AIS Announces Acquisition of Salinitas Lithium Brine Project at Sa- Linas Grande Salar, Argentina
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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AIS ANNOUNCES ACQUISITION OF SALINITAS LITHIUM BRINE PROJECT AT SA-
LINAS GRANDE SALAR, ARGENTINA
Vancouver, British Columbia – July 25, 2018 – A.I.S. Resources Limited (TSX-V: AIS, OTCQB: AISSF)
(the “Company” or “AIS”) is pleased to announce that the Company has entered into an option
agreement to acquire five lithium brine mining tenements in the Salinas Grandes Salar, Salta
province Argentina (“Salitinas” or “the Project”). The 4,308 hectare land package resides in the
Puna region of northwest Argentina near the border of Chile, an area renowned for its lithium-
and potassium-rich brine resources. The surface elevation of the Salinas Grandes salar is approx-
imately 3,400 metres above sea level.
Figure 1. General Location Map of Argentina’s Puna
Figure 2. Location Map of Concessions in the Salar De Salinas Grandes
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Under the terms of the Option Agreement AIS has agreed to incur total expenditures of at least
US$1.2 million prior to June 13, 2020. The Company can acquire an undivided 100% in the Project
at any time during the Agreement by making payments totaling US$4 million. To secure the Op-
tion Agreement, AIS has agreed to pay US$250,000.
AIS has granted to MGX Minerals Inc. (MGX) an Option to acquire an 80% interest in the Project.
To secure the Option, MGX has agreed to pay US$250,000 on or before July 31,2018. MGX can
acquire an undivided 80% in the Project at any time during the Agreement by making payments
totaling US$3.2 million. MGX has also agreed to incur total expenditures of at least US$1.2 million
prior to May 31, 2020.
AIS plans in partnership with MGX to conduct a Transient Electromagnetic Method (TEM) geo-
physical study along with trenching, which will be followed by a drill program along the edge of
the salar, to test for shallow, near surface brines and determine locations with anomalous con-
centrations of lithium.
Martyn Element Chairman of AIS stated. “We look forward to beginning a productive partner-
ship with MGX in Argentina.”
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Qualified person
Phillip Thomas, BSc, Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under
National Instrument 43-101 regulations, has reviewed the technical information that forms the
basis of this news release, and has approved the disclosure herein. Mr. Thomas is not independ-
ent of the Company as he is an officer and shareholder.
About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX-V listed investment issuer, was established in 1967 and is managed
by experienced, highly qualified professionals, who have a long track record of success in lithium
exploration, production and capital markets. Through their extensive business and scientific net-
works, they identify and develop early-stage projects worldwide, that have strong potential for
growth with the objective of providing significant returns for shareholders. The Company’s cur-
rent activities are focused exclusively on the exploration and development of lithium brine pro-
jects in northern Argentina.
On Behalf of the Board of Directors,
A.I.S. Resources Limited
Marc Enright-Morin
Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
Website: www.aisresources.com
ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements con-
cerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations
reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corpora-
tion can give no assurance that they will prove to be correct. Since forward-looking statements address future events and condi-
tions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement
by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of
the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release
are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable
securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.