0 von 5 - 0 Bewertungen
Vielen Dank für die Bewertung dieses Beitrags.

A.I.S. Resources Limited (TSX: AIS, FRA: 5YHA) is systematically working towards a potentially significant discovery at its Fosterville-Toolleen gold project. The project, located in the state of Victoria, Australia, is only about 12 kilometers as the crow flies from Kirkland Lake's famous Fosterville Mine, considered one of the highest-grade mines anywhere in the world. Geologists have reportedly found extremely high traces of the pathfinder elements arsenic and antimony. These same pathfinder elements had led neighbor Kirkland to several discoveries. At the time, geologist Denis Walch was the Senior Contract Exploration Geologist for Kirkland. That same Denis Walch now works for AIS Resources.

The AIS Fosterville hypothesis is now further supported by a new geophysical survey prepared by Nordic Geoscience. The red circles in Figure 1 below show the main drill targets on dashed lines R1 and R2, which are second-order faults. Second and third order faults are key mineralization locations where gold could be found. A series of filters and normalizations were applied to the data that filtered out signal noise and revealed at least three important structures to be drilled. The latest techniques such as NGS (Next Gen Sequencing) Enhanced Ground Gravity Processing, Gravity Grid Enhancements and Gravity Multi-Scale Edge Detection were used to refine the locations of mineralization.

AIS ResourcesR1 und R2 wurden als Verwerfungen zweiter Ordnung zur Mt Pleasant Creek Verwerfung entlang der großen Mt William Verwerfung interpretiert

Figure 1 - R1 and R2 were interpreted as second order faults to the Mt Pleasant Creek fault along the large Mt William fault. The alluvial gold in the Creek may have originated near the fault zone. The red circles show the main drill targets.

AIS has arranged for an additional gravity survey to test the southern area of the property and improve the accuracy of the interpretation. Recommended soil sampling is already underway. Ultra-fine clay analysis using ICP, as developed by Australia's leading scientific institution CSIRO, will be used to enable more accurate location of mineralization.

AIS Resources Karte des Konzessionsgebiets mit der Mt. William Verwerfung

Figure 2 - Map of the concession area showing the Mt. William fault, the Heathcote fault and the Mt. Pleasant Creek fault (dashed black line). The Fosterville property of Kirkland Lake (Agnico Eagle) is outlined in red on the left. The blue area is Permian (Pbx) and the water blue area is Ordovician (Ocl) where gold mineralization was found.

AIS meanwhile owns 100% of the 28 km² Fosterville-Toolleen gold project, located 12 km from Kirkland Lakes Fosterville Gold Mine. AIS' second project is a 60% interest in the 58 km² Yalgogrin gold project in New South Wales, with the right to acquire 100%, and a 100% interest in the 167 km² Kingston gold project in Victoria, Australia, near Stawell and Navarre. The company also has joint venture interests with Spey Resources Corp. in lithium brine deposits in Argentina in the Incahuasi and Pocitos salars.

Bottom line: Few investors have AIS Resources on their radar yet, because the work at Fosterville-Toolleen is highly technical in nature. However, it is indispensable preliminary work for the planned drill holes. At the latest, when these are announced, speculators are likely to jump in, because the discovery of a second Fosterville beckons as a possible reward. This is a classic case of "high risk - high reward". If AIS succeeds in confirming the Fosterville hypothesis, the world will want to get on board. First of all, drilling has to be done, and then the drill cores have to be analyzed. This will certainly take until next year. However, the courageous can already take an initial position.

 

Disclaimer: GOLDINVEST Consulting GmbH offers editors, agencies and companies the possibility to publish comments, analyses and news on https://www.goldinvest.de. This content exclusively serves to inform the readers and does not represent any kind of call to action, neither explicitly nor implicitly is it to be understood as an assurance of possible price developments. Furthermore, they in no way replace an individual expert investment advice, it is rather promotional / journalistic publications. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities carries high risks, which can lead to the total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors expressly exclude any liability for financial losses or the content guarantee for topicality, correctness, adequacy and completeness of the articles offered here. Please also note our terms of use.

According to §34b WpHG and according to paragraph 48f paragraph 5 BörseG (Austria) we would like to point out that principals, partners, authors and employees of GOLDINVEST Consulting GmbH hold or may hold shares of AIS Resources and therefore a possible conflict of interest exists. We also cannot exclude that other stock letters, media or research firms discuss the stocks we recommend during the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, there is a consulting or other service contract between a third party that is in the camp of AIS Resources and GOLDINVEST Consulting GmbH, which means that there is a conflict of interest, especially since this third party remunerates GOLDINVEST Consulting GmbH for reporting on AIS Resources. This third party may also hold, sell or buy shares of the issuer and would thus benefit from an increase in the price of the shares of AIS Resources. This is another clear conflict of interest.

Weitere Nachrichten

Tembo Gold: Phoenix Gold Fund raises sta...
Tembo Gold: Phoenix Gold Fund raises sta...
Tembo Gold (TSXV TEM / FRAU T23A) is closing the first round of its ongoing financing, bringing on board entr...
286 views Tue, 03 Aug 2021, 14:01:02
Camino Corp. secures copper porphyry out...
Camino Corp. secures copper porphyry out...
In the drone video from March of this year, Camino CEO Jay Chmelauskas is seen standing alone in foggy condit...
704 views Thu, 15 Jul 2021, 13:00:45
Element 29 receives drilling permit for ...
Element 29 receives drilling permit for ...
Element 29 Resources Inc. (TSX-V: ECU; FRA: 2IK) may begin exploration on its second highly prospective copper...
31 views Mon, 29 Nov 2021, 17:28:46
Granite Creek Copper: Project neighbour ...
Granite Creek Copper: Project neighbour ...
Granite Creek Copper Limited's (TSXV: GCX, FSE: GRK) Carmacks copper-gold-silver project is located in the Min...
32 views Mon, 29 Nov 2021, 10:28:19
Finlay Minerals wants to find the twins ...
Finlay Minerals wants to find the twins ...
Denver-based activist hedge fund, Crescat Capital, made its first investment this summer in Finlay Minerals Lt...
1128 views Sat, 20 Nov 2021, 15:20:28
Pond Technologies increases Q3 sales by ...
Pond Technologies increases Q3 sales by ...
Pond Technologies Holdings Inc. (TSXV: POND;FRA: 4OO) succeeded in increasing revenue by 70% in Q3 2021 compar...
122 views Fri, 19 Nov 2021, 14:07:58
Sitka hits >1 g/t Carlin gold and double...
Sitka hits >1 g/t Carlin gold and double...
Sitka Gold Corp. (CSE:SIG; FRA:1RF) continues to systematically work towards the discovery of a Carlin-type go...
240 views Tue, 16 Nov 2021, 18:06:53
Element 29 Drills 418 Meters of 0.51% Co...
Element 29 Drills 418 Meters of 0.51% Co...
Copper explorer Element 29 Resources Inc. (TSXV: ECU; FRA: 2IK) has impressively underlined the potential of i...
138 views Mon, 15 Nov 2021, 15:55:35
The uncertain certainty of bitcoin
The uncertain certainty of bitcoin by Midas Touch ConsultingFrom a market perspective, we live in times of high risk. Markets typically reflect the world, and i... 214 views Mon, 15 Nov 2021, 11:09:47
Is gold company Kingman Minerals on the ...
Is gold company Kingman Minerals on the ...
Inflation in the U.S. is at its highest level in 30 years, lifting the price of gold back well above the USD 1...
245 views Sat, 13 Nov 2021, 14:12:38