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A.I.S. Resources Started Drilling Today on Yalgogrin Gold Property, Lachlan Fold Belt, NSW, Australia

VANCOUVER, British Columbia, March 03, 2021 (GLOBE NEWSWIRE) -- A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the "Company" or "AISa??) is delighted to report that Drillit Consulting from Parkes NSW have mobilized their diamond drill rig and commenced drilling today for a 1,000m drill program on the highly prospective gold bearing Neighbours Farm Prospect, part of the 60% owned Yalgogrin Property on the Lachlan Fold Belt, NSW, Australia.
Phil Thomas, CEO commented, a??We have been able to combine the geophysics with new 3D inversions to better target the drill holes where 32.2g/t Au have been recorded at 0.5m below surface at the Neighbours Farm Prospect. These geophysics results suggest a high probability of exceptional grades in the oxidized zone down to roughly 30m depth. Deeper drilling will also be carried out in the granites below to target the sulphide zone.a??Fig. 1A a??A Gradient Array-Dipole IP Chargeability with first drill hole location Yalgogrin Gold Property:
https://www.globenewswire.com/NewsRoom/AttachmentNg/a1aebeb3-fe14-4293-8f49-f0f460130e45Fig. 2 a?? Yalgogrin Gold Property a?? Map of Historic Drill Holes and Results:
https://www.globenewswire.com/NewsRoom/AttachmentNg/2a406142-820a-41a9-ac5a-0e5906928c41Technical information in this news release has been reviewed and approved by Phillip Thomas, BSc Geol MAIG who is a Qualified Person under the definitions established by the National Instrument 43-101.
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