A.I.S. Resources Limited Announces Option Grant

Vancouver, British Columbia – August 17, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that effective August 9, 2018 it has granted 126,667 stock options to a consultant of the Company pursuant to the Company’s Stock Option Plan.  The options vest immediately, have an exercise price of $0.15 per share and an expiry date of August 9, 2023. Effective August 17, 2018 AIS has granted an additional 1,000,000 stock options to directors, officers and consultants of the Company pursuant to the Company’s Stock Option Plan.  The options vest immediately, have an exercise price of $0.13 per share and an expiry date of August 17, 2023.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX 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. It is currently exploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Completes Geophysics at Salinitas, Salta, Argentina

Vancouver, British Columbia – August 13, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce completion of the previously announced Time Domain Electromagnetic (TDEM) survey at the Salinitas lithium brine project (the “Project”) located in the Salinas Grande Salar in northwest Argentina. The TDEM geophysical survey was conducted across 52 stations at 500 meter spacings totaling approximately 26 kilometers. Data compilation is underway and interpretation is expected to begin shortly. Based on interpretation of the TDEM data, the Company is now preparing to carry out trenching as well as an auger drilling program to test for shallow, near surface brines that contain anomalous concentrations of lithium and other elements correlated with geophysics in preparation for definition of drill targets.  The work is being supervised by Phillip Thomas Director of Exploration.

About the Salinitas Lithium Brine Project
The Salinitas tenements are located in the lithium triangle at the Salar de Salinas Grandes, in the Province of Salta. The 4,308 hectare land package resides in the Puna region of northwest Argentina near the border of Chile, an area renowned for its lithium- and potassium-rich brine resources. AIS has partnered with MGX Minerals (CSE: XMG) on the Project who is currently earning an undivided 80% interest by incurring total exploration expenditures of at least US$1.2 million by May 31, 2020 and by making payments totaling US$3.2 million which are primarily due at that time.

Figure 1. TDEM Stations at Salinitas Brine Project

 

Qualified Person
Phillip Thomas, BSc. Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms the basis of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the company as he is an officer and 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 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,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Acquisition of Salinitas Lithium Brine Project at Salinas Grande Salar, Argentina

Vancouver, British Columbia – July 25, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that the Company has entered into an option agreement to acquire five lithium brine mining tenements in the Salinas Grandes Salar, Salta province Argentina (“Salitinas” or “the Project”). The 4,308 hectare land package resides in the Puna region of northwest Argentina near the border of Chile, an area renowned for its lithium- and potassium-rich brine resources. The surface elevation of the Salinas Grandes salar is approximately 3,400 metres above sea level.

Figure 1. General Location Map of Argentina’s Puna
AIS-Resources-General-Location-Map-of-Argentina’s-Puna

Figure 2. Location Map of Concessions in the Salar De Salinas Grandes
AIS-Resources-Location-Map-of-Concessions-in-the-Salar-De-Salinas-Grandes

Under the terms of the Option Agreement AIS has agreed to incur total expenditures of at least US$1.2 million prior to June 13, 2020. The Company can acquire an undivided 100% in the Project at any time during the Agreement by making payments totaling US$4 million. To secure the Option Agreement, AIS has agreed to pay US$250,000.

AIS has granted to MGX Minerals Inc. (MGX) an Option to acquire an 80% interest in the Project. To secure the Option, MGX has agreed to pay US$250,000 on or before July 31,2018. MGX can acquire an undivided 80% in the Project at any time during the Agreement by making payments totaling US$3.2 million. MGX has also agreed to incur total expenditures of at least US$1.2 million prior to May 31, 2020.

AIS plans in partnership with MGX to conduct a Transient Electromagnetic Method (TEM) geophysical study along with trenching, which will be followed by a drill program along the edge of the salar, to test for shallow, near surface brines and determine locations with anomalous concentrations of lithium.

Martyn Element Chairman of AIS stated. “We look forward to beginning a productive partnership with MGX in Argentina.”

