A.I.S. Resources obtains drilling permit for Saint John iron oxide project, enabling imminent exploration drilling
Executive summary: A.I.S. Resources secured its first set of required drilling permits for the Saint John iron oxide project in New Brunswick and mobilized a drill rig. The permit removes a major regulatory barrier, enabling the company to start exploration drilling and advance toward potential resource definition.
Who is involved: A.I.S. Resources Limited (TSX-V: AIS), provincial regulators in New Brunswick, and the contracted drilling rig operator.
Likely next: Drilling operations are expected to commence following rig mobilization on July 28, 2026, with initial assay results anticipated within weeks.
On July 28, 2026, A.I.S. Resources announced it had secured the necessary drilling permits for its Saint John iron oxide project in New Brunswick and mobilized a drill rig to site. The permit clears a key regulatory hurdle, allowing the company to begin subsurface exploration to delineate the iron oxide resource. While the move signals progress for the junior miner, the project remains early-stage and subject to further permitting, financing, and market conditions for iron ore.
Timeline
- — A.I.S. Resources Secures Drilling Permit for New Brunswick Project and Mobilizes Drill Rig (GlobeNewswire)
Analysis — what this means
Likely next events
- Drilling operations to begin following rig mobilization on July 28, 2026
Sectors affected
- iron ore mining
Regulatory implications
- Permit granted under New Brunswick provincial mining regulations for exploration drilling
Sources
- A.I.S. Resources Secures Drilling Permit for New Brunswick Project and Mobilizes Drill Rig — GlobeNewswire
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