A.i.s. Resources Gravity Geophysics Reveals Highly Prospective New GOLD Drill Targets at Fosterville Toolleen GOLD Project
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A.I.S. Resources Limited
Suite 3500 – 1055 Dunsmuir Street
PO Box 49114
Vancouver BC V7X 1H7 Canada
T: +1-604-687-6820
www.aisresources.com
A.I.S. RESOURCES GRAVITY GEOPHYSICS REVEALS HIGHLY PROSPECTIVE
NEW GOLD DRILL TARGETS AT FOSTERVILLE TOOLLEEN GOLD PROJECT
Vancouver, British Columbia October 14, 2021– A.I.S. Resources Limited ( TSX: AIS, OTCQB: AISSF ) (the
“Company” or “AIS”) 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 normalizing was 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 Gen Sequencing) Enhanced
Ground Gravity processing, Gravity Grid enhancements and Gravity Multi-Scale Edge detection were used to
refine locations of mineralization.
Figure 1 – R1 and R2 have been interpreted as second order faults to the Mt Pleasant Creek Fault in the
hanging wall of the major Mt William Fault. Second and third order faults are key mineralization hosts.
Alluvial gold in the creek has possibly originated near the fault zone. The red circles show the major drill
targets. These are associated with reverse faulting and cross-cutting structures. U and D are dip direction.
Red arrows point to plunge direction.
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 underway. Ultra-fine clay analysis using ICP as
developed by Australia’s leading scientific institution CSIRO is going to be used to provide a more accurate
location of mineralization.
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A.I.S. Resources Limited
Figure 2 – Tenement Map showing the Mt William Fault, Heathcote Fault and the Mt Pleasant Creek Fault
(dotted black line). Kirkland Lake (Agnico Eagle) Fosterville tenement is outlined in red to the left. The blue
area is the Permian age (Pbx) and the aqua area is the Ordovician age (Ocl) where gold mineralization has
been found.
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 Limited
A.I.S. Resources Limited is a publicly traded investment issuer listed on the TSX Venture Exchange focused on
precious and base metals exploration. AIS’ 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 our portfolio. The Company is managed by a team of experienced
geologists and investment bankers, with a track-record of successful capital markets achievements.
AIS owns 100% of the 28 sq km Fosterville-Toolleen Gold Project located 12 km from Kirkland Lake’s Fosterville
gold mine (subject to completion of certain exploration expenditures), a 60% interest in the 58 sq km New
South Wales Yalgogrin Gold Project (with the right to acquire 100%), and 100% interest in the 167 sq km
Kingston Gold Project in Victoria Australia near Stawell and Navarre. It also has joint venture interests with
Spey Resources Corp in lithium brines in Argentina at Incahuasi and Pocitos salars.
On Behalf of the Board of Directors,
A.I.S. Resources Ltd.
Phillip Thomas, President & CEO
Corporate Contact
For further information, please contact:
Phillip Thomas, Chief Executive Officer
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A.I.S. Resources Limited
T: +1-323 5155 164
Or
Martyn Element. Chairman
T: +1-604-220-6266
Website: www.aisresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
ADVISORY: This press release contains forward-looking statements. Although the Company believes that the
expectations reflected in these forward-looking statements are reasonable, undue reliance should not be
placed on them because the Company can give no assurance that they will prove to be correct. Since forward-
looking statements address future events and conditions, by their very nature they involve inherent risks and
uncertainties. The forward-looking statements contained in this press release are made as of the date hereof
and the Company undertakes no obligations to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or otherwise, unless so required by
applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.