Qualified Person
Phillip Thomas, BSc, Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms the basis of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and 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 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,

AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Announces a Successful UGAMP Meeting

Vancouver, British Columbia – July 13, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to advise shareholders that the UGAMP meeting of the Provincial Mining Environmental Management Unit was convened on July 5, 2018 to review the Company’s exploration plans for the Guayatayoc project. The meeting went very well with no objections to AIS’s exploration activities being raised. A 30-day consultation period is now in effect, during which time further information may be re-quested by the three communities affected. One of the communities Quebraleña, has already signed an assembly document regarding AIS’s planned exploration work program. Marc Morin CEO stated. “The Secretary for the Department of Mines along with his officers were very supportive of our project. He asked AIS to follow up with his department in the next 10 days to get an update on the status of the issue of the drilling permit.” AIS has a drilling company on standby in anticipation of receipt of its drilling permit. The Com-pany intends to complete its seismic analysis, drill six holes to a depth of 350 meters each to test targets at its Guayatayoc concessions. Initially roads will be constructed, then drill pads and four 10,000 litre water tanks.

About Guayatayoc Property
AIS has an option over 5,225 ha in the Guayatayoc Salar which hosts favourable geology for lith-ium and was previously mined for boron, which is closely associated with lithium deposition. The salar is adjacent to the Salinas Grades salar and is situated 46km from the main sealed highway. The Company’s January 2017 sampling program sampled two trenches where values of 920 ppm and 270 ppm of Li with Mg to Li Ratios of 1:1 (Refer to February 1, 2017 News Re-lease) were discovered. Thirty five pits were also sampled with encouraging results (refer to February 22, 2017 News Release). Magnesium to lithium ratios were less than 4 to 1, which is excellent for low cost processing. The Company has produced 22 kilograms of samples to date. The AIS team met with Dr. R L Steinmetz PhD and representatives from the National Scientific and Technical Research Council (CONICET) who was able to provide valuable seismic, stratigra-phy and other geological evidence to support the Company’s exploration program. Dr. Steinmetz published her PhD thesis on the Guayatayoc basin in 2013 (Refer to the Company’s 43-101 report for details). AIS may purchase 100% of the Guayatayoc Property by paying $4.5million USD by October 11, 2018.

Representatives of the following groups attended the UGAMP meeting:

Secretaria de Gestión Ambiental. Secretary of Environmental Management
Secretaria de Derechos Humanos. Secretary of Human Rights.
Secretaria de Salud Pública. Secretary of Public Health.
Dirección Provincial de Políticas Ambientales y Recursos Naturales. Provincial Directorate of Environmental Policies and Natural Resources.
Dirección de Control Agropecuario. Directorate of Agricultural Control.
Dirección de Industria y Comercio. Directorate of Industry and Commerce.
Dirección de Recursos Hídricos. Directorate of Water Resources
Universidad Nacional de Jujuy (UNJU) National University of Jujuy (UNJU)
Centro de Geólogos. Geologists Center
Asociacion Obrera Minera Argentina (AOMA). Argentina Mining Workers Association (AOMA).
Empresarios Mineros (Camara Minera). Mining Businessmen
Comunidades Indígenas de la zona Proyecto Minero (Quebraleña, San Miguel de Las Colorados and Rincondillas). Indigenous Communities of the Mining Project zone (Quebraleña, San Miguel de Las Colorados and Rincondillas).
Autoridades Municipales de la zona del Proyecto Minero. Municipal Authorities of the Mining Project area
Departamento de Control y Policía Minera quien tendrá a su cargo la coordinación de la UGAMP. Department of Control and Mining Police who will be in charge of the coordination of the UGAMP.
Unidad de Gestión Quebrada de Humahuaca. Quebrada de Humahuaca Management Unit.

Qualified Person
Phillip Thomas, BSc, Geol, MBusM, MAIG, MAIMVA, (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms the basis of this news release, and has approved the disclosure herein. Mr. Thomas is not inde-pendent of the Company as he is an officer and 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 lithi-um 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,

AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Provides Chiron Drilling Results and Guayatayoc Update

Vancouver, British Columbia – June 12, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces it has completed two -90 degrees dip HQ diameter, diamond drill holes for a total of 757 metres, and 21 trenches with depths of 4-4.5 metres in its Pocitos concessions at its Chiron project in the eastern area of the Pocitos Salar. Economic cut-off values were set at 250ppm and 8:1 for Mg:Li values. All DDH hole and pit samples failed this test. The exploration team decided not to continue with the drilling program and exploration work. The Company decided not to exercise the property option which was extended by the vendor until receipt of assay results.   Our QP, Phillip Thomas supervised the drill program, sampling and analysis.

