A.I.S. Resources Ltd. announces that it is increasing the price of the previously announced non-brokered private placement from $0.02 to $0.04 per unit. . The private placement at the revised price will consist of up to 18,675,000 units for gross proceeds of up to $747,000. Each Unit consists of one common share and one transferrable share purchase [...]
A.I.S. Resources Ltd. announces commencement of due diligence on the Yalgogrin orogenic gold project with a detailed review of RC and Air Core drilling sample trays and surface samples and identification of six reefs in Sheehans historic mine area. Fig 1 & Fig 2 [...]
A.I.S. Resources Ltd. announces a non-brokered private placement of up to 37,350,000 units at a price of $0.02 per unit for gross proceeds of $747,000. . The proceeds will be used for general working capital purposes. Each Unit consists of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to [...]
A.I.S. Resources Ltd. announces that on July 17, 2020 the Company entered into a binding letter of intent , to acquire the Yalgogrin orogenic gold project , with Auger results of 12.5 gm/t and 32.3 gm/t, and 14 DDH’s with intercepts ranging from 1.9 gm/t to 1m at 21.5 gm/t. The Project is located in the historic West Wyalong gold corridor of [...]
A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 7,100,000 warrants expiring on July 17, 2020. The share purchase warrants were issued pursuant to a private placement of 7,100,000 shares accepted for filing by the TSXV on July 18, 2019. The warrants will be extended for a period of one [...]
A.I.S. Resources Ltd. is pleased to announce that it has settled its debt receivable from MGX Minerals Inc. . On November 1, 2019, the Company commenced an action against MGX in the Supreme Court of British Columbia claiming unpaid fees for exploration and related services. AIS and MGX have entered into a settlement agreement under which the [...]
A.I.S. Resources Ltd. announces that it has received payment for the first 292 DMT of Manganese fines sold in November 2019. There was no discrepancy between the China Import Quarantine and Veritas Peru certificate of chemical analysis. The buyer paid the benchmark price of US$3.70 per DMTU and the final grade was 42.75% Mn. AIS has sourced very [...]
A.I.S. Resources Ltd. announces that it intends, subject to TSX Venture Exchange approval, to extend the term of 12,622,222 warrants expiring on February 26, 2020. The share purchase warrants were issued pursuant to a private placement of 12,622,222 shares accepted for filing by the TSXV on March 1, 2019. The warrants will be extended for a period [...]
A.I.S. Resources Ltd. announced today that the Company has entered into an access agreement with the land owner to conduct exploration on an existing manganese mine and major deposit northwest of Panama City near Palenque, Panama. Highlights of the A.I.S. Resources Transaction The project was visited on October 17, 2019 and samples were taken from [...]
A.I.S. Resources Ltd. announced today that the Company has arranged supply of 30,000 tonnes a month of Manganese ore grading 48-52% Mn and has commenced sale negotiations with Erdos Group, one of the world’s largest buyers of Manganese. AIS has issued a term sheet for a trial shipment of 10,000 tonnes of Manganese to Erdos. Highlights of the [...]
A.I.S. Resources Ltd. announced today that the Company has arranged 1,500 tonnes a month of manganese supply. Highlights of the AIS Resources Manganese Production from Peru: AIS has contracted 1,500 tonnes per month of supply from the following sources ° Arce Manganese group has 1,000 tonnes available for supply and can provide 1,000 tonnes per [...]
A.I.S. Resources Ltd. announced today that it has reached agreement on an option to acquire an initial 51% interest in a gold mine in Northern Peru producing up to 5kg gold per week with average revenues of US$75,000 per month. AIS will earn a 51% interest by contributing US$500,000 in equipment and technical expertise to increase the mine’s [...]
