A.I.S. Resources Limited 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 [...]
A.I.S. Resources Ltd. 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 [...]
AIS Resources Limited is pleased to report completion of the previously announced Time Domain Electromagnetic survey at the Salinitas lithium brine joint venture project located in the Salinas Grande Salar, Northwest Argentina. The first of the TEM geophysics profiles has been interpreted and potentially substantial aquifers exist over two 3 km x 2km x 180m depth areas. Preliminary highlights from the TDEM program show [...]
A.I.S. Resources Ltd.. is pleased to announce that the Company has amended the exercise price of certain options as follows: Effective August 23, 2018 AIS has increased the exercise price of 1,000,000 options expiring August 17, 2023 from $0.13 to $0.20. Effective August 23, 2018 AIS has amended the exercise price of 1,240,000 options expiring November 24, 2022 and held by certain consultants of the Company from $0.91 to [...]
A.I.S. Resources Ltd.. is pleased to announce the appointment of Phillip Thomas, COO as the new President and CEO of the Company. Phillip Thomas has functioned as the Company's COO and director of exploration since October 31, 2016. He has been a key driver of the acquisition and exploration of AIS's Argentinian lithium properties. Phillip has degrees in Geology and Business Marketing and is a certified mineral valuer. He [...]
A.I.S. Resources 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 [...]
A.I.S. Resources Ltd. is pleased to announce completion of the previously announced Time Domain Electromagnetic survey at the Salinitas lithium brine 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 [...]
A.I.S. Resources is pleased to announce the engagement of Quantec Geoscience to complete a Time Domain Electromagnetic survey on the Salinitas lithium brine project in the Salinas Grande Salar in Salta, Argentina. AIS has partnered with MGX Minerals on the Project who is currently earning an 80% interest. The TDEM geophysical survey will be conducted along 52 stations spaced in 500 meter intervals across the edge of the [...]
A.I.S. Resources Limited 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 . 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 [...]
A.I.S. Resources 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 requested by [...]
A.I.S. Resources 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 [...]
VANCOUVER, British Columbia, April 27, 2018 /PRNewswire/ -- A.I.S. Resources Ltd. 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 [...]
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