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AIS Resources Ltd (2)
Symbol AIS
Shares Issued 36,956,867
Close 2026-05-19 C$ 0.07
Market Cap C$ 2,586,981
Recent Sedar+ Documents

A.I.S. Resources expands landholdings at Saint John

2026-05-21 12:44 ET - News Release

Mr. Marc Enright-Morin reports

A.I.S. RESOURCES ACQUIRES MORE PROSPECTIVE GROUND AND COMMENCES FIELD EXPLORATION OF SAINT JOHN PROJECT, NEW BRUNSWICK

A.I.S. Resources Ltd. has expanded landholdings at its Saint John project, New Brunswick, and has commenced field exploration activities on the properties.

The company has staked one additional mineral claim, Claim 12483, consisting of 47 claim cells covering approximately 1,175 hectares. The newly acquired claim is located southwest of the company's existing claim blocks and increases the company's prospective land position in the Saint John area to 12,550 hectares in four claim blocks.

The company has also commenced a field exploration program on the Saint John project. The program includes ground prospecting, geological mapping and rock sampling, and will also cover the newly acquired claim area. The program's objective is to evaluate areas with limited historical sampling, identify additional mineralized zones and exploration targets, and assist in prioritizing potential drill targets for the company's planned diamond drilling program.

Based on historical exploration work, the Saint John project currently includes three principal prospect areas: Prince of Wales, where copper, gold, silver and lead mineralization has been reported; Little Lepreau, where copper, gold, antimony and silver mineralization has been reported; and Headaway, where copper, gold, and silver mineralization has been reported.

Marc Enright-Morin, chief executive officer of A.I.S. Resources, said: "The expansion of our land position at the Saint John project is an important step in consolidating a prospective exploration package in a region with encouraging historical mineral occurrences. With fieldwork now under way, our technical team is focused on advancing the project through systematic prospecting, mapping and sampling. This work is intended to improve our understanding of the mineralized systems, fill gaps in the historical data set, and help define priority targets for follow-up drilling. We believe the Saint John project offers strong exploration upside, and we look forward to updating shareholders as results become available."

The company believes that the expanded land position provides additional exploration potential along prospective trends associated with the known mineral occurrences. Results from the current field program will be used to refine the geological model and support future exploration planning.

Technical information in this news release has been reviewed and approved by Afzaal Pirzada, PGeo, vice-president of exploration, who is a qualified person under the definitions established by National Instrument 43-101.

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded company listed on the TSX Venture Exchange. The company focuses on natural resource opportunities, aiming to unlock value by acquiring early stage projects, and providing the necessary technical and financial support to develop them. A.I.S. is guided by a seasoned team of engineers, geologists and finance professionals with a proven record of success in capital markets.

We seek Safe Harbor.

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