A.I.S. Resources Limited Announces Initial Sampling At Guayatayoc

Magnesium Investing

AIS Resources (TSX:NEX) has announced results of the initial sampling program on its Guayatayoc Salar project. As quoted in the press release: Highlights -Sample Pit one returned a lithium value of 770ppm (0.077% Li) and a magnesium to lithium ratio of 0.72:1 -Sample Pit two returned a lithium value of 250ppm (0.025%) and a magnesium …

AIS Resources (TSX:NEX) has announced results of the initial sampling program on its Guayatayoc Salar project.
As quoted in the press release:

Highlights

  • -Sample Pit one returned a lithium value of 770ppm (0.077% Li) and a magnesium to lithium ratio of 0.72:1
    -Sample Pit two returned a lithium value of 250ppm (0.025%) and a magnesium to lithium ratio of 1.44:1
    -11 pits have been dug in the past two weeks in Guayatayoc and sampled under the supervision of Dr Alonso. Another 13 will be completed in January 2017.
    -While the values above are not statistically significant they represent one of the lowest lithium to magnesium ratios in the lithium triangle. This means a lower cost of production.

Location of the Sample Pits
Sample pit 1 (6) – S23? 20.721′ W65? 51.169′
Sample Pit 2 (7) – S23? 21.167′ W65? 51.144′
Method
Phil Thomas, COO and Exploration Director and Marc Enright-Morin, CEO accompanied by local geologists visited the Guayatayoc Salar in November 2016 and conducted a sampling program.
Two one litre bottles were rinsed out in brine from the sample pit and were immersed by hand to the middle depth of the pit, which was about two metres by two metres wide and two metres in depth with brine depth about one metre. The sample bottles were immersed approximately 0.5 metre and filled and capped with no air in the bottle. The elevation was 3,410 metres.

Click here to read the full press release.

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