A.I.S. Resources Corporate Update
MWN-AI** Summary
A.I.S. Resources Limited (TSXV: AIS, OTC-Pink: AISSF) announced a significant corporate update on March 2, 2026, highlighting the successful liquidation of its marketable securities, specifically Buda Juice Inc. shares, for US$2,249,048. This transaction, along with a previous sale in November 2025, culminated in total gross proceeds of US$2,749,048, yielding the company an impressive internal rate of return exceeding 20% on its investment. CEO Marc Enright-Morin expressed satisfaction with the company’s strengthened financial position, attributing this success to stakeholder support and emphasizing the company’s readiness to pursue its strategic objectives.
A.I.S. Resources plans to utilize the proceeds from the sale to advance its exploration initiatives, particularly within the Saint John Project, which is identified as a promising IOCG/porphyry exploration target. The company’s exploration efforts will begin with surface sampling, trenching, and geophysical surveys to refine drilling targets, with an allocated budget of approximately CAD $300,000 for these activities. Furthermore, a 2,000-meter maiden reverse circulation and diamond drilling program is set to commence at the Little Lepreau site.
The Saint John Project spans 101 km² and boasts strategic access to various infrastructures, such as highways and port facilities, enhancing its potential for resource extraction—chiefly targeting gold, silver, copper, and antimony. Promising geological results have been reported, affirming the area's mineralization with grades of gold reaching up to 41.6 g/t and silver up to 1,600 g/t at various prospect locations. The company remains poised for growth, leveraging its experienced team to capitalize on natural resource opportunities while continually evaluating new strategic prospects.
MWN-AI** Analysis
**Market Analysis and Recommendations for A.I.S. Resources Limited (TSXV: AIS, OTC-Pink: AISSF)**
A.I.S. Resources Limited recently announced the liquidation of its holdings in Buda Juice Inc., realizing gross proceeds of US$2,749,048 and an internal rate of return exceeding 20%. This significant capital infusion positions AIS to advance its exploration efforts, particularly at the promising Saint John Project.
The Saint John Project presents a compelling investment opportunity. Spanning 101 km² in a Tier-1 mining jurisdiction with outstanding infrastructure, the prospect hosts high-grade mineralization, including gold samples up to 41.6 g/t and copper up to 10.55%. The company's upcoming exploration strategies, which include surface sampling, trenching, and a 2,000m maiden drill program, are critical moves aimed at underpinning the potential for value creation.
With the current market dynamics favoring precious and critical minerals, A.I.S. is strategically positioned to capitalize on both gold and copper prices, especially as global energy transition trends drive demand for these resources. The successful execution of their exploration program could unlock substantial shareholder value.
Investors should closely monitor AIS's progress with the Saint John exploration activities, as positive results could lead to a reevaluation of the company's market positioning and share value. Additionally, given the competitive landscape in resource exploration, the ability to leverage liquidity and capitalize on promising geological prospects will be essential for AIS to secure its foothold in the mining sector.
In conclusion, investors looking for exposure to a resource exploration company with a solid operational plan and a well-defined project could consider A.I.S. Resources as a potential buy, especially following the capital boost from liquidated securities. However, it is crucial to remain vigilant regarding the inherent risks associated with mining exploration and to stay updated on the operational developments from AIS.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
VANCOUVER, British Columbia, March 02, 2026 (GLOBE NEWSWIRE) -- A.I.S. Resources Limited (TSXV: AIS, OTC-Pink: AISSF) (“AIS” or the “Company”) is pleased to announce it has liquidated the balance of its marketable securities comprised of Buda Juice Inc. shares for US$2,249,048. Including the previous disposition in November 2025 the Company realized total gross proceeds of US$2,749,048 and achieved an internal rate of return of over 20% on its investment. The Company intends to use the proceeds to move forward with its exploration program, strengthen its balance sheet and evaluate new opportunities.
Marc Enright-Morin, CEO, stated, “We are pleased that the Company is now well capitalized and in a strong position to move forward with its strategic goals. The Company thanks its stakeholders for their support in achieving this milestone. We are now excited to move forward with the Saint John exploration program beginning with sampling, trenching and geophysics to expand on the work performed in 2025.”
Saint John Next Steps
- Surface sampling and trenching
- Expand drone MobileMT + IP surveys across the whole project and refine drill targets (~CAD $300,000 budget).
- Commence 2,000m maiden RC/DD drill program at Little Lepreau.
