A.I.S. Resources engages ICor Drilling Services for 2,000-metre program in New Brunswick.

A.I.S. Resources Limited has hired local drilling contractor ICor Drilling Services to begin its first round of diamond drilling in New Brunswick, Canada. The Phase 1 program will cover roughly 2,000 metres of core drilling and is set to run from July 15 to August 1, 2026, according to Financial Post.
The company — listed on the TSXV as AIS, OTC-Pink as AISSF, and Frankfurt as 5YH — spent two years building toward this moment through airborne geophysical surveys, field work, and geological analysis. The drilling marks a shift from theory to ground truth.
A.I.S. Resources spent 2024 and 2025 flying geophysical surveys over its New Brunswick land package. Those surveys flagged high-priority electromagnetic and magnetic targets. Field teams followed up in August 2025 with soil sampling to confirm the signals on the ground, according to The Observer.
By early 2026, geologists compiled all that data alongside historical records from New Brunswick's Department of Natural Resources. That work narrowed the list down to the priority targets the drill will now test. The company issued its formal request for drilling proposals in May 2026 before selecting ICor on June 22.
ICor Drilling Services is based in Penobsquis, New Brunswick — just minutes from the Sussex area where the work will take place. CEO Martyn Polkinghorne said the choice was deliberate. "Utilizing a local contractor like ICor ensures we have the regional expertise necessary for the varied terrain of the area," he said, according to The Province.
The selection also drew praise from local officials. The Sussex-area Chamber of Commerce welcomed the "local procurement" strategy, saying it supports high-skilled jobs in the region. ICor has emphasized its commitment to low-impact exploration and local environmental standards, according to Sault Star.
The drilling will focus on the company's Saint John Project, which Financial Post describes as prospective for IOCG-style mineralization. IOCG stands for iron oxide copper-gold — a deposit type that can carry significant copper and gold values. Historical work in New Brunswick has also chased zinc, lead, and copper targets.
The 2,000-metre program will run across 18 days. That is a tight window. Some technical analysts note that spreading 2,000 metres across multiple targets may produce limited results from any single structure. The company itself warns that "further work is required to verify the scale, continuity, grade, or economic significance" of any mineralization found, according to Calgary Sun.
Trading volume in AIS on the TSXV rose 12% in the days after the June 22 announcement. Analyst Derek Vane of Sector Capital called the moment significant. "The move to physical drilling is what the market has been waiting for," he said. "2,000 metres is enough to prove concept, but not enough to define a resource. It's a high-stakes summer for AIS."
Assay results from the core samples are expected in late Q3 2026. If the Phase 1 program shows economic promise, A.I.S. could launch a Phase 2 campaign of 5,000 metres or more. That would trigger a formal resource estimate and far greater spending in the province, according to Daily Herald Tribune.
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