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AIS Resources’ Australian Yalgogrin Gold Project’s first drill hole returns gold intercepts averaging 1.5g/t over 87 meters including 0.9 meters at 9.3 g/t

Nachrichtenquelle: globenewswire
15.04.2021, 14:00  |  152   |   |   

VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) -- A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the "Company" or "AIS) reports that the assay analysis from YDD1 at Neighbour’s Farm historic mine workings, the first diamond drill hole at its Yalgogrin Gold Project, NSW, Australia has been completed by SGS Australia. Extensive gold mineralisation was intersected from 58m through to the end of hole at 162.3m with gold mineralisation remaining open at depth and returning gold Intercepts over 87m averaging 1.5g/t. The best individual grades returned up to 9.3 g/t Au that are supported by consistent mineralisation hosted within the altered rock mass.

A summary of the intervals and average assays is set out below from the top of the core:

Hole ID comment Interval
From
(m)
Interval
To (m)
Drilled
Thickness
(m)
Gold Grade
(grams/tonne)
YDD001   58 88 30 1.5
  includes 63 71 8 1.8
  includes 73 74 1 5.3
  includes 80 88 8 2.5
YDD001   90 101 11 2.2
  includes 90 91 1 1.6
  includes 94 101 7 3.0
  which includes 96 97 1 8.3
YDD001   105 151 46 1.4
  includes 108 109 1 3.5
  includes 111.4 112.7 1.3 5.0
  Includes 112.7 113.6 0.9 9.3
  includes 113.6 114.3 0.7 4.6
  includes 114.3 121 6.7 1.0
  includes 127 139 12 1.5
YDD001   153 162.3* 9.3 0.6

Notes: Intervals calculated using 0.3 g/t lower cutoff, include up to 1m of internal dilution

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AIS Resources’ Australian Yalgogrin Gold Project’s first drill hole returns gold intercepts averaging 1.5g/t over 87 meters including 0.9 meters at 9.3 g/t VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) - A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the "Company" or "AIS) reports that the assay analysis from YDD1 at Neighbour’s Farm historic mine workings, the first diamond drill …

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