A.I.S. Resources Ltd. announces it has acquired a 60% interest in the exploration licence EL006194 from Clarus Resources Pty Ltd. The EL006194 contains more than 250 historical gold mines, reefs and gold occurrences dating back to the 1890's. Historically the EL006194 yielded 341,000 oz gold at grades ranging between 7-9912g/t, averaging 22 g/t Au [...]
A.I.S. Resources Ltd. announces the Company has closed its non-brokered private placement of 5,000,000 shares at a price of $0.05 per Share for gross proceeds of $250,000 . The proceeds will be used for exploration of the Company's Australian gold projects and for general working capital purposes. Closing of the Private Placement is subject to [...]
A.I.S. Resources Ltd. announces its ULTRATRACE soils analysis program results at the Fosterville-Toolleen project have reconfirmed the prospectivity of the drill targets. Phil Thomas, CEO commented, "Analysis was conducted for gold, arsenic, copper, lead and eight other elements and they were all present along the litho-boundaries and target zones [...]
A.I.S. Resources Ltd. announces a non-brokered private placement of up to 5,000,000 common shares at a price of $0.05 per Share for gross proceeds of $250,000 . The proceeds will be used for general working capital and exploration of the Company's gold projects in Australia. The Company may pay finders fees of up to 8% cash and 8% finders warrants [...]
A.I.S. Resources Ltd. announces the Company has entered into loan agreements with certain parties for aggregate loan proceeds of $400,000. Loans totaling $300,000 are for the term of one year and bear interest at 3% per annum. Pursuant to the Loan Agreements and upon approval of the TSX Venture exchange the lenders shall also receive from the [...]
A.I.S. Resources Ltd. announces its drilling program is now underway at the Fosterville-Toolleen project. The driller has been contracted to commence in November and most land access permits have been signed. Aircore/RC Drilling will start on the western side of the exploration licence EL006001. AIS will initially target 20 drill holes, with an [...]
A.I.S. Resources Ltd. announces that Kirkland Lake Limited has won the tender issued by Earth Resources Victoria through the Department of Jobs Precincts and Regions. The tender was won on a commitment to spend up to $90 million on the three blocks it won. Kirkland Lake's block 3 is adjacent to A.I.S. Resources EL006001 Fosterville-Toolleen [...]
A.I.S. Resources Ltd. announces it has received the Geophysics Reprocessing Report from Nordic Geoscience. The red circles in figure one below 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 [...]
A.I.S. Resources Ltd. announces the Company has commenced a soil sampling program at its Fosterville Toolleen project, located 12 km from the Kirkland Lake Fosterville mine as a pre-cursor to its next drilling program. The sampling is taking place adjacent to the area where the high antimony and arsenic pathfinders were detected in drill hole 31 [...]
A.I.S. Resources Ltd. provides an updated report on exploration progress at Yalgogrin Gold Project, NSW Australia in preparation for the RC drill program. Nine Diamond Drill Holes Completed Gold and multi-element results for all 9 diamond drillholes have been received for a total of 1,538m including one hole at the Asia Wyalong mine. Structural [...]
A.I.S. Resources Ltd. announces Phase 2 exploration program beginning with an aggressive 1000 soil sample program to follow up on the high-grade antimony results at its Fosterville-Toolleen gold property. The multi-element results for the RC drilling program conducted at Toolleen have been processed using IoGas special-purpose software to measure [...]
A.I.S. Resources Ltd. announces the discovery of elevated antimony levels in the eastern portion of the Company's Fosterville-Toolleen Gold Project. AIS Resources CEO Phil Thomas emphasized, "This is a major breakthrough for our exploration team's efforts at our Toolleen Fosterville Gold Project. It is well known that antimony is a key pathfinder [...]
