- A.I.S. Resources Limited (AIS) has intersected visible gold at the Golden Bar Prospect
- The company intersected the gold in the third hole of its current 1,500-metre program to test widths, grades and associations between the Shaws, Red, Leader, Home, and Golden Bar reef systems
- This visible gold intersection was unexpected at this depth as the model anticipated the Golden Bar reef would be encountered below the 100-metre level
- A.I.S. Resources Limited is an investment issuer listed on the TSX Venture Exchange focused on lithium, gold, precious and base metals exploration
- A.I.S. Resources Limited opened trading at $0.025
A.I.S. Resources Limited (AIS) has intersected visible gold at the Golden Bar Prospect.
The company intersected the gold in the third hole of its current 1,500-metre program to test widths, grades and associations between the Shaws, Red, Leader, Home, and Golden Bar reef systems.
The third hole (GBDD003) intersected gold in a spurry quartz-carbonate vein at 75.5m associated with the Golden Bar Reef.
This visible gold intersection was unexpected at this depth as the model anticipated the Golden Bar reef would be encountered below the 100-metre level. The gold mineralization appears to occur through multiple major and minor faults.
This new intersection is within a broadly altered interval that contains arsenopyrite, sphalerite, and pyrite.
AIS drilled two holes at the Home and Golden Bar Reefs early this year, recording anomalous concentrations of over 10,000ppm 1.0 per cent arsenic, which is known to be a pathfinder for gold.
Downhole intersections are consistent with the 3D model generated from open-source LiDAR and historic mine plans.
AIS seeks to demonstrate that wide continuous mineralization occurs within the boundaries of mineralized reefs and is persistent over strike.
A.I.S. Resources Limited is an investment issuer listed on the TSX Venture Exchange focused on lithium, gold, precious and base metals exploration.
A.I.S. Resources Limited opened trading at $0.025.
