A.I.S. Resources Limited announced a renewed focus on gold exploration in Australia. Through its wholly owned Australian subsidiary AIS Resources Aust. Pty, AIS continues to own: 100% interest in the 28 km2 Fosterville-Toolleen Exploration License (EL6001) located 10 km due east of Agnico Eagle?s Fosterville gold mine, 60% interest in the 58 km2 Bright Exploration License (EL6194), with an option to acquire 100%, and, 100% interest in the 167 km2 Kingston Exploration License (EL6318).

These three advanced stage exploration properties, with a combined area of over 250 km2, are all located in the Lachlan Fold Belt, also known as the Golden Triangle, located in the Central Victoria region of Australia. The Geological Survey of Victoria estimates that there may be up to 75 million ounces (Moz) of gold yet to be found in these Victorian goldfields. Previous work has identified high potential drill targets on the Toolleen property, with geological characteristics very similar to the neighbouring high grade Fosterville mine.

The Kingston property encompasses a prospecting license owned by the property Vendor, that includes a 50-meter-deep vertical shaft and associated small-scale mine. AIS will receive 15% of gold sales revenue emanating from the Vendor?s mining activities outside of the Vendor?s prospecting license.