Lithium was present in the DDH brine samples taken using a double packer system and were analysed by Alex Stewart Laboratories in Jujuy, Argentina. Two core samples have been sent to GeoSystems Analysis Inc in Tucson, Arizona for specific brine yield measurements, porosity and permeability.

AIS-Resources-Chiron-Drilling-Results-01

Fig 1 – location of trench pits and drill holes in Pocitos One concession.

Our interpretation of the geophysics was accurate with a major aquifer being encountered at 16m within a black sand unit, indicated by a significant drop in resistivity and at depth where a brown clay unit had transitioned into a coarse sandy unit with halite. High resistivity was correlated to solid halite units with almost no porosity. Significant brine flows at very high pressures were encountered at depth in both diamond drill holes with estimated flow rates of 50,000-70,000 litres per minute. In the case of DDH PO2, the brine flowed under its own pressure for approximately 5.25- 5.5 hours.

AIS-Resources-Chiron-Drilling-Results-02

Fig 2 Brine from DDH PO1 • Fig 3 Brine from DDDH 2
Fig 4 Pit with brine (upper right corner) • Fig 5 DDH Core showing Black sand unit at 16M (lower right corner)

The results of the double packer (closed downhole sampling) DDH and pit tests are as follows:

Pocitos One – DDH Hole 1
All Values in ppm (parts per million) 100,000 ppm=10% , -90 degrees dip.
Latitude  24˚ 28’ 40.34”S • Longitude 67˚ 01’ 25.01”W

Sample No Density Li Ca Mg B Na K Sr Strontium Mg:Li Ratio
Accuracy

Mg/L ICP

0.05 0.025 0.05 0.05 0.1 0.2 0.01
PO1 1.211 66 788 1111 89 116571 2375 18.17 16.8:1
PO2 40 1197 22 740 116957 1816 27.37 0.55:1
PO3 59 1010 1237 47 113729 2139 23.41 21.0:1
PO4 66 660 1006 105 117887 2475 16.02 15.2:1
PO5 76 588 1100 131 116127 2630 13.05 14.5:1
PO6 1.213 88 581 1258 145 116147 2846 11.73 14.3:1

Pocitos One – DDH Hole 2
All Values in ppm (parts per million) 100,000 ppm=10%, -90 degrees dip.
Latitude  24˚ 28’ 38.59”S • Longitude 67˚ 01’ 00.82”W

Sample No Li Ca Mg B Na K Sr Strontium Mg:Li Ratio
Accuracy

Mg/L ICP

0.05 0.025 0.05 0.05 0.1 0.2 0.01
PO2-1 39 1229 758 25 115894 1866 27.12 19.4:1
PO2-2 74 1140 1547 62 106605 1600 23.62 20.9
PO2-3 112 1133 2144 88 103995 1568 20.88 19.1:1
PO2-4 126 1067 2521 111 94408 1392 19.23 20.0:1
PO2-5 95 601 1447 123 116064 2468 12.88 15.23

Pits
All Values in ppm (parts per million) 10,000 ppm=1%.
Depth 4.0m-4.5m

Pit No Li Ca Mg B Na K Sr Mg:Li
1 22 692 313 31 55,784 998 13.94 15:1
2 No brine
3 65 307 322 209 121722 3201 5.58 4.95
4 No brine
5 45 267 349 53 119763 1623 5.90 7.75
6 No brine
7 72 494 1131 141 116172 2467 9.79 15.7:1
8 76 484 1170 131 118995 2646 10.06 15.4:1
9 78 572 1207 132 116594 2469 10.08 15.5:1
10 179 310 482 316 116856 6375 10.01 2.69
11 80 179 538 1251 116746 2558 10.03 6.72

Pocitos 7
Pits (All Values in ppm (parts per million) 10,000 ppm=1%)
Lat 24˚ 34’ 11.57”S • Long 67˚ 00’ 50” (Pit 12)

Pit No Li Ca Mg B Na K Sr Mg:Li
12 72 497 1183 168 118450 2514 9.56 16.4:1
13 72 473 1156 163 115698 2460 8.89 16.0:1
14 73 467 1178 159 121693 2457 8.97 16.1:1
15 65 453 1011 112 121450 2305 8.75 15.6:1
16 68 468 1088 139 119398 2413 8.85 16.0:1

