• A.I.S. Resources (V.AIS) completes initial drill program at its Bright Property in Australia
  • The company drilled 597.6 metres were drilled at the Golden Bar Prospect and 523.6 metres were drilled at the Reliance Prospect
  • In total, 1,121.2 meters were drilled between May 2022 and February 2023
  • Highlights at Golden Bar GBDD003 returned 75.35 to 77.1 metres, 1.75 metres at 1.57 g/t gold
  • Drill hole GBDD006 demonstrated good signs of gold mineralization
  • Shares of A.I.S. Resources (AIS) are unchanged at C$0.015

A.I.S. Resources (V.AIS) completes initial drill program at its Bright Property in Australia.

The company drilled 597.6 metres at the Golden Bar Prospect and 523.6 metres at the Reliance Prospect.

In total, 1,121.2 metres were drilled between May 2022 and February 2023 at the Bright Property.

Some of the highlights include Golden Bar GBDD003 returning 75.35 to 77.1 metres, 1.75 metres at 1.57 g/t, including 0.3 metres at 2.13 g/t of visible gold.

Drill hole GBDD006 also demonstrated signs of gold mineralization.

The company said the Golden Bar drill program was intended to test the geological model down lunge of the historic reef workings of Shaw, Home and Red Leader.

Historical production at Golden Bar and adjacent reefs was 58,753 tons of ore for 20,479 ounce of gold at a grade of 10.84 g/t.

A.I.S. Resources is focused on lithium, gold, and other precious and base metals exploration.

Shares of A.I.S. Resources (AIS) are unchanged at C$0.015 .

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

@ the Bell: TSX powers through to close week higher

Canada’s main stock index inched up on Friday. The only drag on the TSX was a drop in the energy sector while mining led…