About the Saint John Project
The Saint John Project is a district-scale IOCG/porphyry exploration target providing strategic exposure to gold and silver (precious metals), copper (energy transition metal), and antimony (critical mineral).
The project covers 101 km² in a Tier-1 mining jurisdiction. Located just 20 km west of Saint John, New Brunswick and 50 km from the U.S. border, the project benefits from exceptional infrastructure, including highways, rail, deep-water port, power stations, and a skilled local workforce.
Riversgold have released multiple press releases on the Australian Stock Exchange over the past year as they have moved this project up the value chain. Geological results were previously disclosed by Riversgold in press releases on ASX dated January 29, 2025 and April 9, 2025. Refer to www.riversgold.com.au
Geological Highlights:
Little Lepreau Prospect
- Roadside Quary surface samples: Gold up to 41.6 g/t, Silver up to 1,600 g/t, Copper up to 7.64%, Antimony >1%.
- Magnetic data received from the high resolution 25 metre line spaced survey has delineated multiple magnetic low response areas that bear a similar magnetic signature to the Roadside Quarry mineralization.
- Maiden drilling (2,000m) approved.
Prince of Wales Prospect
- surface samples: Gold up to 11.4 g/t, Silver up to 1,050 g/t, Copper up to 10.55%, Lead up to 18.85%.
Hideaway Prospect
- surface samples: Gold up to 1.7 g/t, Silver up to 8 g/t, Copper up to 2.01%.
Figure 1 - Saint John Project (Source of Map: Riversgold press release on ASX dated April 9, 2025)
Figure 2 – Prince of Wales roadside cutting with exposed mineralization (Source of Map: Riversgold press release on ASX dated January 29, 2025)
Figure 3 – Little Lepreau Roadside Quarry Prospect (Inset 1) - Sample Grades (Source of Map: Riversgold press release on ASX dated April 9, 2025)
Figure 4 - Hideaway Prospect (Inset 2) - Sample Grades (Source of Map: Riversgold press release on ASX April 9, 2025)
Figure 5 - Price of Wales Prospect (Inset 3) - Sample Grades (Source of Map: Riversgold press release on ASX dated April 9, 2025)
Technical information in this news release has been reviewed and approved by Mr. Edward Mead, who is a Qualified Person under the definitions established by the National Instrument 43-101 and who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr. Mead is a director of Riversgold Ltd and a consultant to Riversgold through Doraleda Pty.
About A.I.S. Resources Limited
A.I.S. Resources Limited is a publicly traded company listed on the TSX Venture Exchange. The company focuses on natural resource opportunities, aiming to unlock value by acquiring early-stage projects and providing the necessary technical and financial support to develop them. AIS is guided by a seasoned team of engineers, geologists and finance professionals with a proven record of success in capital markets.
On Behalf of the Board of Directors,
A.I.S. Resources Limited
Marc Enright-Morin, CEO
Corporate Contact
For further information, please contact:
Marc Enright-Morin, CEO
T: +1-778-892-5455
E: marc@aisresources.com
Website: www.aisresources.com
ADVISORY: This press release contains forward-looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Company 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 forward-looking statements contained in this press release are made as of the date hereof and the Company 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.
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/af544792-a4d7-4e30-83e2-0173c4b05e23
https://www.globenewswire.com/NewsRoom/AttachmentNg/007061e6-6031-44e2-8987-16e165216922
https://www.globenewswire.com/NewsRoom/AttachmentNg/94a75c5b-9fbd-42ba-9683-9304dfdc1809
https://www.globenewswire.com/NewsRoom/AttachmentNg/459c949c-b77e-4086-8135-142075fecf8c
https://www.globenewswire.com/NewsRoom/AttachmentNg/9d66fc0e-92ad-4dcf-9554-ef0209f5e909
FAQ**
How does AIS Resources Ltd AISSF plan to allocate the US$2,249,048 proceeds from the liquidation of Buda Juice Inc. shares towards their exploration in the Saint John Project?
What specific geological methods will AIS Resources Ltd AISSF employ in the upcoming exploration program to maximize the potential of the Saint John Project?
Given the strategic exposure to precious metals and critical minerals, how does AIS Resources Ltd AISSF plan to compete with other companies in the mining sector in New Brunswick?
What risk management strategies does AIS Resources Ltd AISSF have in place to mitigate potential challenges during the exploration and drilling phases at the Saint John Project?
**MWN-AI FAQ is based on asking OpenAI questions about A.I.S. Resources Limited (TSXVC: AIS:CC).
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