{"success":true,"data":{"pressRelease":{"id":"18590","rtpr_id":"nGNX7wK5Cc","ticker":"AIS","exchange":"","all_tickers":["AIS"],"title":"A.I.S. Resources Enters Option Agreement for Pocologan Copper-Gold-Silver Exploration Project, New Brunswick","author":"Globe Newswire","published_at":"2026-05-04T10:30:00.216Z","article_body":"VANCOUVER, British Columbia, May 04, 2026 (GLOBE NEWSWIRE) -- A.I.S. Resources\nLimited (TSXV: AIS, OTC-Pink: AISSF, FRA: 5YH) (“A.I.S.” or the\n“Company”) is pleased to announce it has entered into an option agreement,\ngranting A.I.S. the right to acquire 100% interest in the Pocologan\ncopper-gold-silver project, about 40 kilometres west of Saint John.\n\nA.I.S. CEO, Marc Enright-Morin said, “During our time prospecting on our\nSaint John project, the opportunity arose to acquire a new and promising\ndiscovery in the vicinity. We see many synergies between the projects, and we\nare excited to increase our presence in New Brunswick.”\n\nProject Highlights:\n* Favourable geology: The Pocologan Project covers a structurally complex\nterrane boundary setting considered favourable for IOCG, magmatic copper-gold,\nand structurally controlled copper-silver-gold mineralization.\n* Multiple targets: Key targets include Pennfield Station–Pocologan River\nand Red Head Harbour, where copper-gold-silver mineralization has been\nidentified in historical and Optionor-supplied work.\n* Encouraging historical and Optionor-supplied assays: Selected historical and\nOptionor-supplied grab and outcrop samples reportedly returned values ranging\nfrom below detection to 45 g/t Au, 0.11 to 314 g/t Ag, and 1.1 ppm to 15.1%\nCu. These results are selective surface samples, and may not represent average\ngrade, true width, continuity, or economic potential.\n* Next steps: Planned work includes data verification, mapping, prospecting,\ngeochemical sampling, airborne and ground geophysics, target modelling, and\npotential first-pass drilling.\n\n\nExposed outcrop 1\n\n\n\nPocologan outcrop near Highway 1\n\n\n\nRock chip with copper mineralization 1\n\n\n\nRock chip with copper mineralization 2\n\nGeological Setting and History:\nThe Pocologan Project area is interpreted from Optionor compilation of\nhistorical materials to host several early-stage copper-gold-silver target\nareas, including the Pennfield Station-Pocologan River IOCG/magmatic\ncopper-gold target, and the Red Head Harbour copper-silver-gold target. The\nproject is situated in a structurally complex terrane boundary setting, that\nincludes the Pocologan Mylonitic Suite and related crustal-scale fault\narchitecture, a geological environment the Company considers favourable for\niron oxide copper-gold (IOCG), magmatic copper-gold, and structurally\ncontrolled copper-silver-gold mineralization.\n\nSelected Optionor-supplied grab and outcrop samples from 2023 to 2025 returned\nvalues ranging from below detection to 45 g/t Au, 0.11 to 314 g/t Ag, and 1.1\nppm to 15.1% Cu. These results are from selective surface samples and should\nnot be considered representative of average grade, continuity, true width, or\neconomic potential. The mineralization is described as chalcopyrite, bornite\nand tetrahedrite associated with the Andys Pond Gabbro, where multiple\nkilometre-scale mineralized trends have been interpreted from surface sampling\nand prospecting. These samples were analyzed in Activation Laboratories\n(ACTLABS), and Agat Labs, both are accredited laboratories in Canada, and have\ntheir own quality assurance / quality control protocols.\n\nThe Red Head Harbour target includes an abandoned late-1800s copper mine on\nthe east side of Red Head Cove, reportedly reopened in 1917, where pyrite and\nchalcopyrite occur in a schistose felsic volcanic or xenolithic host within\nPrecambrian granodiorite of the McCarthy's Point pluton. Historical sampling\nin 1990 as reported in New Brunswick government assessment / mineral\noccurrence records reportedly returned 1.11% Cu from outcrop at the old shaft\nand 3.74% Cu from outcrop approximately 70 m southeast of the shaft.