Mr. Andrew Neale reports

AIS REPORTS ON THE INFERRED LITHIUM RESOURCE ON CANDELA II

A.I.S. Resources Ltd. has provided an update to the company's shareholders that Spey Resources Corp. has announced that a National Instrument 43-101 compliant mineral resource estimate (MRE) has been completed on the Candela II lithium brine project located in the Incahuasi Salar, Salta province, Argentina. A.I.S. holds a 20-per-cent equity carry in the Candela II concession.

The report on the Candela II property was completed by WSP Australia Pty. Ltd. and, quoting from the Spey news release, "is estimated to contain lithium metal of 86,000 tonnes which equates to 457,520 tonnes of in situ lithium carbonate equivalent (LCE) and a lithium yield of 48,000 tonnes of LCE from 9,000 tonnes of lithium metal."

At this time the reported inferred mineral resource is considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. The current lithium carbonate price of $30,000 per tonne will provide the basis for a planned scoping study analysis for a possible 5,000 t/year production plant, designed to evaluate the overall economics of the project.

A.I.S. and Spey are finalizing a shareholder agreement for the development of the Candela II concession. A.I.S. retains a 20-per-cent equity carry.

The reader is referred to the Spey news release for further details on the resource estimate, and proposed plans and budgets for additional development work on the property.

About A.I.S. Resources Ltd.

A.I.S. Resources is a publicly traded investment issuer listed on the TSX Venture Exchange focused on natural resource opportunities. A.I.S.'s value add strategy is to acquire early-stage projects and provide technical and financial support to enhance their value. The company is managed by a team of experienced engineers, geologists and investment bankers, with a record of successful capital market achievements.

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