A.I.S. Resources Limited is pleased to announce that the lithium brine samples taken from Drill Hole 1 at the Company’s Guayatayoc Mina lithium project have been analysed by SGS, an international accredited chemistry analysis firm in Salta. Analysis DH 1 Geophysics Line 1 Rincondillas The results are excellent given this hole had to be moved 150 metres east of the target zone to the Quebralenas area where we have [...]
A.I.S. Resources Limited is pleased to announce that drill hole one on Guayatayoc Mina was completed 6 February 2019. A brine sample will be taken at the 400 metre level today and downhole geophysics undertaken over the weekend to determine porosity and permeability. Brine sampling commenced at the Guayatayoc Mina lithium project in Northern Argentina on January 29, 2019 at 295 metres with further samples taken at the 350 [...]
A.I.S. Resources Limited is pleased to announce that brine sampling commenced at the Guayatayoc Mina in Northern Argentina on January 29, 2019 at 295 metres depth. The target depth is 400 metres. Drill Rig Brine Sample Bottles Core Sample Sealed Drill Core Fig 1. Drill Rig A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a0b6b1d4-cb97-4690-8a37-57f535163598 Brine [...]
A.I.S. Resources Limited is pleased to announce that drilling commenced at the Guayatayoc Mina cateo in Northern Argentina on January 20, 2019. The target depth is 400 metres. 143 metres has been drilled so far. Drill Rig Drill Core Black Clays Brine sampling using a handheld resistivity meter has provided the following encouraging results: Resistivity 182 ms Specific Gravity is 1.12 Ph is 7.12 Brine samples from the [...]
A.I.S. Resources Ltd. 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 [...]
A.I.S. Resources Ltd. 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 [...]
A.I.S. Resources Limited announces that the Company has amended the terms of the non-brokered private placement announced on October 10, 2018. Under the amended terms AIS will issue up to 7,333,333 units of the Company at a price of $0.075 per unit for gross proceeds of up to $550,000. Each unit will consist of one common share and one transferrable share purchase warrant. Each warrant will entitle the holder thereof to [...]
A.I.S. Resources Ltd. announces that the Company has continued as a British Columbia corporation under the provisions of the Business Corporations Act and has applied for discontinuance of the Company in the Commonwealth of the Bahamas. The continuance in B.C. will not affect the Company's status as a listed company on The TSX Venture Exchange or as a reporting issuer under the securities legislation of British Columbia [...]
AIS Resources Limited 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 [...]
AIS Resources Limited announces that Hidrotec Drilling has completed 43m of drilling and has cemented the steel casing in place at AIS's Salinitas joint venture project with MGX Minerals Inc. . Samples taken from the 43m interval show a porous coarse sand which is conducive to the transmission of brines. The trenching program confirmed the presence of porous sands. The resistivity of these sands is expected to be [...]
A.I.S. Resources Ltd. announces that on November 9, 2018 the Company entered into a loan agreement with Mr. Bulent Seri for a loan in the amount of US$175,000. The loan is for the term of one year and bears interest at 10% per annum. Upon approval of the TSX Venture exchange the lender shall also receive from the Company bonus shares representing 10% of the aggregate sum of the loan. The Company shall also pay a loan [...]
A.I.S. Resources Ltd. 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 [...]