\nProspecting in 2024-2025 reportedly confirmed copper mineralization at the\nhistorical mine area and identified additional mineralized outcrops\napproximately 1.7 km along strike to the southeast, with four selected 2025\noutcrop samples returning values greater than 1% Cu to a high of 4.06% Cu; two\nof those samples also reportedly returned 31 ppm Ag and 33 ppm Ag.\n\nThe Company cautions that the above results are from selective historical\nand/or Optionor-supplied outcrop and prospecting samples, which may not be\nrepresentative of the average grade or true width of mineralization. The\nCompany has not yet completed sufficient work to verify continuity, grade,\nwidth, tonnage, or the economic significance of the reported mineralization.\nA.I.S. has completed a limited due diligence sampling for which the results\nwill be released as soon as available. The Company also intends to complete\nsystematic field sampling on the Property as part of its 2026 exploration\nprogram.\n\n\n\nRock chip with copper mineralization 3\n\nAdditional Information Regarding Transaction Terms:\nThe Company may acquire 100% interest in the Pocologan Project by making the\nfollowing payments:\n\n(i) An Option Payment consisting of $30,000 cash upon signing of the Agreement\nand $30,000 worth of A.I.S.’ common shares within 5 business days following\nTSX-V Exchange acceptance;\n\n(ii) An Option Payment consisting of $30,000 cash and $30,000 worth of\nA.I.S.’s common shares on or before each of the 1(st) through 4(th) year\nanniversary of signing the Option Agreement.\n\nThe Company can pay cash instead of issuing common shares. The price of the\ncommon shares to be issued will be volume weighted average price and shall not\nbe less than $0.09.\n\nThe Optionor will retain a 2% NSR after A.I.S. acquires 100% interest in the\nPocologan Project. The Company will have the right of first refusal to\npurchase 50% of the retained NSR (1% NSR) by paying the Optionor a cash amount\nof $1,000,000 cash (or an agreed amount of cash/shares).\n\nA.I.S. is at arms’ length to the Optionor.\n\nAbout the Pocologan Project\nThe Pocologan Project is an early-stage, district-scale copper-gold-silver\nexploration project focused on IOCG/magmatic copper-gold, and structurally\ncontrolled copper-silver-gold targets. Vendor compilation materials identify\nseveral target areas, including Pennfield Station-Pocologan River and Red Head\nHarbour, where surface prospecting has outlined copper, gold and silver\nmineralization associated with gabbroic, granodioritic and altered/sheared\nhost rocks. The project remains at an early exploration stage, and requires\nsystematic verification, mapping, sampling and geophysical work before any\nconclusions can be made regarding continuity or economic potential.\n\nThe project covers approximately 21.5 km² in New Brunswick, Canada, an\nestablished Canadian mining jurisdiction. Located just 40 km west of Saint\nJohn, New Brunswick and 50 km from the U.S. border, the project benefits from\nexceptional infrastructure, including highways, rail, deep-water port, power\nstations, and a skilled local workforce.\n\nNext Steps:\nA.I.S. plans to begin with compilation and verification of historical and\nOptionor-supplied geological, geochemical and geophysical data, followed by a\nphased field program designed to confirm the reported copper-gold-silver\noccurrences and prioritize drill targets.\n\nThe proposed 2026 exploration work program may include: (i) airborne magnetic\nand VLF electromagnetic survey; (ii) prospecting and detailed geological\nmapping of the known Pennfield Station-Pocologan River and Red Head Harbour\noccurrences; (iii) systematic channel and grab sampling of mineralized\noutcrops, old workings, shear zones, alteration zones and intrusive contacts;\n(iv) soil and/or till geochemical sampling over covered extensions of\nmineralized trends; (v) ground geophysical surveys, which may include magnetic\nand induced polarization/resistivity surveys, to define magnetite-rich,\nsulphide-bearing and structurally controlled targets; (vi) target modelling\nand prioritization; and (vii) subject to results and permitting, a first-pass\ndiamond drilling program to test the most compelling geochemical, geophysical\nand geological targets.