A.I.S. Resources Secures Option Agreement for Pocologan Copper-Gold-Silver Project in New Brunswick
A.I.S. Resources Limited has finalized an option agreement to acquire 100% interest in the Pocologan copper-gold-silver project in New Brunswick. This project, covering approximately 21.5 km², is positioned favorably for IOCG and structurally controlled mineralization, enabling strategic exploration opportunities.
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A.I.S. Resources Limited has entered an option agreement to acquire full ownership of the Pocologan project, located 40 km west of Saint John, New Brunswick. The agreement includes an initial cash payment of $30,000 and subsequent payments of $30,000 in cash and shares over four years.
The project, covering 21.5 km², has favorable geology for IOCG and copper-gold-silver targets, with several identified areas including Pennfield Station-Pocologan River and Red Head Harbour. Historical assays have indicated significant mineralization, although further verification is required.
The planned 2026 exploration program includes geophysical surveys, mapping, and potential drilling to assess economic viability. The exploration phase bears risk as results depend on extensive verification and compliance with regulatory standards.
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