Miner advances Australian gold project

Photo: AIS Resources

Vancouver-based miner AIS Resources has re-leased an updated report on the exploration progress at its Yalgogrin gold project in Australia in preparation for the reverse circulation drill programme.


“Nine Diamond Drill Holes Completed Gold and multi-element results for all 9 diamond drillholes have been received for a total of 1,538m including one hole at the Asia Wyalong mine,” the Canadian company said in a statement.


“Structural geology observations indicate gold mineralization is con-trolled by alteration within the granite and veins with multiple orienta-tions. The best results were returned from the Neighbours Farm pro-spect which were following up on previously reported 87m at 1.5 g/t Au in YDD01,” according to the miner.


AIS Resources says it is focused on developing three advanced drill-ready gold projects in two regions in Australia.