A.I.S. Resources Guayatayoc Mina Lithium Project, North Argentina Completes Initial Analysis of Six Brine Samples From Drill Hole 1 With Excellent Mg:Li Ratios

World News: . []

VANCOUVER, British Columbia, Feb. 11, 2019 (GLOBE NEWSWIRE) -- (TSX-V – AIS, OTCQB: AISSF) (the “Company” or “AIS”) is pleased to announce that the lithium brine samples taken from Drill Hole 1 (DH1) at the Company’s Guayatayoc Mina lithium project have been analysed by SGS, an international accredited chemistry analysis firm in Salta.

The results are excellent given this hole had to be moved 150 metres east of the target zone to the Quebralenas area where we have drilling rights. We expect to receive our drilling permit for the target zone which is in the Rincondillas area within 30 days of the 28 February 2019 UGAMP meeting.

A table accompanying this announcement is available at 

Phil Thomas CEO said that, “These results are great news given the location where we drilled was not optimal.  We intersected porous green and brown clays containing salt and sand and didn’t encounter any major fresh water sub-aquifers that would have collapsed the hole and contaminated it with fresh water.  The lithium values are in the ball park but more important is the lithium to magnesium ratio, being sub 8 on average.  This is encouraging news and we look forward to drilling Rincondillas in the target zone where the resistivity areas are sub 0.015ohm-m where we expect to encounter much higher lithium values and higher specific gravity due to lithium concentration at depth. We have four drill holes planned in the target zone with a depth of 250m each.  Now that we have the lithology from DH1 it enables us to improve the accuracy of our geological model.”

Fig 1. The star shows the location of DH1.  G1- G36  show where we have trenched and sampled and the solid yellow lines are the VES geophysics traverses.  The black lines show the community boundaries. 

A photo accompanying this announcement is available at

Fig 2. Is the geophysics at 100m depth.  The DH1 location was moved another 50 metres to the east away from the target zone, to the 0.025 Ohm-m zone.  The community boundaries are marked in red.  The geophysics traverse line is in black.

A photo accompanying this announcement is available at

Fig 3. Shows traverse 11750 or line 1 in Rincondillas area and the target zone (dark purple area) which is 150m in depth and 7 kilometres wide with a length of 5 kilometres.  The target zone has a resistivity of 0.015ohm-m, lower than salt water which is 0.025 Ohm-m. 

A photo accompanying this announcement is available at

On Behalf of the Board of Directors, A.I.S. Resources Limited

President and CEO

Phillip Thomas - President and CEOE: Website:  www.aisresources.com  

Martyn ElementChairmanT: 604 687-6820E:

More news and information about A.I.S. Resources Limited

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Globe Newswire: 13:30 GMT Monday 11th February 2019

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