Pocitos 9
Pits (All Values in ppm (parts per million) 10,000 ppm=1%)
Lat 24˚ 35’ 52.86” • Long 66˚ 59’ 20.62” (pit 17)

Pit No Li Ca Mg B Na K Sr Mg:Li
17 75 461 1158 148 119869 2587 8.93 15.4:1
18 71 468 1097 126 121774 2612 9.47 15.5:1
19 107 407 1508 143 118643 3629 8.17 14.1:1
20 113 391 1565 143 120195 3815 17.26 13.8:1
21 73 733 480 64 35020 1608 19.53 6.6:1

Interpretation
Both drill holes intersected substantial localized aquifers, however sampling downhole using a double packer tool at 50 metre intervals showed that the lithium values were uneconomic and also the magnesium values were extremely high.  Economic cut-off values were set at 250ppm and 8:1 for Mg:Li values.

The geohydrological work on the surface showed that the lithium values in some of the pits with low Na values increased substantially in Lithium and Sodium values over a 7 day period suggesting that surface water drained through the shallow brown sandy clay and black sand unit that had higher porosity due to the sand content, and more lithium rich brines flowed in that had been trapped in the higher density lower clay units.  The brine density differential wasn’t measured but the low Na and Li values suggest these surface brines were lower density.

Pit 16 and 19
Was sampled within 12 hours of being dug and then again in 7 days.

Pit No Li Ca Mg B Na K Sr
16 1 801 41 3 1806 71 4.71
16 -7 days 71 468 1097 126 121774 2612 9.47
19 1 655 84 17 3861 89 7.55
19 – 7 days 107 407 1508 143 118643 3629 8.17

The black sand unit that occurred about three metres below the surface predominately in the central salar area showed substantial porosity and transmissitivity.  In DDH 1, 10 metres of black sand core was lost from the drill rod  below the 16 metre interval confirming substantial brine presence, but it was low in lithium concentration.  The Pocitos Salar was subjected to substantial rainfalls during December to March 2018 and this impacted surface brine concentration.  The highest lithium pit value was 179ppm in Pit 10 on the eastern most edge of Pocitos 2.    No evaporation studies were undertaken but anecdotal evidence suggests that 3-5cm of water had evaporated over the 30 day drill period.

The geological model adapted from the geophysics survey suggests that brine concentrates to the eastern edge but is stratified by less porous halite and clay units.  A cemented aggregate sand sequence was intersected above the brine aquifer at 320-325m in DDH1.  Other explorers have confirmed this model in that brines sampled in the west had little or no lithium. We took the view that considering the lithology, deeper drilling had a low probability of intersecting higher lithium grades.

AIS-Resources-Chiron-Drilling-Results-03

Fig 6  Black Sand unit • Fig 7 Black sand transitioning to  Halite Unit

Quality Control and Assurance
Alex Stewart International Argentina SA completed the sample analysis using an ICP diagnostic machine.  Three samples were submitted  in a group of six, and every 10 in 20 for quality control.  The variance was 2.5% or less in the lithium analysis, which reflected the variance in brine sampling.  ICP machine variance accuracy was 0.05%.

Pit and DDH Packer Sampling Quality Control
Each bottle was rinsed in brine. A sampling tool was used to ensure that minimum disturbance was created and the clay sediments were not disturbed. A sample was taken and the cap put on the 1 litre bottles with no air present.  The temperature was taken and recorded that was  approximately 6.5˚C.  The bootle was labelled PO1 or PO2 and then sealed with tape.  The QP checked the labelling and recorded it and the site geologist took all the samples to Alex Stewart Laboratories.  They sent a confirmation of the date, time and labels of the samples that were received and that they were still sealed.

Guayatayoc Update
The company has received the date for its UGAMP (La Unidad de Gestión Ambiental Minera Provincial) meeting slated for July 2nd, 2018.  The proposed meeting is for the ratification of our proposed drilling and exploration program at Guayatayoc. The process involves community consultation with government and representatives of AIS.

Once the meeting is complete,  a 30 day period for consultation is required, during which time AIS may be requested to provide further information of its planned work program.  If no objections are made, the permit will be issued.

