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AIS.V ·

A.i.s. Begins Geophysics at Salinitas, Salta, Argentina

Exploration Programs

Since 1967

TSX-V: AIS A.I.S. Resources Limited

Page 1 of 2

A.I.S. BEGINS GEOPHYSICS AT SALINITAS, SALTA, ARGENTINA

Vancouver, British Columbia – July 29, 2018 – A.I.S. Resources Limited (TSX-V: AIS,

OTCQB: AISSF) (the “Company” or “AIS”)is pleased to announce the engagement of Quan-

tec Geoscience (“Quantec”) to complete a Time Domain Electromagnetic (TDEM) survey on the

Salinitas lithium brine project (the “Project”) in the Salinas Grande Salar in Salta, Argentina. AIS

has partnered with MGX Minerals (CSE: XMG) on the Project who is currently earning an 80%

interest. The TDEM geophysical survey will be conducted along 52 stations spaced in 500 meter

intervals across the edge of the salar to test for shallow, near surface brines to determine locations

with anomalous concentrations of lithium.

About the Salinitas Lithium Brine Project

The Salinitas tenements are located in the lithium triangle of Argentina, Salar de Salinas Grandes,

Province of Salta. The 4,308 hectare land package resides in the Puna region of northwest Argen-

tina near the border of Chile, an area renowned for its lithium- and potassium-rich brine resources.

MGX can earn an undivided 80% interest 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 mil-

lion prior to May 31, 2020.

Figure 1. Proposed TEM Stations at Salinitas Brine Project

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 inde-

pendent 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 current

activities are focused exclusively on the exploration and development of lithium brine projects 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

E: [email protected]

Website: www.aisresources.com

ADVISORY: This press release contains forward-looking statements. More particularly, this press release

contains statements concerning the anticipated use of the proceeds of the Private Placement. Although

the Corporation believes that the expectations reflected in these forward-looking statements are reason-

able, undue reliance should not be placed on them because the Corporation can give no assurance that

they will prove to be correct. Since forward-looking statements address future events and conditions, 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 in-

formation, whether as a result of new information, future events or otherwise, unless so required by ap-

plicable 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.