A.I.S. Resources Provides Corporate Update
Executive Summary
The company plans to deploy these proceeds toward advancing its flagship Saint John Project in New Brunswick, a district-scale IOCG/porphyry exploration target covering 101 km². The project has demonstrated exceptional early-stage potential through surface sampling programs that have returned highly encouraging assay results across multiple prospects. At Little Lepreau, roadside quarry samples have yielded gold grades up to 41.6 g/t, silver up to 1,600 g/t, copper up to 7.64%, and antimony exceeding 1%. The Prince of Wales prospect has similarly delivered strong results with gold up to 11.4 g/t, silver up to 1,050 g/t, and copper up to 10.55%.
The Saint John Project's strategic location just 20 kilometers west of Saint John, New Brunswick, provides significant infrastructure advantages including highway access, rail connectivity, deep-water port facilities, and available skilled workforce. This positions the asset favorably for future development scenarios. The project benefits from partnership with Riversgold, which has been actively advancing the exploration program and has received regulatory approval for a 2,000-meter maiden drilling campaign at Little Lepreau.
With the company now well-capitalized, management plans to execute an expanded exploration program including surface sampling, trenching, and drone-based MobileMT and IP surveys across the entire project area with an allocated budget of approximately CAD $300,000. The upcoming maiden drill program represents a critical milestone that could significantly advance understanding of the deposit's geometry and grade continuity, potentially unlocking substantial value for shareholders in this highly prospective New Brunswick jurisdiction.
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