A.I.S. Resources Signs Kirkland Fosterville Contract Senior Exploration Geologist Denis Walsh to the Full-Time Position of C...
December 14 2020 - 08:30AM
A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the "Company" or
"AIS") announces that it has appointed Senior Geologist Denis M.
Walsh to the position of Chief Geologist of A.I.S Resources Ltd.
Previously Denis was the Senior Contract Exploration Geologist with
Kirkland Lake Gold guiding a team of up to 6 geologists exploring
over 1,400sqkm regional exploration tenure surrounding Fosterville.
The board of Directors is delighted with this key appointment which
is integral to the Company’s development and future at
Fosterville-Toolleen, Yalgogrin and Kingston properties.
Denis’s substantial experience includes 20 years
at Yalgogrin EL5891, and the last 18 months focused at Kirkland
Lake Gold’s Fosterville operation. His recent role included
identification, assessment and communication of targets and
programs to support formulation of significant forward-looking
budgets and assist delivery of existing budget programs. Work also
involved drill tender preparations, prospect reviews, targeting
criteria and budget data for tenement applications. Typical duties
also included targeting drillholes, planning and interpretation of
deep (1km depth) drilling program under 100m Murray Basin sediments
utilizing partial leach soil geochemistry, geophysics datasets
including gravity, magnetics, IP, AEM and downhole geophysics.
Assessment of programs involved structural logging, stratigraphic
interpretation/section reconstruction and multielement alteration
data review followed by integration of all geological, geochemical
and geophysical datasets.
Denis graduated from RMIT University, Melbourne
with a Bachelor of Applied Science in Applied Geology in 1993. He
is a member of the Australian Institute of Geoscientists. Denis has
deep experience exploring in the Lachlan Fold Belt Victoria and NSW
(gold, silver, copper, platinum, nickel/cobalt/scandium), New
England NSW (Diamonds), Central goldfields WA Norseman area (gold,
nickel/copper/platinum/palladium), Gawler Craton in SA (gold),
Gippsland and Otway basins in Victoria (geothermal), Cooper Basin
and Gawler Craton in South Australia (geothermal), and Victoria and
Tasmania (environmental assessments).
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f3866f9d-13b4-4abb-a999-fd999aceb87c
About A.I.S. Resources
LimitedA.I.S. Resources Limited is a publicly traded
investment issuer listed on the TSX Venture Exchange focused on
precious and base metals exploration. AIS’s value add strategy is
to acquire prospective exploration projects and enhance their value
by better defining the mineral resource with a view to attracting
joint venture partners and enhancing the value of its portfolio.
The Company is managed by a team of experienced geologists, with a
track-record of successful capital markets achievements. In
November 2020, AIS received TSXV approval to acquire the New South
Wales Yalgogrin Gold Project JV, the Fosterville-Toolleen Gold
Project and the Kingston Gold Project in Victoria Australia.
Phillip ThomasCEO
A.I.S. Resources ltd.For further information,
please contact:Phillip Thomas, Chief Executive Officer Tel:
+1-747-200-9412 Email: pthomas@aisresources.com
OrMartyn Element, Executive Chairman Tel: +1-604-220-6266Email:
melement@aisresources.com Website: www.aisresources.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
ADVISORY: This press release
contains forward-looking statements. More particularly, this press
release contains statements concerning the anticipated use of the
proceeds of the Private Placement. Although the Corporation
believes that the expectations reflected in these forward-looking
statements are reasonable, undue reliance should not be placed on
them because the Corporation can give no assurance that they will
prove to be correct. Since forward-looking statements address
future events and conditions, by their very nature they involve
inherent risks and uncertainties. The intended use of the proceeds
of the Private Placement by the Corporation might change if the
board of directors of the Corporation determines that it would be
in the best interests of the Corporation to deploy the proceeds for
some other purpose. The forward-looking statements contained in
this press release are made as of the date hereof and the
Corporation undertakes no obligations to update publicly or revise
any forward-looking statements or information, whether as a result
of new information, future events or otherwise, unless so required
by applicable securities laws. Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
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