\n\nThe exploration program will be refined following completion of due diligence,\nland access review, permitting requirements and consultation with applicable\nstakeholders and regulatory authorities.\n\nTechnical information in this news release has been reviewed and approved by\nAfzaal Pirzada, P.Geo., V.P. of Exploration, who is a Qualified Person under\nthe definitions established by National Instrument 43-101. The Qualified\nPerson has reviewed the vendor-supplied presentation materials referenced\nherein; however, the Company has not yet completed sufficient independent\nverification of all historical and vendor-supplied assay data. Reported sample\nresults are selective in nature and should not be considered representative of\nthe average grade or true width of mineralization on the project.\n\nDebt Settlement \nThe Company is pleased to announce that it has received the TSX-V Exchange\nacceptance for the settlement of outstanding fees to directors and officers.\nThe Company will be issuing an aggregate of 7,186,091 common shares to settle\nan aggregate amount of $503,026.40.\n\nAbout A.I.S. Resources Limited\nA.I.S. Resources Limited is a publicly traded company listed on the TSX\nVenture Exchange. The company focuses on natural resource opportunities,\naiming to unlock value by acquiring early-stage projects and providing the\nnecessary technical and financial support to develop them. A.I.S. is guided by\na seasoned team of engineers, geologists and finance professionals with a\nproven record of success in capital markets.\n\nOn Behalf of the Board of Directors,\nA.I.S. Resources Limited\nMarc Enright-Morin, CEO\n\nCorporate Contact\nFor further information, please contact:\nMarc Enright-Morin, CEO\nT: +1-778-892-5455\nE: marc@aisresources.com\nWebsite: www.aisresources.com\n\nADVISORY: This press release contains forward-looking statements. Although the\nCompany believes that the expectations reflected in these forward-looking\nstatements are reasonable, undue reliance should not be placed on them because\nthe Company can give no assurance that they will prove to be correct. Since\nforward-looking statements address future events and conditions, by their very\nnature they involve inherent risks and uncertainties. The forward-looking\nstatements contained in this press release are made as of the date hereof and\nthe Company undertakes no obligations to update publicly or revise any\nforward-looking statements or information, whether as a result of new\ninformation, future events or otherwise, unless so required by applicable\nsecurities laws. Neither TSX Venture Exchange nor its Regulation Services\nProvider (as that term is defined in policies of the TSX Venture Exchange)\naccepts responsibility for the adequacy or accuracy of this release.\n\nPhotos accompanying this announcement are available at\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/bb6107f0-270e-44c8-835b-c4e7a246533e\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/f8667c93-1c55-49fc-8d3b-63502d4846ee\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/80853e3c-d7d2-42e2-93f4-42e517b0b613\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/73dae3f5-0ac2-45e5-9e68-a6d1da26ff9b\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/31510507-f833-4cf5-bd48-9e7d8be830c2\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/66594a75-4949-430b-9954-d9e7e29a5778)\nFigure 1 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bb6107f0-270e-44c8-835b-c4e7a246533e/en)\nExposed outcropFigure 2 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f8667c93-1c55-49fc-8d3b-63502d4846ee/en)\nPocologan outcrop near Highway 1Figure 3 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/80853e3c-d7d2-42e2-93f4-42e517b0b613/en)\nRock chip demonstrating copper mineralization 1Figure 4 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/73dae3f5-0ac2-45e5-9e68-a6d1da26ff9b/en)\nrock chip demonstrating copper mineralization 2Figure 5 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/31510507-f833-4cf5-bd48-9e7d8be830c2/en)\nRock chip demonstrating copper mineralization 3\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7wK5Cc","title":"A.I.S. Resources Enters Option Agreement for Pocologan Copper-Gold-Silver Exploration Project, New Brunswick","author":"Globe Newswire","ticker":"AIS","created":"2026-05-04T10:30:00.216Z","tickers":["AIS"],"exchange":"","article_body":"VANCOUVER, British Columbia, May 04, 2026 (GLOBE NEWSWIRE) -- A.I.S. Resources\nLimited (TSXV: AIS, OTC-Pink: AISSF, FRA: 5YH) (“A.I.S.” or the\n“Company”) is pleased to announce it has entered into an option agreement,\ngranting A.I.S. the right to acquire 100% interest in the Pocologan\ncopper-gold-silver project, about 40 kilometres west of Saint John.