A.i.s. Resources Delivers 150 Tonnes High-Grade Manganese ORE IN Six Containers to Dockside - FOR Export to China
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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A.I.S. RESOURCES DELIVERS 150 TONNES HIGH-GRADE MANGANESE
ORE IN SIX CONTAINERS TO DOCKSIDE - FOR EXPORT TO CHINA
Vancouver, British Columbia – July 23, 2019 – A.I.S. Resources Limited (TSX-V – AIS, OTCQB:
AISSF) (the “Company” or “AIS”) announced today that the Company’s initial trial shipment of 150
tonnes manganese ore has arrived at Lima, Peru and has been loaded into six containers. AIS
provides the following update:
Highlights of the Manganese Ore initial shipment include:
• 150 tonnes of high-grade fines manganese ore has been loaded into six containers to be
shipped the week of July 28, 2019.
• 350 additional tonnes has been bagged at the mine site in preparation for shipping.
• Centamin analysis of the 150 tonnes showed an average assay of 49.4% Mn, Fe 0.95%, SiO2
2.4% which is an excellent specification.
• Manganese Ore has recently sold in the range $233- $250 USD per tonne for 44% Mn content
($5.30-$5.70 USD per percentage Mn)
Short-term target of 10,000 tonnes Manganese Ore per month:
After this initial cargo of 6 containers per week for three weeks, AIS will follow with 40 containers
totaling 1,000 tonnes every two weeks from the San Jorge mine. As mining progresses at other
locations this will be increased to our short-term target of 10,000 tonnes per month.
• AIS is also negotiating additional sales agreements for high-grade fines manganese products
with several purchasers who will be receiving the trial shipments.
• Our Peruvian geologist and General Manager are currently visiting three other mines in the
Cajamarca area with the objective of adding lump manganese to the AIS product line.
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Figure 1 – the first six containers at dock side, each with 25 tonnes of manganese loaded as part
of the first 150 tonnes being shipped the week of July 28, 2019.
Figure 2 – trucks being loaded with manganese ore in bags.
Figure 3 – bagged manganese ore being unloaded from trucks and loaded into containers at the
dock.
AIS Resources President and CEO, Phillip Thomas stated, “I am delighted we have completed
loading the first six containers, and will be shipping manganese ore the week of 28th July 2019.
We are elated at the grade of the Manganese fines ore our supplier has been able to produce.”
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX-V listed investment issuer, is managed by experienced, highly
qualified professionals who have a long track record of success in lithium and manganese trading,
exploration, production and capital markets. Through their extensive business and mining
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 mining and trading of manganese ores in Peru, and 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
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
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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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.