A.I.S. Resources Completes 43M of Drilling at Salinitas Project, Salinas Grandes, North Argentina

Vancouver, British Columbia – November 28, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) 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 (CDN:XMG). 

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 encountered at depth. 

Phil Thomas, AIS CEO and Exploration Geologist said he was delighted at the speed the roads were constructed, the availability of water beside the drill hole location and the gracious attitude of the surrounding communities at the pre-mobilization meeting on November 16, 2018.

Figure 1 – Shows drilling a 6 inch well for the steel casing that went in on 25th Nov 2018 before they diamond drill HQ diameter core. The casing is to prevent a collapse of the well in unconsolidated sediments as brine pressures at depth are significant.

Location of Drill Hole 2

Figure 2 – Shows the dark purple area in the TEM survey shows resistivity values that are less than the value for salt water implying the presence of other elements in the brines.

Figure 3 – Shows sandy unconsolidated sediments from the 43.7m level in DH1.

Figure 4 – Road into the drill site showing Salinas Grandes salar in the background. Roads used by Bollare (now Eramet) to drill and still in perfect condition only 11km away.

Phil Thomas, Chief Executive Officer of AIS Resources stated, “It is all systems go now, with Alex Stewart Laboratories in Jujuy on standby to process brine results using ICP. We have scheduled 12 double packer tests to sample the brines down to 400m. Our Geologist David Carabanti is on site to log the core and supervise. Geosystems in Tucson are ready to complete the specific yield and other porosity tests.”

The Salintas Project with MGX (CDN:XMG) is a joint venture where MGX have agreed to fund CAD$1.2 million in works for an 80% interest over the next two years. Subject to brine composition and flow rate, it is our intention to put in a production well to be drilled in either drill hole 1 or 2 for a 30-day pump test. The budget for a two-hole program including post hole analysis and reporting is approximately US$400,000. If the project is a success, another 4 wells will be drilled to production dimensions. Salinas Grandes has been explored with positive results by Orocobre in 2011 and is currently being explored by other Cateo holders nearby.

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 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.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S. Resources Reports Successful Meeting at Rincondillas Guayatayoc III, North Argentina

Vancouver, British Columbia – November 28, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) has had a successful meeting with the Management Committee and the 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.

Figure 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.

Figure 2 – Shows the Guayatayoc III cateo from Rincondillas village with Guay 6 drill hole 5.7 km away.

Phil Thomas, President, AIS Resources
As stated by Phil Thomas, “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
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.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S Resources Limited Enters Into Loan Agreement

Vancouver, British Columbia – November 16, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) 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 application fee in the amount of US$5,000. Proceeds of the loan will be used for working capital purposes. The Company intends to repay the loan by means of future private placement financings.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experi-enced, 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 ex-ploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S Resources Completes Geophysics Analysis at Guayatayoc Salar, Jujuy Province, Northern Argentina with Outstanding Results

Vancouver, British Columbia – October 12, 2018 – A.I.S. Resources Limited (TSX: 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, 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 geophysicists have examined the profiles and come to the same conclusion as our Exploration Director, Phil Thomas.

Preparations have commenced to start a drilling program in the next four weeks subject to drill rig availability.

Figure 1 – Shows the six TEM lines that were surveyed from left to right,1-6.Profile one (L1N) was 8km and cross both Guayatayoc III and Guayatayoc Mina concessions. Profile two(L2N) was 5km across the northern portion of Guayatayoc III and Profiles three through six (L3N, L4N, L5N & L6E) concentrated in the northern section of Guayatayoc Mina.

Profile One – Profile One (L1N) showing aquifer region which is 8km wide. Areas of resistivity of 0.015ohm-m or lower are outlined in black. This is exceptionally low considering a concentration of 280,000ppm salt in water at 10 degrees has a value of 0.025 ohm-m so it appears there are other conductive ions besides sodium present where resistivity values are 0.015 ohm-m or lower.

Resistivity Legend 

Profile 2 – Guayatayoc III – Profile two (L2N) shows resistivity values less than 0.72 ohm-m which is very exciting given the west side appears to continue into L3N at Guayatayoc Mina.

                                                                                                           

Profile 3 (L3N) – Shows a low resistivity area to the east which is the end of the continuation of L2N but shows much lower resistivity at the 250 metre level.  Plan views have been constructed for each 50 metre level down to 400 metres.  TEM survey results here are exceptional because there is high contrast between drier (yellow/green) and wet (purple/red) strata at depth.

Profile 4 – Shows the edge of the delta and there are no significant low resistivity zones here, so there is no point drilling this area.

Profile 5 (LN5) – Shows a low resistivity area to the east of the survey area but shows much lower resistivity at the 250 metre level.  We extensively sampled the surface north and south of LN5 with 36 two metre deep trenches and recorded lithium values from 50-200ppm.  These concentrations of lithium are coming in at 0.277 ohm-m near the surface and so we conclude there are likely to be higher concentrations of lithium at depth where lithium has concentrated over the past 1.6 million years.

Profile 6 – Is diagonally across the top corner of Guayatayoc Mina and picks up the sampling results at the surface of 145ppm lithium.  The purple zone of less than 0.015 ohm-m is less than 100 metres from the surface and would be an ideal drilling target.

Phil Thomas said that, “These results are exactly what we were looking for, a deep basin with very large aquifers defined at the moment by low resistivity zones, 8km wide by 5 km in length at about 200m with depths of up to 100 metres. Our first drill hole is located over the widest point of the low resistivity zone in Guayatayoc Mina so we are very anxious to get the results of the packer brine sampling test and look at the core.”

