A.I.S. Resources’ Saint John Copper/Gold/Antimony Project Gets TSXV Acceptance

A.I.S. Resources Limited has secured TSXV Exchange acceptance for its strategic earn-in agreement with ASX-listed Riversgold Ltd., positioning the company to acquire up to a 75% interest in the Saint John IOCG/Porphyry Project in New Brunswick. The transaction structure allows AIS to earn 51% by investing CAD $1.4 million over two years, with the option to increase to 75% ownership through an additional CAD $3 million investment in years three and four.

The Saint John Project represents a significant opportunity in Canada's critical minerals sector, covering 101 square kilometers in a proven mining jurisdiction just 20 kilometers west of Saint John. The project targets multiple commodities including gold, silver, copper, and antimony—positioning it strategically within both precious metals and energy transition materials markets. Surface sampling results have been particularly encouraging, with the Little Lepreau Prospect returning gold grades up to 41.6 g/t, silver up to 1,600 g/t, and copper up to 7.64%, while the Prince of Wales Prospect has yielded gold up to 11.4 g/t and copper up to 10.55%.

The project benefits from exceptional infrastructure advantages, including proximity to highways, rail networks, deep-water ports, and power stations, along with access to a skilled local workforce. With a maiden 2,000-meter drilling program approved for 2025-2026 and plans to expand geophysical surveys across the entire property, AIS is well-positioned to advance this district-scale exploration target. The combination of high-grade surface mineralization, strategic commodity exposure, and excellent infrastructure makes this acquisition a potentially transformative opportunity for AIS in the evolving critical minerals landscape.

The transaction structure provides Riversgold with a 25% free-carried interest through to production decision, with conversion to a 2% NSR if diluted below 10%. This arrangement allows AIS to control project development while providing Riversgold with meaningful upside participation, creating an aligned partnership structure for advancing the project through its next phases of exploration and development.