Mr. Marc Enright-Morin reports
A.I.S. RESOURCES ANNOUNCES LAND PACKAGE EXPANSION
A.I.S. Resources Ltd. has increased its land package in Southwestern New Brunswick. The company held 9,555 hectares and has acquired an additional 16,128 hectares, increasing its total land position to 25,683 hectares (256.8 square kilometres) across Southwestern New Brunswick.
A.I.S. chief executive officer Marc Enright-Morin said: "Having spent more than 30 days in the field alongside our geological team, I have seen firsthand the scale of the mineralization and alteration systems being identified across the region. As our understanding of the geology has evolved, it has become increasingly clear that prospective mineralized trends extend beyond the boundaries of our original claim holdings. This led us to significantly expand our land position to secure additional prospective ground and strengthen our exposure to what we believe is an emerging district-scale exploration opportunity in southwestern New Brunswick."
About the Saint John project
The Saint John project is considered prospective for iron-oxide-copper-gold-style mineralization based on regional geological setting and the company's current exploration model. The property remains at an early stage of exploration, and further work is required to determine whether IOCG-style mineralization is present on the property. The IOCG exploration targets provide strategic exposure to gold, silver (precious metals), copper (energy transition metal), antimony and rhenium (critical minerals) as shown in the historical sampling data.
About the Pocologan project
The Pocologan project is an early stage copper-gold-silver exploration project located in New Brunswick, Canada. The project is interpreted by the company to have potential for iron-oxide-copper-gold (IOCG) or magmatic copper-gold style mineralization, as well as structurally controlled copper-silver-gold targets. Vendor compilation materials identify several target areas, including the Pennfield Station-Pocologan River and Red Head Harbour areas, where historical surface prospecting reportedly outlined copper, gold and silver mineralization associated
with gabbroic, granodioritic, altered and sheared host rocks. The project covers approximately 21.5 square kilometres in Southern New Brunswick, an established
Canadian mining jurisdiction. The project area benefits from favourable infrastructure, including proximity to highways, rail, power, the deepwater port facilities at Saint John and a skilled regional work force.
About the Frenchmans Creek project
The Frenchmans Creek project is an early stage, district-scale copper-gold-silver exploration project focused on IOCG/magmatic copper-gold and structurally controlled copper-silver-gold targets. Vendor compilation materials identify several target areas, where surface prospecting has outlined copper, gold and silver mineralization associated with gabbroic, granodioritic and altered/sheared host rocks. The project remains at an early exploration stage, and requires systematic verification, mapping, sampling and geophysical work before any conclusions can be made regarding continuity or economic potential.
Technical information in this news release has been reviewed and approved by Afzaal Pirzada, PGeo, vice-president of exploration, who is a qualified person under the definitions established by National Instrument 43-101. The qualified person has reviewed the vendor-supplied presentation materials referenced herein; however, the company has not yet completed sufficient independent verification of all historical and vendor-supplied assay data. Reported sample results are selective in nature and should not be considered representative of the average grade or true width of mineralization on the project.
About A.I.S. Resources Ltd.
A.I.S. Resources is a publicly traded company listed on the TSX Venture Exchange. The company focuses on natural resource opportunities, aiming to unlock value by acquiring early stage projects and providing the necessary technical and financial support to develop them. A.I.S. is guided by a seasoned team of engineers, geologists and finance professionals with a proven record of success in capital markets.
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