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 of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and 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 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,

AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Adds Second Drilling Rig at Chiron

Vancouver, British Columbia – April 27, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce it has engaged a second drilling contractor, AGV Falcon S.R.L. of Salta, Argentina to complete up to four diamond drill holes for a total of 1,300 meters across four tenements at its Chiron project in the Pocitos Salar.

AGV Falcon has mobilized a drill rig onto the site and is expected to begin drilling on Saturday 29 April 2018. AIS is looking to expedite exploration at Chiron to gather all the necessary data prior to purchasing the project.

Phil Thomas, Chief Operating Officer and exploration director of A.I.S., stated: “It will be exciting to see the brine results in the core and how well it correlates with the geophysics we have completed. We will drill one hole in Pocitos 2 down to 400m to examine the lithium concentration in the brine at depth. Our modelling suggests there is a significant aquifer at depth but this will give us proof. I will be overseeing the data collection and ensure that QA/QC is monitored and our local geologist will be supervising the packer testing.”

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 portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and 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 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,

AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Prepares for Drilling

Vancouver, British Columbia – April 20, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce it has engaged Hidrotec SRL of Salta, Argentina to complete up to eight diamond drill holes for a total of 2,300 meters across all four tenements at its Chiron project in the Pocitos Salar.

Hidrotec has mobilized a drill rig onto the site, as well as some of the necessary equipment to begin the construction of the drill pads and drilling to start on April 24, 2018.

  • AIS plans to drill eight holes, to various depths between 300 and 400 meters.
  • Chiron appears to be the preferred area in the salar for brine saturated sequences, based on geophysics data interpretation.
  • This upcoming drill campaign will enable the Company to outline an initial maiden resource at Chiron after a pump test has been completed.

Phil Thomas, Chief Operating Officer and exploration director of A.I.S., stated: “We are very excited at the prospect of drilling these sequences as the geophysics showed very low resistivities from 20 metres to more than 200 metres below the surface. Adjacent concession holders are also preparing to drill and this will provide the basis for a sound geological model.

We are also looking forward to using a new geophysics technique using magnetic resonance of hydrogen to determine porosity and permeability to calculate the reservoir and specific brine yield values. This technique is tried and tested in oil but this is the first time it will be used commercially in brines with high salt content. This will save us nearly 4 months of brine yield testing using traditional methods.”

Historical Work
The Pocitos salar basin was previously drill tested, with 12 shallow holes in 1979, by the Direccion General de Fabricaciones Militares (DGFM). The most significant result from this historical work program includes a shallow drill hole, which averaged 417 parts per million (ppm) lithium and 15,300 ppm potassium. The above historical results cannot be verified by the company, and are not NI-43-101 compliant.

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 portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and shareholder.About A.I.S.

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 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,

AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Provides Corporate Update

Vancouver, British Columbia – March 22, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce final interpretation of geophysics at Chiron. The company’s fundamentals have not changed, but improved, and it remains on target with its timelines to become a lithium carbonate producer in the first quarter of 2020.

Chiron Project Update

Final Interpretation of Geophysics
The TEM (transient electromagnetic survey) testing has detected substantial aquifers over a broad area at its Chiron Project in the Pocitos Salar, Salta Province, Argentina. Low resistivity sequences at 10 meters, 20 meters and 100 meters are interpreted as rich sandy acquifers. See below.

East West Profile Through Chiron 1-2

The surface acquifer can easily be seen but it is quite narrow in comparison to the acquifer at 3605m MASL (meters above sea level) which is 80 metres in depth. These extremely low values suggest the brines are highly conductive and not consolidated at this depth. We would expect middle size grains of sand and some clay components (that improve conductivity).

Chiron 7 North South Profile

The brines at the southern end of the concession have built up close to the tectonic/fault structure adjacent to the concessions. The geological model of the alluvial fans filling the basin with sands and lithium bearing minerals from the local ignimbrites and andesites is consistent with a porous sandy medium.

Chiron 9 East West Profile

Drilling at Chiron
The Puna region has experienced unusually high levels of rains due to “La Ninã” weather patterns over the last several weeks. The company is ready to mobilize a drilling crew as soon as the Salar dries and drill pads are in. All the necessary permitting is in place and drill hole locations have been finalized. The company has sufficient funds to carry out the drilling program. A total of 3200 meters is planned across all tenements.

