Geophysics Report Received, Trenching Completed at Salinitas Project, Salinas Grandes, Northern Argentina
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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GEOPHYSICS REPORT RECEIVED, TRENCHING COMPLETED AT
SALINITAS PROJECT, SALINAS GRANDES, NORTHERN ARGENTINA
Vancouver, British Columbia – October 09, 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 based on low resistivity values have been identified.
During this past week (1-6 October, 2018) Phil Thomas, Exploration Director and CEO undertook
a 20 trench sampling program using a 321C Caterpillar excavator to trench down to 5 metres at
each point selected at the Salinitas JV Project in the Salinas Grandes Salar, Salta Province,
Argentina. Ground water and brines were encountered in 19 out of 20 trenches. Ulexite (boron
mineral that frequently occurs with lithium) was encountered in several trenches and was evident
in an area approximately 1000sq m near trench 19.
The objective was to identify the types of sediments close to the surface with a specific resistivity
and identify the porosity of this unit, e.g. stratigraphic units of green grey clays, sand, black
volcanic sands, black shales or brown clays. The black sands/aggregates have a porosity of 22-
32% +/- 3%.
Preparations have commenced to start a drilling program in the next two weeks subject to drill
rig availability (which is estimated at 10 days). Some drill pad preparation was completed, and
roads have been upgraded using the 321 Cat excavator. Drill rig fluid pits have been dug at trench
site 12 and 18 in preparation for drill hole 1 and if successful drill hole 2.
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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The above 1D model at 2.5 Hz shows the two very low resistivity areas at a depth of 300-500m.
The black sands/shales/gravels were encountered trenching at UTM 802000 which is the
relationship we were seeking to correlate. The geophysics data was changed to 0 to 20 ohm-m,
rather than 0 to 100 ohm-m, and was modified to better highlight zones of very low resistivity,
and to better differentiate the resistivity within the 0 to 10 ohm-m range.
The above shows a very low resisitivity zone, possibly a lithium rich aquifer in black volcanic
sands given the trenching correlation. The red triangle is the trenching locations.
Above is the second zone of low resistivity, where there is large area approximately 2km wide by
150 metres in thickness in what is interpreted to be paleo channels.
Drill hole One
target
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Fig 1 shows the significant amount of brine that flowed into the 5m x 4m x 4m pit some 36,000
litres within 18 hours
Fig 2 shows the cat 320 trenching in the distance across the salt pan
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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Fig3 shows the transition from the green gray clay possibly montmorillite with black
sands/shales/agreggates starting to show through with water seeping immediately
Fig 4 shows the black sands/shales unit with brine/ground water flowing into it.
Since 1967
TSX-V: AIS A.I.S. Resources Limited
Page 5 of 6
Phil Thomas, Chief Executive Officer and exploration director of A.I.S., stated: “Our trenching
program has been a resounding success and enables us to drill with some confidence. We have
identified black sand/shale/aggregate units containing gravels that have very low resistivity and
the same resistivity signature will have a high probability of being encountered when drilled at
250 metres with units as thick as 150 metres. I am looking forward to the brine analysis to see
the surface brine composition although it will have little relativity to the brines at depth where
they will be more concentrated. Drilling is going to be exciting as we expect the aquifer flow to
be substantial.”
The Salinitas Project with MGX (CDN:XMG) is a joint venture where MGX have agreed to fund
$1.2 million in works for an 80% interest over the next two years. Subject to brine composition
and flow rate a production well will be drilled in either drill hole 1 or 2 for a 30 day pump test.
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
Since 1967
TSX-V: AIS A.I.S. Resources Limited
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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
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