Core Insights - A.I.S. Resources Limited has received TSXV Exchange acceptance for an earn-in agreement with Riversgold Ltd, allowing AIS to acquire up to a 75% interest in the Saint John IOCG/Porphyry Project in New Brunswick, Canada [1][2] Project Overview - The Saint John Project is a district-scale IOCG/porphyry exploration target, providing exposure to precious metals like gold and silver, as well as copper and antimony [3] - The project spans 101 km² in a Tier-1 mining jurisdiction, located 20 km west of Saint John and 50 km from the U.S. border, benefiting from excellent infrastructure [4] Transaction Terms - AIS will issue 2,860,000 shares at $0.05 per share to Riversgold to earn a 51% interest, requiring expenditures of CAD $400,000 in Year 1 and CAD $1 million in Year 2 for exploration and drilling [6] - To increase its interest to 75%, AIS must spend an additional CAD $3 million over Years 3-4 on drilling and early development work [6] - Riversgold retains a 25% free-carried interest until a decision to mine is made, with provisions for dilution and conversion to a 2% NSR if below 10% [6] Geological Highlights - Surface samples from the Roadside Quarry show gold up to 41.6 g/t, silver up to 1,600 g/t, copper up to 7.64%, and antimony greater than 1% [7] - The Prince of Wales Prospect has surface samples showing gold up to 11.4 g/t, silver up to 1,050 g/t, and copper up to 10.55% [9] - The Hideaway Prospect has surface samples with gold up to 1.7 g/t and copper up to 2.01% [10] Next Steps - AIS plans to expand drone MobileMT and IP surveys across the project and refine drill targets with a budget of approximately CAD $300,000 [13] - A maiden 2,000m drilling program is approved for 2025/2026 at the Little Lepreau Prospect [8]