A.I.S. Resources Limited announced that the Company intersected visible gold at the Golden Bar Prospect in the third hole of its current 1,500 meter program to test widths, grades and association between the Shaws, Red, Leader, Home, and Golden Bar reef systems. Visible Gold at Hole GBDD003 The third hole (GBDD003) intersected gold in a spurry quartz-carbonate vein at 75.5m associated with the Golden Bar Reef. This visible gold intersection was unexpected at this depth as the model anticipated the Golden Bar reef would be encountered below the 100 meter level. The gold mineralization appears to occur through multiple major and minor faults.

This new intersection is within a broadly altered interval that contains arsenopyrite, sphalerite, and pyrite. AIS drilled 2 holes at the Home and Golden Bar Reefs early this year, recording anomalous concentration over 10,000ppm (1%) arsenic which is known to be a pathfinder for gold. Down hole intersections are consistent with the 3D model generated from open-source LiDAR and historic mine plans.