Business

A.I.S. Resources Begins Exploration at the Salar De Quiron, Salta, Argentina

(via TheNewswire) Vancouver, British Columbia / TheNewswire / December 1, 2017 - A.I.S...

articleAis Resources LtdDecember 1, 20175/company/ais-resources-ltd/news/ais-resources-begins-exploration-at-the-salar-de-quiron-salta-argentina
A.I.S. Resources Begins Exploration at the Salar De Quiron, Salta, Argentina

About this update from Ais Resources Ltd

[{"type":"text","content":"A.I.S. Resources Begins Exploration at the Salar De Quiron, Salta, Argentina(via TheNewswire)\n\n \nVancouver, British Columbia / TheNewswire / December 1, 2017 - A.I.S. Resources Limited (TSX-V - AIS, OTCQB: AISSF) (the \"Company\" or \"AIS\") is pleased to announce that it has begun exploration activities in the Salar de Quiron, (the \"Chiron Project') in the Province of Salta, located approximately 10 kilometers from the township of Pocitos.\n\n\n \nThe Chiron Project is comprised of the following concessions\n\n \n\nFile No\n\n\n\n\nConcession Name\n\n\n\n\nArea Ha\n\n\n\n\nEnvironmental Study Current\n\n\n\n\nN? 19.457\n\n\n\n\nPocitos 1\n\n\n\n\n800\n\n\n\n\nYes\n\n\n\n\nN? 19.458\n\n\n\n\nPocitos 2\n\n\n\n\n532\n\n\n\n\nYes\n\n\n\n\nN? 19.463\n\n\n\n\nPocitos 7\n\n\n\n\n800\n\n\n\n\nYes\n\n\n\n\nN? 19.465\n\n\n\n\nPocitos 9\n\n\n\n\n599\n\n\n\n\nNo\n\n\n\n\nPocitos\n\n\n \n\n\n2,732 Ha\n\n\n \n\n \nEnvironmental impact assessments have been completed on all four concessions. Applications for sampling, seismic, and 6,000 metres of drilling have been submitted. \n\n\n \nA VES geophysics study is being prepared by Quantec Geoscience Argentina S.A. to cover the newly acquired concessions.\n\n\n \nAIS has planned an intensive exploration program of sampling, mapping, geophysics and drilling for the period December 2017 - March 2018 and plans to complete a NI 43-101 compliant study in the first quarter of 2018.\n\n\n \nPrevious Exploration in the Salar de Quiron\n\n\n \nThe 60-kilometre-long Pocitos salar basin has been previously drill tested with 12 shallow holes in 1979 by an Argentine government agency. The most significant result from the historical work programs includes a shallow drill hole, which averaged 417 parts per million (ppm) lithium and 15,300 ppm potassium. However, AIS's recent research suggests that highly concentrated brines are at 100-350 meters depth. \n\n\n \nAIS has completed research to understand the likely occurrence of lithium rich brines in the Salar at depth. The research model suggests that at least three adjacent salars in the region of the Salar de Quiron have been exposed to significant tectonic and volcanic events during the Proterozoic period \"burying\" previously existing salars at depths of 100-350 meters. AIS intends to determine the extent of this hypothesis.\n\n\nClick Image To View Ful...

More updates from Ais Resources Ltd