Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

AIS.V ·

A.i.s. Detects Potential Lithium-Rich Aquifers at Chi- Ron Project, Prepares FOR Drilling

Exploration Programs

Since 1967

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

Page 1 of 4

A.I.S. DETECTS POTENTIAL LITHIUM-RICH AQUIFERS AT CHI-

RON PROJECT, PREPARES FOR DRILLING

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

AISSF) (the “Company” or “AIS”) is pleased to announce that seismic testing has detected three

distinct aquifers over a broad area at its Chiron Project in the Pocitos Salar, Salta Province, Argen-

tina.

Preliminary highlights from the TEM (Transient Electromagnetic Survey) program are as follows:

 Low resistivity sequences interpreted as aquifers have been detected in what correlates to

sand-rich units at depths of 10 meters, 20 meters and 100 meters at each of AIS’s four

Chiron concessions.

 Extremely low resistivity (0.4-1.0 ohm-m) at each of 19 data points covering the 27 sq. km

project suggests the potential for lithium brines and at scale;

 Chiron appears to be the preferred area in the salar for brine saturated sequences, based

on seismic data, and will be drill tested shortly (in February) with an 8-hole, 3,200-meter

drill program.

Further geophysics modelling data will be available in 7-10 days, immediately ahead of the com-

mencement of drilling.

Phil Thomas, Chief Operating Officer and exploration director of A.I.S., stated: “This initial seismic

data from Chiron based on the TEM geophysics strongly supports our case for acquiring these

strategic concessions. Together with our Guayatayoc Project to the northwest in Jujuy province,

where we’ve made excellent progress with our pilot plant production chemistry, A.I.S. is on track

for a breakthrough year as an emerging new producer in the lithium brine space in Argentina.”

Guayatayoc Update

Crews will be mobilized to Guayatayoc to commence a 14-hole, 4,000-meter program upon re-

ceipt of final drilling permits and completion of drilling at Chiron.

The program at Guayatayoc will test grade, porosity and permeability and include a 30-day pump-

ing test of the aquifers. This will be followed by geohydrology, reservoir modelling and an initial

resource report. Based on results the Company may proceed to a Mineral Resource Report fol-

lowed then by a definitive Feasibility Study, to be delivered in 2018.

Since 1967

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

Page 2 of 4

When permits are granted the company intends to follow the mineral reserve estimations with

civil works at Guayatayoc subject to pond permitting by the government in Jujuy. The manage-

ment team will be in Argentina in February to progress the permitting process and exploration of

Chiron.

Qualified Person

Phillip Thomas, BSc Geol, MBusM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under

NI-43-101 regulations, has reviewed the technical information that forms the basis for portions of

this news release, and has approved the disclosure herein. Mr. Thomas is not independent 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

Since 1967

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

Page 3 of 4

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.

For investor relations inquiries contact Skanderbeg Capital Advisors,

Adam Ross,

Office 604-687-7130

Cell 604-788-2499

[email protected]

On Behalf of the Board of Directors,

A.I.S. Resources Limited

Marc Enright-Morin

Marc Enright-Morin

President and CEO

Contact

A.I.S. Resources Limited

Marc Enright-Morin

President and CEO

T: 778-892-5455

E: [email protected]

Website: 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 reasonable, undue reliance should not be placed

Since 1967

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

Page 4 of 4

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 na-

ture 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 Cor-

poration 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 obliga-

tions 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.