A.I.S. Resources Ltd. is pleased to announce that the 3km road to drill hole DH1 and the drill pad have been completed. The Salar contains brine less than 0.6m below the surface so an 0.8m elevated road was constructed to support heavy trucks and machinery. The elevated road held up well with only slight rains in our area although rains were heavy [...]
A.I.S. Resources Ltd. is pleased to announce that the 3km road to drill hole DH1 and the drill pad have been completed. The Salar contains brine less than 0.6m below the surface so an 0.8m elevated road was constructed to support heavy trucks and machinery. The elevated road held up well with only slight rains in our area although rains were heavy [...]
A.I.S. Resources Limited announces that the Company has amended the terms of the non-brokered private placement announced on October 10, 2018. Under the amended terms AIS will issue up to 7,333,333 units of the Company at a price of $0.075 per unit for gross proceeds of up to $550,000. Each unit will consist of one common share and one [...]
A.I.S. Resources Ltd. announces that the Company has continued as a British Columbia corporation under the provisions of the Business Corporations Act and has applied for discontinuance of the Company in the Commonwealth of the Bahamas. The continuance in B.C. will not affect the Company's status as a listed company on The TSX Venture Exchange or [...]
AIS Resources Limited has had a successful meeting with the Management Committee and community of Rincondillas, that occupies most of Guayatayoc III cateo. This was a major breakthough, as we have been working with the community over the past 18 months to arrange this meeting. Phillip Thomas, CEO, David Carabanti, geologist, Federico Gonzales, AIS [...]
AIS Resources Limited announces that Hidrotec Drilling has completed 43m of drilling and has cemented the steel casing in place at AIS's Salinitas joint venture project with MGX Minerals Inc. . Samples taken from the 43m interval show a porous coarse sand which is conducive to the transmission of brines. The trenching program confirmed the presence [...]
A.I.S. Resources Ltd. announces that on November 9, 2018 the Company entered into a loan agreement with Mr. Bulent Seri for a loan in the amount of US$175,000. The loan is for the term of one year and bears interest at 10% per annum. Upon approval of the TSX Venture exchange the lender shall also receive from the Company bonus shares representing [...]
A.I.S. Resources Ltd. is pleased to announce that the final TEM Geophysics report from Quantec with detailed analysis of the TEM profiles has been interpreted. Two major aquifer structures, one almost 8km wide and 100 metres in depth, based on low resistivity values have been identified. In five of the six profiles analysed all have resistivity [...]
A.I.S. Resources Limited 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 [...]
A.I.S. Resources Ltd. is pleased to announce that the final TEM Geophysics report from Quantec with detailed analysis of the TEM profiles has been interpreted. Two major aquifer structures based on low resistivity values have been identified. During this past week Phil Thomas, Exploration Director and CEO undertook a 20 trench sampling program [...]
A.I.S. Resources Limited 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 [...]
A.I.S. Resources Limited 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 [...]
