AIS Resources Reports Successful Meeting at Rincondillas Guayatayoc III, North Argentina
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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AIS RESOURCES REPORTS SUCCESSFUL MEETING AT RINCONDILLAS
GUAYATAYOC III, NORTH ARGENTINA
VANCOUVER, BRITISH COLUMBIA, November 28, 2018 / AIS Resources Limited (“AIS”)( (TSX-V
– AIS, OTCQB: AISSF) has had a successful meeting with the Management Committee and
community of Rincondillas, that occupies most of Guayatayoc III cateo. This was a major
breakthough, as we have been working with the community over the past 18 months to arrange
this meeting.
Phillip Thomas, CEO, David Carabanti, geologist, Federico Gonzales, AIS community liaison and a
notary presented to 43 members of the community. The Management Committee said they were
pleased with the presentation and would work with the rest of the community over the next week
to resolve any outstanding issues. The chairman said AIS received a vote of confidence from the
Management Committee as a result of our presentation.
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Fig 1 shows the geophysics overlay with the dark purple areas having a resistivity below 0.025
ohms per metre, and the hole locations with hole 01 and 02 currently having the road built on
Guayatayoc Mina and Guay 1-6 being the holes on Guayatayoc III cateo.
The Assembly Notes of the meeting were certified by AIS’s notary and submitted on November
26, 2018 to the Secretary of the Mines Department in Jujuy. AIS has also submitted a request to
have the UGAMP meeting held as soon as practical. A follow up to these submissions will be a
tour of the drill hole locations with the Management Committee of Rincondillas so they can view
the location of the road and the two proposed drill holes, Guay 2 and Guay 4. We have asked the
Management Committee to permit us to start road construction (which will take 14-21 days) prior
to the granting of the drill permit. We envisage a 20 day drilling campaign (10 days per hole) after
the drilling permit is issued.
Fig 2 shows the Guayatayoc III cateo from Rincondillas village with Guay 6 drill hole 5.7km away
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Phil Thomas, President of AIS Resourcesstated “This was a fantastic meeting as the Rincondillas
Management Committee arranged for us to meet with the whole community and there was nearly
100% attendance. Great questions were asked, misconceptions were resolved, and we received a
round of applause at the end! All documents required have been filed. It has been a long 18
months to get to this point but I feel we are now on the fast track. The Rincondillas community
recognized our concern for the landscape and the environment and the prosperity that has come
to the Quebralenas community with our roadbuilding at Guayatayoc Mina.”
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 Ltd
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 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
Phillip Thomas
President and CEO
Contact
Contact
Phillip Thomas - President and CEO
T: 747-200 9412
Martyn Element
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Chairman
T: 604 687-6820
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 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
responsibility for the adequacy or accuracy of this release.