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AIS.V ·

A.i.s. Resources Plans Aggressive 1000+ Soil Sample Program to Follow up ON Exceptional Antimony Pathfinder Results at Fosterville-Toolleen GOLD Project

Exploration Programs

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A.I.S. Resources Limited

Suite 3500–1055 Dunsmuir Street

Vancouver BC V7X 1H7 Canada

PO Box 49114

T: +1-604-687-6820

www.aisresources.com

A.I.S. RESOURCES PLANS AGGRESSIVE 1000+ SOIL SAMPLE PROGRAM TO FOLLOW UP ON

EXCEPTIONAL ANTIMONY PATHFINDER RESULTS AT FOSTERVILLE-TOOLLEEN GOLD PROJECT

Vancouver, British Columbia September 14, 2021 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the

“Company” or “AIS”) 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 the relationship between gold and the other elements such as antimony and

arsenic to direct the soil sampling program.

Martyn Element, Chairman of AIS Resources stated. “Given that antimony was the leading pathfinder element

that led to the discovery of the Kirkland Lake Fosterville Gold Mine1, one of the world’s lowest cost high-grade

gold producers, AIS is very encouraged by the exceptional antimony grade at its Fosterville-Toolleen gold

property.

AIS is planning follow-up soil sampling and then a RC drilling program in the vicinity of the higher-grade

antimony (Sb) results continuing the traverse to the east and in the area of elevated gold in the southern

traverse. AIS will use its XRF gun, a portable lab quality analyzer that measures element composition, to assess

results in real-time and further refine our direction of exploration. On-Site Laboratory is awaiting samples for

prompt ICP assay.

Phil Thomas, CEO said, “We have combined the RC drilling, soils and gravity structural geology to develop a

robust rigorous exploration program for the coming months. This second phase of exploration will assist in

developing our model of gold deposition in the Ordovician Permian lithology units around our Fosterville-

Toolleen Gold Project. Ordovician lithology is a key characteristic of the Kirkland Lake Fosterville Gold Mine.”

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A.I.S. Resources Limited

Figure 1. A.I.S. Resources Fosterville-Toolleen Gold Project map shows location of Phase 2 soil sampling.

1 Source Kirkland Lake: The Fosterville Mine is a high-grade, low cost underground gold mine features growing

gold production at increasingly high grades, as well as extensive in-mine and district scale exploration

potential. Fosterville commenced operation in 2005 and current Mineral Reserves as at December 31, 2018,

increased by a million ounces to 2.7 million ounces (2.7 million tonnes) at an average grade of 31.0 g/t,

including a Mineral Reserve in the Swan Zone totalling 2.3 million ounces (1.47 million tonnes) at an average

grade of 49.6 g/t.

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.

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A.I.S. Resources Limited

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

T: +1-323 5155 164

E: [email protected]

Or

Martyn Element. Chairman

T: +1-604-220-6266

E: [email protected]

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.