A.i.s Resources Completes ROAD and Drill Pad at Guayatayoc Mina, Drill Hole One to Commence 23 Jan 19
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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A.I.S RESOURCES COMPLETES ROAD AND DRILL PAD AT
GUAYATAYOC MINA, DRILL HOLE ONE TO COMMENCE 23 JAN 19
Vancouver, British Columbia – January 18, 2019 – A.I.S. Resources Limited (TSX-V – AIS, OTCQB:
AISSF) (the “Company” or “AIS”) is pleased to announce that the 3km road to drill hole DH1 and
the drill pad have been completed. The Salar contains brine less than 0.6m below the surface so
an 0.8m elevated road was constructed to support heavy trucks and machinery. The elevated road
held up well with only slight rains in our area although rains were heavy elsewhere in the region.
The rig, drill rods and supplies are located only three kilometres away. Drillers have provided their
approval of the road and have commenced preparations to begin drilling shortly.
DH 1 location
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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This is the composite plan at 300m depth of resistivity. The dark and light purple areas are
below 0.025 ohm-m value which indicates potentially other elements beside sodium chloride is
reducing the resistivity. The red lines are the border between Quebralena community and
Rincondillas community. The black line is the VES geophysics traverse line. The original location
was found to be on Rincondillas land which is pending a drilling permit so it was moved 100m
to Quebralena land which has a drilling permit in place.
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Truck Parked at Drill Pad
Brine and waste wells for drill rig
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Significant progress has been made with the Ricondillas community and we believe they are
very close to signing an assembly document allowing us to progress to a UGAMP meeting. Our
traditional owners liaison team is meeting with the community on January 20, 2019.
Phil Thomas CEO said that, “This first drill hole will give us a significant amount of data allowing
us to fine tune our drill program assuming we intersect lithium bearing aquifers. The trench
above the DH1 hole recorded 47ppm lithium and 150 ppm magnesium. Our tenement area is
8km wide by 5km in length with low resistivity zones at about 200m with depths of up to 100
metres so with lithium on surface its highly prospective. 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 examine the core.”
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
Website: www.aisresources.com
Martyn Element
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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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
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
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