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,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S. Resources Announces Private Placement and TSX Exchange Acceptance of Warrants Extension

Vancouver, British Columbia – October 10, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces a non-brokered private placement of up to 5 million units of the Company at a price of $0.11 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 purchase one additional common share for a period of 12 months from the closing date of the offering at a price of $0.20 per common share provided that if the closing price of the common shares of the Company on any stock exchange or quotation system on which the common shares are then listed or quoted is equal to or greater than $0.30 for a period of fifteen (15) consecutive trading days, the Company will have the right to accelerate the expiry of the warrants to a date that is not less than ten (10) business days from the date notice is given. The Company will pay up to 8% finders fees and 8% finders warrants.

The Company is also pleased to announce that the TSX Exchange has accepted the extension of the expi-ry date of 4,505,000 warrants exercisable at $0.30 from October 5, 2018 to October 5, 2019.

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 part of this news re-lease, and has approved the disclosure herein. Mr. Thomas is not independent of the company as he is a Chief Executive Officer and shareholder.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experi-enced, 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 ex-ploring the Guayatayoc and Salinas Grandes salars.

On Behalf of the Board of Directors,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S. Resources Announces Geophysics Report Received and Trenching Completed at Salinitas Project, Salinas Grandes, Northern Argentina

Vancouver, British Columbia – October 9, 2018 – A.I.S. Resources Limited (TSX: 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.

 

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 100ohm-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.

FIGURE 1 LEFT – Shows the significant amount of brine that flowed into the 5m x 4m x 4m pit some 36,000 litres within 18 hours. FIGURE 2 RIGHT – Shows the cat 320 trenching in the distance across the salt pan.

FIGURE 3 LEFT – Shows the transition from the green gray clay possibly montmorillite with black sands/shales/agreggates starting to show through with water seeping immediately. FIGURE 4 RIGHT – Shows the black sands/shales unit with brine/ground water flowing into it.

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,
AIS Resources Ltd.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S. Resources Announces Drill Permit Issued for Guayatayoc Mina, Argentina

Vancouver, British Columbia – October 9, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that it has been issued with a seismic and drilling exploration permit for Guayatayoc Mina. It is expected that the permit for Guayatayoc III will also be issued shortly.

Detailed discussions with Quantec have been undertaken with regards to a TEM survey and results will be available shortly, subject to inhouse analysis and interpretation.

We are planning a two-hole drill program, and shortly drill pads, roads and drill fluid pits will be ar-ranged. It is anticipated that the drill program will commence in four weeks or earlier. The depth of each drill hole will be 400 metres. A baseline environmental study will be completed prior to the drilling activities. Sampling of water and soils will commence next week.

Phillip Thomas, CEO and Exploration Director commented, “This is a great outcome after two years of work with the communities and the government of Jujuy, particularly the Mines Department in Jujuy. The relationships we have developed will assist us in other initiatives we have planned for. Positive drill results will have a significant effect on the Company’s future.”

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 part of this news re-lease, and has approved the disclosure herein. Mr. Thomas is not independent of the company as he is a Chief Executive Officer and shareholder.

About A.I.S. Resources
A.I.S. Resources Ltd. is a TSX listed investment issuer, was established in 1967 and is managed by experi-enced, 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 high economic probability projects worldwide, that have strong potential for growth with the objective of providing significant returns for shareholders. The Company’s current activities are fo-cused 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.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687 6820
E: melement@aisresources.com

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.

A.I.S. Resources Applies to Extend Warrants Terms

Vancouver, British Columbia – October 3, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that the Company has applied to the TSX Exchange to amend the expiry date of 4,505,000 warrants exercisable at $0.30 from October 5, 2018 to October 5, 2019.  The amendment is subject to TSX Exchange approval.

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 ex-ploration, production and capital markets. Through their extensive business and scientific net-works, 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.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com

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.

A.I.S. Resources Extends Guayatayoc and Vilama Properties Option for Six Months and Enters into Loan Agreement

Vancouver, British Columbia – October 3, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that further to the Company’s September 13, 2018 news release AIS has paid US$200,000 to extend its right to explore the Guayatayoc III, Guayatayoc Mina and Vilama properties from October 1, 2018 to March 31, 2019. The Company may exercise its option to acquire the property for US$4.5million.

On September 28, 2018 the Company entered into a loan agreement with Mr. Bulent Seri for a loan in the amount of US$US200,000. The loan is for the term of one year and bears interest at 8% per annum. Upon approval of the TSX Venture exchange the lender shall also receive from the Company bonus shares representing 20% of the aggregate sum of the loan. Proceeds of the loan will be used for working capital purposes. The Company intends to repay the loan by means of future private placement financings.

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 ex-ploration, production and capital markets. Through their extensive business and scientific net-works, 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.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 747 200 9412
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com

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.

A.I.S. Resources Signs Agreement to Extend Guayatayoc and Vilama Properties Option for Six Months

Vancouver, British Columbia – September 13, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that it has signed an option agreement to extend its right to explore the Guayatayoc III, Guayatayoc Mina and Vilama properties from October 1, 2018 to March 31, 2019 for consideration of US$200,000.  The Company may exercise its option to acquire the property for US$4.5million. 

The 60 day notice period for UGAMP submissions has concluded and the Company has responded to all UGAMP requests. Favourable negotiations have been held for the issue of a drilling and seismic permit for Mina Guayatayoc which will be issued shortly.

Phil Thomas stated, “We are very pleased to have completed the consultation process that culminated in the Company signing an agreement with the Quebralena community. We look forward to receipt of our drilling permit and commencement of our seismic and drill program.”

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 part 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 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.
Phillip Thomas, President & CEO

Corporate Contact
Phillip Thomas
President & CEO
T: 011 61 3 9943 2374
E: pthomas@aisresources.com

Martyn Element
Chairman
T: 604 687-6820
E: melement@aisresources.com

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.