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AIS Resources Ltd
Symbol AIS
Shares Issued 117,472,909
Close 2020-12-14 C$ 0.06
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AIS Resources appoints Walsh chief geologist

2020-12-14 10:34 ET - News Release

Mr. Phillip Thomas reports


AIS Resources Ltd. has appointed senior geologist Denis M. Walsh to the position of chief geologist of AIS Resources. Previously, Mr. Walsh was the senior contract exploration geologist with Kirkland Lake Gold, guiding a team of up to six geologists exploring over 1,400 square kilometres of regional exploration tenure surrounding Fosterville. The board of directors is delighted with this key appointment, which is integral to the company's development and future at the Fosterville-Toolleen, Yalgogrin and Kingston properties.

Mr. Walsh's substantial experience includes 20 years at Yalgogrin EL5891 and the last 18 months focused at Kirkland Lake Gold's Fosterville operation. His recent role included identification, assessment and communication of targets and programs to support the formulation of significant forward-looking budgets and to assist the delivery of existing budget programs. Work also involved drill-tender preparations, prospect reviews, targeting criteria and budget data for tenement applications. Typical duties also included targeting drill holes, and the planning and interpretation of deep (one km depth) drilling programs under 100-metre Murray-basin sediments utilizing partial leach soil geochemistry and geophysics data sets including gravity, magnetics, induced polarization, AEM and downhole geophysics. Assessment of programs involved structural logging, stratigraphic interpretation/section reconstruction and multielement alteration data review followed by integration of all geological, geochemical and geophysical data sets.

Mr. Walsh graduated from RMIT University, Melbourne, with a bachelor of applied science in applied geology in 1993. He is a member of the Australian Institute of Geoscientists. Mr. Walsh has deep experience exploring in the Lachlan fold belt, Victoria and New South Wales (gold, silver, copper, platinum, nickel/cobalt/scandium), New England, New South Wales (diamonds), Central goldfields, Western Australia, Norseman area (gold, nickel/copper/platinum/palladium), Gawler craton in South Australia (gold), Gippsland and Otway basins in Victoria (geothermal), Cooper basin and Gawler craton in South Australia (geothermal), and Victoria and Tasmania (environmental assessments).

About AIS Resources Ltd.

AIS Resources is an investment issuer focused on precious and base metal exploration. AIS's value-add strategy is to acquire prospective exploration projects and enhance their value by better defining the mineral resource with a view to attracting joint venture partners and enhancing the value of its portfolio. The company is managed by a team of experienced geologists, with a record of successful capital-market achievements. In November, 2020, AIS received TSX Venture Exchange approval to acquire the New South Wales Yalgogrin gold project joint venture, the Fosterville-Toolleen gold project and the Kingston gold project in Victoria, Australia.

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