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AIS Resources Ltd
Symbol AIS
Shares Issued 172,975,409
Close 2021-10-13 C$ 0.055
Recent Sedar Documents

A.I.S.'s Fosterville Toolleen survey finds Au targets

2021-10-14 07:55 ET - News Release

Mr. Phillip Thomas reports

A.I.S. RESOURCES GRAVITY GEOPHYSICS REVEALS HIGHLY PROSPECTIVE NEW GOLD DRILL TARGETS AT FOSTERVILLE TOOLLEEN GOLD PROJECT

A.I.S. Resources Ltd. has received a geophysics reprocessing report from Nordic Geoscience. The red circles in an image on the company's website show the major drill targets on R1 and R2 on the second order faults resulting from the analysis. Second and third order faults are key mineralization hosts where gold may be found. A number of filters and normalizing were applied to the data that screened out signal noise and revealed at least three major structures to be drilled. The latest techniques using NGS (next-generation sequencing) enhanced ground gravity processing, gravity grid enhancements and gravity multiscale edge detection were used to refine locations of mineralization.

An additional gravity survey will be run to fill in the southern area of the tenement to enhance the accuracy of the interpretation. Soil sampling as recommended is already under way. Ultrafine clay analysis using ICP (inductively coupled plasma) as developed by Australia's leading scientific institution, Commonwealth Scientific and Industrial Research Organization, is going to be used to provide a more accurate location of mineralization.

Technical information in this news release has been reviewed and approved by Phillip Thomas, BSc, Geol, FAusIMM, MAIG, MAIMVA (CMV), who is a qualified person under the definitions established by the National Instrument 43-101.

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded investment issuer listed on the TSX Venture Exchange focused on precious and base metals exploration. A.I.S.'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 the company's portfolio. The company is managed by a team of experienced geologists and investment bankers, with a record of successful capital markets achievements.

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