AIS Resources’ Chiron Project with four properties shown in blue – Located in the Pocitos Salar

Guayatayoc Permit Update
The company has completed all the necessary requirements under current mining legislation for the approval of its drilling permit and we are waiting for the Government of Jujuy to set the date for our UGAMP meeting. The meeting is comprised of several government agencies, communities and the company to discuss the project and final approval of a drilling permit.

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 portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and shareholder.

About A.I.S. Resources
A.I.S Resources Limited 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 network, 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 most recent activities have been the exploration of lithium properties in Northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Detects Potential Lithium-Rich Aquifers at Chiron Project, Prepares for Drilling

Vancouver, British Columbia – January 29, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that seismic testing has detected three distinct aquifers over a broad area at its Chiron Project in the Pocitos Salar, Salta Province, Argentina.

Preliminary highlights from the TEM (Transient Electromagnetic Survey) program are as follows:

  • Low resistivity sequences interpreted as aquifers have been detected in what correlates to sand-rich units at depths of 10 meters, 20 meters and 100 meters at each of AIS’s four Chiron concessions.
  • Extremely low resistivity (0.4-1.0 ohm-m) at each of 19 data points covering the 27 sq. km project suggests the potential for lithium brines and at scale;
  • Chiron appears to be the preferred area in the salar for brine saturated sequences, based on seismic data, and will be drill tested shortly (in February) with an 8-hole, 3,200-meter drill program.

Further geophysics modelling data will be available in 7-10 days, immediately ahead of the commencement of drilling.

Phil Thomas, Chief Operating Officer and exploration director of A.I.S., stated: “This initial seismic data from Chiron based on the TEM geophysics strongly supports our case for acquiring these strategic concessions. Together with our Guayatayoc Project to the northwest in Jujuy province, where we’ve made excellent progress with our pilot plant production chemistry, A.I.S. is on track for a breakthrough year as an emerging new producer in the lithium brine space in Argentina.”

Guayatayoc Update
Crews will be mobilized to Guayatayoc to commence a 14-hole, 4,000-meter program upon receipt of final drilling permits and completion of drilling at Chiron.

The program at Guayatayoc will test grade, porosity and permeability and include a 30-day pumping test of the aquifers. This will be followed by geohydrology, reservoir modelling and an initial resource report. Based on results the Company may proceed to a Mineral Resource Report followed then by a definitive Feasibility Study, to be delivered in 2018.

When permits are granted the company intends to follow the mineral reserve estimations with civil works at Guayatayoc subject to pond permitting by the government in Jujuy. The management team will be in Argentina in February to progress the permitting process and exploration of Chiron.

AIS-Chiron-Drilling-Permit-Map

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 portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and 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 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,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Investor Relations
For investor relations inquiries contact Skanderbeg Capital Advisors:
Adam Ross
T: 604-687-7130
C: 604-788-2499
E: adam@skanderbegcapital.com

Corporate Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.

A.I.S. Resources Drilling and Seismic Exploration Application and Plan Approved at Chiron Project Prepares Seismic Survey

Vancouver, British Columbia – January 5, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces it has been granted an exploration licence for seismic and drilling at its Chiron project. This allows the company to quickly progress to a TEM seismic program and then drilling immediately following.

AIS has entered into a contract with Quantec Geoscience Argentina S.A. to conduct a 19 point TEM (VES) seismic survey in early January 2018. The survey will utilize one Geonics EM37 transmitter, a Geonics Protem 37 receiver and a 3D coil.

The main objective of the requested TEM surveys is to define the subsurface horizon’s that are highly conductive that will likely define the presence of aquifers on the properties down to a depth of approximately 400 metres for drill targets.

The work will be completed by February 2018. Preliminary tenders have been received from a number of drilling companies for an eight hole program of 3,200 metres.

AIS-Chiron-Drilling-Permit-Map

 

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 portions of this news release, and has approved the disclosure herein. Mr. Thomas is not independent of the Company as he is an officer and shareholder.

About A.I.S. Resources
A.I.S Resources Limited 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 is currently focused on the exploration and development of lithium properties in Northern Argentina.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Marc Enright-Morin, President and CEO

Contact
A.I.S. Resources Limited
Marc Enright-Morin
President and CEO
T: 778-892-5455
E: memorin@aisresources.com
W: 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.