\n\nA.I.S. CEO, Marc Enright-Morin said, “During our time prospecting on our\nSaint John project, the opportunity arose to acquire a new and promising\ndiscovery in the vicinity. We see many synergies between the projects, and we\nare excited to increase our presence in New Brunswick.”\n\nProject Highlights:\n* Favourable geology: The Pocologan Project covers a structurally complex\nterrane boundary setting considered favourable for IOCG, magmatic copper-gold,\nand structurally controlled copper-silver-gold mineralization.\n* Multiple targets: Key targets include Pennfield Station–Pocologan River\nand Red Head Harbour, where copper-gold-silver mineralization has been\nidentified in historical and Optionor-supplied work.\n* Encouraging historical and Optionor-supplied assays: Selected historical and\nOptionor-supplied grab and outcrop samples reportedly returned values ranging\nfrom below detection to 45 g/t Au, 0.11 to 314 g/t Ag, and 1.1 ppm to 15.1%\nCu. These results are selective surface samples, and may not represent average\ngrade, true width, continuity, or economic potential.\n* Next steps: Planned work includes data verification, mapping, prospecting,\ngeochemical sampling, airborne and ground geophysics, target modelling, and\npotential first-pass drilling.\n\n\nExposed outcrop 1\n\n\n\nPocologan outcrop near Highway 1\n\n\n\nRock chip with copper mineralization 1\n\n\n\nRock chip with copper mineralization 2\n\nGeological Setting and History:\nThe Pocologan Project area is interpreted from Optionor compilation of\nhistorical materials to host several early-stage copper-gold-silver target\nareas, including the Pennfield Station-Pocologan River IOCG/magmatic\ncopper-gold target, and the Red Head Harbour copper-silver-gold target. The\nproject is situated in a structurally complex terrane boundary setting, that\nincludes the Pocologan Mylonitic Suite and related crustal-scale fault\narchitecture, a geological environment the Company considers favourable for\niron oxide copper-gold (IOCG), magmatic copper-gold, and structurally\ncontrolled copper-silver-gold mineralization.\n\nSelected Optionor-supplied grab and outcrop samples from 2023 to 2025 returned\nvalues ranging from below detection to 45 g/t Au, 0.11 to 314 g/t Ag, and 1.1\nppm to 15.1% Cu. These results are from selective surface samples and should\nnot be considered representative of average grade, continuity, true width, or\neconomic potential. The mineralization is described as chalcopyrite, bornite\nand tetrahedrite associated with the Andys Pond Gabbro, where multiple\nkilometre-scale mineralized trends have been interpreted from surface sampling\nand prospecting. These samples were analyzed in Activation Laboratories\n(ACTLABS), and Agat Labs, both are accredited laboratories in Canada, and have\ntheir own quality assurance / quality control protocols.\n\nThe Red Head Harbour target includes an abandoned late-1800s copper mine on\nthe east side of Red Head Cove, reportedly reopened in 1917, where pyrite and\nchalcopyrite occur in a schistose felsic volcanic or xenolithic host within\nPrecambrian granodiorite of the McCarthy's Point pluton. Historical sampling\nin 1990 as reported in New Brunswick government assessment / mineral\noccurrence records reportedly returned 1.11% Cu from outcrop at the old shaft\nand 3.74% Cu from outcrop approximately 70 m southeast of the shaft.\nProspecting in 2024-2025 reportedly confirmed copper mineralization at the\nhistorical mine area and identified additional mineralized outcrops\napproximately 1.7 km along strike to the southeast, with four selected 2025\noutcrop samples returning values greater than 1% Cu to a high of 4.06% Cu; two\nof those samples also reportedly returned 31 ppm Ag and 33 ppm Ag.