Aeris Resources Limited · ASX:AIS
Aeris Resources — Q3 2023 Earnings Presentation
23 slides from Aeris Resources's earnings presentation, Apr 27, 2023
Slide 1: March 2023 Quarter Activities Report Presentation
March 2023 Quarter Activities Report Presentation 28 April 2023 Presented by Andre Labuschagne
Slide 2: Disclaimer
Aeris – Q3 FY2023 Activities Report Presentation Disclaimer This presentation has been prepared by Aeris Resources Limited (“Aeris” or the “Company”). By attending an investor presentation or briefing, or accepting, accessing or reviewing this presentation, you acknowledge and agree to the terms set
Slide 3: Highlights for Q3 FY23
Aeris – Q3 FY2023 Activities Report Presentation Highlights for Q3 FY23 Operations Corporate Group copper equivalent production of 11.1kt Closing cash and receivables of $56.0 million Copper production at Tritton impacted by delays to the Budgerygar 135kt Mt Colin ore stockpile (~$25m NRV) v
Slide 4: FY23 revised guidance
Aeris – Q3 FY2023 Activities Report Presentation FY23 revised guidance Group • Operations Qtr Results and Guidance • Copper production reduced to 28kt – 32kt due to: Sep Dec Mar FY23 Original Revised • Delays in processing of Mt Colin tonnes resulting in 90kt Unit 2022 2022 2023 YTD FY23 FY23 stockp
Slide 5: ESG
Aeris Resources ESG 5
Slide 6: ESG
Aeris – Q3 FY2023 Activities Report Presentation ESG Sustainability Safety • Focus on setting targets and gathering baseline data on four • One LTI in the quarter strategic areas: • LTIFR steady at 2.0 12 Mth LTIFR and Lost Time Injuries 3 No of LTI LTIFR • Board sustainability committee and charter
Slide 7: Tritton Operations
Aeris Resources Tritton Operations 7
Slide 8: Q3 activities – Tritton
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Tritton Completed pilings for Budgerygar vent raise Operations Operations Copper production of 3.9kt at AISC of A$5.96/lb Production impacted by continued delays to the Budgerygar ventilation raise. Piling has now been completed an
Slide 9: Q3 activities – Tritton: Development & Exploration
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Tritton Development & Exploration $15.1m capital spent on growth projects and exploration Avoca Tank decline largely completed; first high-grade stoping ore scheduled Q4 Maiden Mineral Resource estimate for Kurrajong of 2.2Mt at
Slide 10: Jaguar Operations
Aeris Resources Jaguar Operations 10
Slide 11: Q3 activities – Jaguar
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Jaguar Operations Zinc production for the quarter of 4.2kt at AISC of A$3.14/lb Zinc production down on previous quarter due to mining of lower grade stopes, as per plan – grade forecast to improve in Q4 Processing performance in
Slide 12: Q3 activities – Jaguar: Exploration & Development
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Jaguar Exploration & Development $1.1 million spent on growth capital and exploration, predominantly at Turbo Discovered new high-grade Bacalar lens at the Bentley deposit • High grade drill results1 including: 15.8m @ 3.70% Cu, 6.
Slide 13: North Queensland Operations
Aeris Resources North Queensland Operations 13
Slide 14: Q3 activities – North Queensland
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – North Queensland Mt Colin extraction plan Operations Operations Copper production for the quarter of 1.6kt at AISC of A$4.23/lb Metal production impacted by toll treatment delays from extreme weather event in NW Qld Significant s
Slide 15: Barbara exploration
Aeris – Q3 FY2023 Activities Report Presentation Barbara exploration • Assay results have been received • Geological interpretation and modelling is underway • Updated Mineral Resource estimate planned for Q4 followed by underground and open pit mining studies to assess the potential for a new minin
Slide 16: Cracow Operations
Aeris Resources Cracow Operations 16
Slide 17: Q3 activities – Cracow
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Cracow Operations Operations Stronger gold production for the quarter of 13.3koz sold at AISC Western Vein Field opportunities of A$2,229/oz1 Another quarterly record for tonnes mined Improved gold production due to mining of hig
Slide 18: Q3 activities – Cracow: Exploration
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Cracow First pass ANT results Exploration $1.9 million spent on growth capital and exploration, including geotechnical drilling at the Bradshaw Pit Ambient noise tomography (ANT) survey over the Southern Vein Field to help define f
Slide 19: Corporate & Projects
Aeris Resources Corporate & Projects 19
Slide 20: Q3 activities – Stockman
Aeris – Q3 FY2023 Activities Report Presentation Q3 activities – Stockman • Feasibility study continues to progress TSF • Secondary permitting approvals continuing, including vegetation Plant site clearing offsets and water licenses • Final geochemistry and acid mine drainage (AMD) testwork complete
Slide 21: Q3 Corporate
Aeris – Q3 FY2023 Activities Report Presentation Q3 Corporate SEP DEC MAR • Cash and commodity receivables of $56.0 million (A$ Million) 2022 2022 2023 • Closing cash position lower at $45.3 million as a result of QTR QTR QTR lower Q3 production Closing cash 51.8 67.2 45.3 Commodity receivables1 3.1
Slide 22: Key Takeaways
Aeris – Q3 FY2023 Activities Report Presentation Key Takeaways Operations Exploration / Projects Cracow and Jaguar on target for production guidance Maiden Mineral Resource for Kurrajong deposit at Tritton. ̶ 2.2Mt @1.7% copper including massive sulphide lenses of YTD Tritton Cu production imp
Slide 23: Thank you
Thank you Are there any questions? Aeris Resources Limited Level 6, 120 Edward Street Brisbane QLD 4000 +61 7 3034 6200 info@aerisresources.com.au Facebook | facebook.com/aeristritton/ Linkedin | linkedin.com/company/aeris-resources-limited/ Public Relations Ayla Djonlagic +61 402 763 968 Share Regi