A.i.s Resources Completes Geophysics Analysis at Guayatayoc Salar, Jujuy Province, Northern Argentina with Outstanding Results
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 1 of 6
A.I.S RESOURCES COMPLETES GEOPHYSICS ANALYSIS AT
GUAYATAYOC SALAR, JUJUY PROVINCE, NORTHERN ARGENTINA
WITH OUTSTANDING RESULTS
Vancouver, British Columbia – October 12, 2018 – A.I.S. Resources Limited (TSX-V – AIS, OTCQB:
AISSF) (the “Company” or “AIS”) is pleased to announce that the final TEM Geophysics report from
Quantec with detailed analysis of the TEM profiles has been interpreted. Two major aquifer
structures, one almost 8km wide and 100 metres in depth, based on low resistivity values have
been identified. In five of the six profiles analysed all have resistivity values below 0.026 ohm-m
which is considered exceptional. Two independent geophysicists have examined the profiles and
come to the same conclusion as our Exploration Director, Phil Thomas.
Preparations have commenced to start a drilling program in the next four weeks subject to drill
rig availability.
Fig 1. Shows the six TEM lines that were surveyed from left to right, 1-6. Profile one (L1N) was 8km
and cross both Guayatayoc III and Guayatayoc Mina concessions. Profile two(L2N) was 5km across
the northern portion of Guayatayoc III and Profiles three through six (L3N, L4N, L5N & L6E)
concentrated in the northern section of Guayatayoc Mina.
drill hole one
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 2 of 6
Profile One
Profile One (L1N) showing aquifer region which is 8km wide. Areas of resistivity of 0.015ohm-m
or lower are outlined in black. This is exceptionally low considering a concentration of 280,000ppm
salt in water at 10 degrees has a value of 0.025 ohm-m so it appears there are other conductive
ions besides sodium present where resistivity values are 0.015 ohm-m or lower.
Resistivity Legend
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 3 of 6
Profile 2 – Guayatayoc III
Profile two (L2N) shows resistivity values less than 0.72 ohm-m which is very exciting given the
west side appears to continue into L3N at Guayatayoc Mina.
Profile 3
Profile 3 (L3N) shows a low resistivity area to the east which is the end of the continuation of
L2N but shows much lower resistivity at the 250 metre level. Plan views have been constructed
for each 50 metre level down to 400 metres. TEM survey results here are exceptional because
there is high contrast between drier (yellow/green) and wet (purple/red) strata at depth.
Profile 4
Profile 4 shows the edge of the delta and there are no significant low resistivity zones here, so
there is no point drilling this area.
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 4 of 6
Profile 5
Profile 5 (LN5) shows a low resistivity area to the east of the survey area but shows much lower
resistivity at the 250 metre level. We extensively sampled the surface north and south of LN5 with
36 two metre deep trenches and recorded lithium values from 50-200ppm. These concentrations
of lithium are coming in at 0.277 ohm-m near the surface and so we conclude there are likely to
be higher concentrations of lithium at depth where lithium has concentrated over the past 1.6
million years.
Profile 6 is diagonally across the top corner of Guayatayoc Mina and picks up the sampling results
at the surface of 145ppm lithium. The purple zone of less than 0.015 ohm-m is less than 100
metres from the surface and would be an ideal drilling target.
Phil Thomas said that, “These results are exactly what we were looking for, a deep basin with very
large aquifers defined at the moment by low resistivity zones, 8km wide by 5 km in length at about
200m with depths of up to 100 metres. Our first drill hole is located over the widest point of the
low resistivity zone in Guayatayoc Mina so we are very anxious to get the results of the packer
brine sampling test and look at the core.”
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 5 of 6
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 this news
release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company
as he is Chief Executive Officer and a 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
networks, they identify and develop projects worldwide that have strong potential for growth with
the objective of providing significant returns for shareholders. The Company’s current activities
are focused on the exploration and development of lithium brine projects in northern Argentina.
On Behalf of the Board of Directors, A.I.S. Resources Limited
Phillip Thomas
President and CEO
Contact
Phillip Thomas - President and CEO
T: 747-200 9412
Website: www.aisresources.com
Martyn Element
Chairman
T: 604 687-6820
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
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
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 6 of 6
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.