\n\nThe Company cautions that the above results are from selective historical\nand/or Optionor-supplied outcrop and prospecting samples, which may not be\nrepresentative of the average grade or true width of mineralization. The\nCompany has not yet completed sufficient work to verify continuity, grade,\nwidth, tonnage, or the economic significance of the reported mineralization.\nA.I.S. has completed a limited due diligence sampling for which the results\nwill be released as soon as available. The Company also intends to complete\nsystematic field sampling on the Property as part of its 2026 exploration\nprogram.\n\n\n\nRock chip with copper mineralization 3\n\nAdditional Information Regarding Transaction Terms:\nThe Company may acquire 100% interest in the Pocologan Project by making the\nfollowing payments:\n\n(i) An Option Payment consisting of $30,000 cash upon signing of the Agreement\nand $30,000 worth of A.I.S.’ common shares within 5 business days following\nTSX-V Exchange acceptance;\n\n(ii) An Option Payment consisting of $30,000 cash and $30,000 worth of\nA.I.S.’s common shares on or before each of the 1(st) through 4(th) year\nanniversary of signing the Option Agreement.\n\nThe Company can pay cash instead of issuing common shares. The price of the\ncommon shares to be issued will be volume weighted average price and shall not\nbe less than $0.09.\n\nThe Optionor will retain a 2% NSR after A.I.S. acquires 100% interest in the\nPocologan Project. The Company will have the right of first refusal to\npurchase 50% of the retained NSR (1% NSR) by paying the Optionor a cash amount\nof $1,000,000 cash (or an agreed amount of cash/shares).\n\nA.I.S. is at arms’ length to the Optionor.\n\nAbout the Pocologan Project\nThe Pocologan Project is an early-stage, district-scale copper-gold-silver\nexploration project focused on IOCG/magmatic copper-gold, and structurally\ncontrolled copper-silver-gold targets. Vendor compilation materials identify\nseveral target areas, including Pennfield Station-Pocologan River and Red Head\nHarbour, where surface prospecting has outlined copper, gold and silver\nmineralization associated with gabbroic, granodioritic and altered/sheared\nhost rocks. The project remains at an early exploration stage, and requires\nsystematic verification, mapping, sampling and geophysical work before any\nconclusions can be made regarding continuity or economic potential.\n\nThe project covers approximately 21.5 km² in New Brunswick, Canada, an\nestablished Canadian mining jurisdiction. Located just 40 km west of Saint\nJohn, New Brunswick and 50 km from the U.S. border, the project benefits from\nexceptional infrastructure, including highways, rail, deep-water port, power\nstations, and a skilled local workforce.\n\nNext Steps:\nA.I.S. plans to begin with compilation and verification of historical and\nOptionor-supplied geological, geochemical and geophysical data, followed by a\nphased field program designed to confirm the reported copper-gold-silver\noccurrences and prioritize drill targets.\n\nThe proposed 2026 exploration work program may include: (i) airborne magnetic\nand VLF electromagnetic survey; (ii) prospecting and detailed geological\nmapping of the known Pennfield Station-Pocologan River and Red Head Harbour\noccurrences; (iii) systematic channel and grab sampling of mineralized\noutcrops, old workings, shear zones, alteration zones and intrusive contacts;\n(iv) soil and/or till geochemical sampling over covered extensions of\nmineralized trends; (v) ground geophysical surveys, which may include magnetic\nand induced polarization/resistivity surveys, to define magnetite-rich,\nsulphide-bearing and structurally controlled targets; (vi) target modelling\nand prioritization; and (vii) subject to results and permitting, a first-pass\ndiamond drilling program to test the most compelling geochemical, geophysical\nand geological targets.\n\nThe exploration program will be refined following completion of due diligence,\nland access review, permitting requirements and consultation with applicable\nstakeholders and regulatory authorities.