A.I.S. Resources Secures Right to Acquire 75% of Saint John Copper-Gold Project

Reuters
Feb 17
A.I.S. Resources Secures Right to Acquire 75% of Saint John Copper-Gold Project

A.I.S. Resources Limited has received TSXV Exchange acceptance for its earn-in agreement with Riversgold Ltd., granting AIS the right to acquire up to a 75% interest in the Saint John IOCG/Porphyry Project in New Brunswick, Canada. To earn its interest, AIS will fund exploration and development work totaling CAD $4.4 million over four years. Riversgold will retain a 25% free-carried interest until a decision to mine is made.

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