corporation , is delighted to report that the Company has commenced exploration at the Candela II property at Incahuasi Salar . In summary, AIS earned a 20% interest in Mining Licence File Number 23262 covering 3 sq kilometres on the Incahuasi Salar in the lithium triangle in Argentina by [...]
A.I.S. Resources Ltd. is delighted to report that AIS Resources has acquired from Tech One Lithium Resources Corp. a 20% interest in Mining Licence File Number 23262 covering 3 sq km on the Incahuasi Salar in the lithium triangle in Argentina. The Candela II licence neighbours Gangfeng Lithium, China's largest producer of the battery metal and [...]
A.I.S. Resources Ltd. is delighted to report that Drillit Consulting from Parkes NSW have mobilized their diamond drill rig and commenced drilling today for a 1,000m drill program on the highly prospective gold bearing Neighbours Farm Prospect, part of the 60% owned Yalgogrin Property on the Lachlan Fold Belt, NSW, Australia. Phil Thomas, CEO [...]
A.I.S. Resources Ltd. is delighted to report that Fender Geophysics has completed the Gradient Array Induced Polarization and Dipole-Dipole Geophysics survey at EL5891 Yalgogrin gold project with chargeability readings of 5-7.5mv/v over the targeted area that are up to five times background values. The results are outstanding and give us confidence [...]
A.I.S. Resources Ltd. is delighted to report that it has signed a 90 day option agreement to acquire the exploration licence EL006958 known as Casterton in the Glenelg zone, in Western Victoria, Australia. The option agreement has provision for extensions to 31 July 2021. If the option is exercised AIS can acquire the property for AUD$1,500,000 in [...]
A.I.S. Resources Ltd. announces it has closed its non-brokered private placement of 15,625,000 units at a price of $0.08 per unit for gross proceeds of $1,250,000 . The proceeds will be used for exploration of the Company's gold projects and general working capital purposes. Each Unit consists of one common share and one transferrable share [...]
A.I.S. Resources Ltd. is delighted to report that Fender Geophysics commenced the Induced Polarization Geophysics survey at EL5891 on Monday 11 January 2021. Approximately 36 line kilometres will be measured. This survey will detect the presence of sulphides and other highly conductive elements. Low-resistance anomalies such as areas with sulphides [...]
A.I.S. Resources Ltd. announces that it is amending the terms of its non-brokered private placement previously announced on January 7, 2021. The expiry of the warrants has been increased to 24 months from closing and the warrants will not be subject to accelerated expiry. All other terms of the private placement remain unchanged. Closing of the [...]
A.I.S. Resources Ltd. AIS announces a non-brokered private placement of up to 15,625,000 units at a price of $0.08 per unit for gross proceeds of $1,250,000. . The proceeds will be used for exploration of the Company’s gold projects and general working capital purposes. Each Unit consists of one common share and one transferrable share purchase [...]
In a release issued on January 7, 2021 under the same headline by A.I.S. Resources Ltd. please note that in the first sentence the number of incentive stock options granted was changed from 2,250.000 to 2,250,000. The corrected release follows: VANCOUVER, British Columbia, Jan. 07, 2021 -- A.I.S. Resources Ltd. announces that the Company has [...]