\n\nTechnical information in this news release has been reviewed and approved by\nAfzaal Pirzada, P.Geo., V.P. of Exploration, who is a Qualified Person under\nthe definitions established by National Instrument 43-101. The Qualified\nPerson has reviewed the vendor-supplied presentation materials referenced\nherein; however, the Company has not yet completed sufficient independent\nverification of all historical and vendor-supplied assay data. Reported sample\nresults are selective in nature and should not be considered representative of\nthe average grade or true width of mineralization on the project.\n\nDebt Settlement \nThe Company is pleased to announce that it has received the TSX-V Exchange\nacceptance for the settlement of outstanding fees to directors and officers.\nThe Company will be issuing an aggregate of 7,186,091 common shares to settle\nan aggregate amount of $503,026.40.\n\nAbout A.I.S. Resources Limited\nA.I.S. Resources Limited is a publicly traded company listed on the TSX\nVenture Exchange. The company focuses on natural resource opportunities,\naiming to unlock value by acquiring early-stage projects and providing the\nnecessary technical and financial support to develop them. A.I.S. is guided by\na seasoned team of engineers, geologists and finance professionals with a\nproven record of success in capital markets.\n\nOn Behalf of the Board of Directors,\nA.I.S. Resources Limited\nMarc Enright-Morin, CEO\n\nCorporate Contact\nFor further information, please contact:\nMarc Enright-Morin, CEO\nT: +1-778-892-5455\nE: marc@aisresources.com\nWebsite: www.aisresources.com\n\nADVISORY: This press release contains forward-looking statements. Although the\nCompany believes that the expectations reflected in these forward-looking\nstatements are reasonable, undue reliance should not be placed on them because\nthe Company can give no assurance that they will prove to be correct. Since\nforward-looking statements address future events and conditions, by their very\nnature they involve inherent risks and uncertainties. The forward-looking\nstatements contained in this press release are made as of the date hereof and\nthe Company undertakes no obligations to update publicly or revise any\nforward-looking statements or information, whether as a result of new\ninformation, future events or otherwise, unless so required by applicable\nsecurities laws. Neither TSX Venture Exchange nor its Regulation Services\nProvider (as that term is defined in policies of the TSX Venture Exchange)\naccepts responsibility for the adequacy or accuracy of this release.\n\nPhotos accompanying this announcement are available at\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/bb6107f0-270e-44c8-835b-c4e7a246533e\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/f8667c93-1c55-49fc-8d3b-63502d4846ee\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/80853e3c-d7d2-42e2-93f4-42e517b0b613\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/73dae3f5-0ac2-45e5-9e68-a6d1da26ff9b\n\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/31510507-f833-4cf5-bd48-9e7d8be830c2\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/66594a75-4949-430b-9954-d9e7e29a5778)\nFigure 1 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/bb6107f0-270e-44c8-835b-c4e7a246533e/en)\nExposed outcropFigure 2 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/f8667c93-1c55-49fc-8d3b-63502d4846ee/en)\nPocologan outcrop near Highway 1Figure 3 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/80853e3c-d7d2-42e2-93f4-42e517b0b613/en)\nRock chip demonstrating copper mineralization 1Figure 4 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/73dae3f5-0ac2-45e5-9e68-a6d1da26ff9b/en)\nrock chip demonstrating copper mineralization 2Figure 5 \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/31510507-f833-4cf5-bd48-9e7d8be830c2/en)\nRock chip demonstrating copper mineralization 3\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-04T10:30:00.27523422Z","server_sent_at_ms":1777890600275},"received_at":"2026-05-04T10:30:00.417Z","source_url":null},"analysis":null,"durationMs":null,"modelName":null}}