Monday, June 24, 2019 4:48:09 PM
DJI is very undervalued. The asset in Argentina alone should have the stock at 25 cents. real oppertunity to make some good money as Pluspetrol prepares to move on to the property.
Vancouver, British Columbia – July 25, 2018 – A.I.S. Resources Limited (TSX: AIS, OTCQB: AISSF) (the “Company” or “AIS”) 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 (“Salitinas” or “the Project”). 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 Grandes salar is approximately 3,400 metres above sea level.
Under the terms of the Option Agreement AIS has agreed to incur total expenditures of at least US$1.2 million prior to June 13, 2020. The Company can acquire an undivided 100% in the Project at any time during the Agreement by making payments totaling US$4 million. To secure the Option Agreement, AIS has agreed to pay US$250,000.
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