A.I.S. Resources Ltd. has concluded the initial drill program at the Bright Property with a total of 597.6m metres drilled at Golden Bar and 523.6m drilled at Reliance prospect for a total of 1,121.2m drilled from May 2022 to February 2023. Highlights are: Golden Bar GBDD003 returned; 75.35 to 77.1m, 1.75m @ 1.57 g/t Drill hole GBDD006 encountered [...]
A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 16,240,000 warrants expiring on May 9, 2023. The share purchase warrants were issued pursuant to a private placement of 16,240,000 units accepted for filing by the TSXV on April 5, 2022. The warrants will be extended for a period of one [...]
A.I.S. Resources Ltd. announces that Recharge Resources has exercised its option to acquire Pocitos 1 from Spey Resources . In accordance with AIS' option agreement with Spey and AIS' underlying option agreement with Ekeko S.A., AIS will receive net proceeds as follows: POCITOS 1 Cash Value of Shares Total Consideration Receive from Spey $ 800,000 [...]
A.I.S. Resources Ltd. is pleased to announce the appointment of Andrew Neale as a director of the Company. Andrew is a Canadian engineer who has been involved in all aspects of the mining industry since the late 80s. Starting his career in Canada with Falconbridge and Noranda, Andrew joined PT Freeport Indonesia in 1993, completing his career with [...]
A.I.S. Resources Ltd. congratulates Recharge Resources on signing an option agreement with Spey Resources Corp. whereby Recharge may acquire up to a 100% undivided interest in the Pocitos 2 Project. AIS retains a 7.5% royalty of the FOB price of lithium carbonate or other lithium compounds sold on Pocitos 1 & 2 pursuant to AIS' underlying Option [...]
A.I.S. Resources Ltd. announces C29 Metals Limited has intercepted a +30 m brine acquifer at Hole DDH1 on the Pocitos 7 property, which C29 has optioned from AIS. Highlights are: Maiden hole at Pocitos 7 intercepts +30m brine aquifer zone at 370m Drill Hole pumped at 2,000 litres per hour with 49mm pipe Samples taken for assay and testing with [...]
A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 15,625,000 warrants expiring on January 29, 2023. The share purchase warrants were issued pursuant to a private placement of 15,625,000 units accepted for filing by the TSXV on March 3, 2021. The warrants will be extended for a period of [...]
A.I.S. Resources Ltd. announces that Phillip Thomas has resigned from the board of directors effective January 17, 2023. Mr. Thomas will continue to provide consulting services to the Company. The Company would like to thank Mr. Thomas for his contribution and wishes him well in his future endeavours. About A.I.S. Resources Limited [...]
A.I.S. Resources Ltd. is pleased to provide an update on its exploration program at Bright Australia. Recent Highlights GBDD003 finds two shows of visible gold at 75.5m of the Golden Bar Reef AIS has commenced preparations for its fourth drill hole at Golden Reef, Highest ever gold content in soil assays of 4.53 g/t gold recorded near Rose [...]
A.I.S. Resources Ltd. announces that the Company intersected visible gold at the Golden Bar Prospect in the third hole of its current 1,500 meter program to test widths, grades and association between the Shaws, Red, Leader, Home, and Golden Bar reef systems. Figure 1: Visible gold and sulphide intersection in GBDD003 at 75.5m [...]
A.I.S. Resources Ltd. announces that it has agreed in principle with two arms-length lenders to extend by five months the term of the lenders' loans to the Company. The Company entered into loan agreements with the arms-length lenders in November, 2021 for loans in the aggregate amount of $250,000, maturing one year from the date of the respective [...]
A.I.S. Resources Ltd. announces that it has granted a 9 month option to C29 Metals Limited, listed on the Australian Stock Exchange, to explore the Pocitos 7 and 9 licences for lithium at the Pocitos Salar in Argentina. This completes the commercial agreements for all the exploration licences AIS optioned from Ekeko SA in June 2021 on the Pocitos [...]
