Aeris Resources Limited · ASX:AIS

Aeris Resources — Q1 FY2023 Earnings Presentation

21 slides from Aeris Resources's earnings presentation, Oct 31, 2022

  1. Slide 1: September Quarter Activities Report Presentation

    For personal use only September Quarter Activities Report Presentation 31 October 2022 Presented by Andre Labuschagne

  2. Slide 2: Important notice and disclaimer

    Aeris – Q1 FY2023 Activities Report Presentation Important notice and disclaimer For personal use only This presentation may contain certain statements and projections provided by or on behalf of Aeris Resources Limited (Aeris) with respect to the anticipated future undertakings. These forward- look

  3. Slide 3: Highlights for Q1 FY23

    Aeris – Q1 FY2023 Activities Report Presentation Highlights for Q1 FY23 For personal use only Operations Corporate  Group copper equivalent production of 14.2kt, in line with guidance  Closing cash of $51.8 million  Focus on cost control kept group operating costs within plan  No debt  First qu

  4. Slide 4: ESG

    For personal use only ESG 4 Aeris Resources

  5. Slide 5: ESG

    Aeris – Q1 FY2023 Activities Report Presentation ESG For personal use only Sustainability Safety • Focus on setting targets and gathering baseline data on • One LTI in the quarter four strategic areas: • LTIFR steady at 2.1 12 Mth LTIFR and Lost Time Injuries Carbon and Water and Diversity and Biodi

  6. Slide 6: Jaguar Operations

    For personal use only Aeris Resources Jaguar Operations 6

  7. Slide 7: Q1 activities – Jaguar

    Aeris – Q1 FY2023 Activities Report Presentation Q1 activities – Jaguar For personal use only Operations Exploration Exploration  Zinc production for the quarter of 8.1kt at AISC of A$1.50/lb  $1.2 million spent on exploration, predominantly at the Turbo lens  Metal production ahead of plan due t

  8. Slide 8: Jaguar exploration

    Aeris – Q1 FY2023 Activities Report Presentation Jaguar exploration For personal use only Turbo lens • Drilling has extended the footprint a further 200m along strike (total strike length 400m) and down plunge1 • In-fill drilling to a nominal 40m x 40m spacing Regional • Preparing for a regional gro

  9. Slide 9: North Queensland Operations

    For personal use only Aeris Resources North Queensland Operations 9

  10. Slide 10: Q1 activities – North Queensland

    Aeris – Q1 FY2023 Activities Report Presentation Q1 activities – North Queensland For personal use only Operations Exploration Exploration  Copper production for the quarter of 2.0kt at AISC of A$3.84/lb  $0.2 million spent on exploration at the Barbara deposit  Production impacted by the need to

  11. Slide 11: Barbara exploration

    Aeris – Q1 FY2023 Activities Report Presentation Barbara exploration For personal use only • Located 70km northeast of Mt Isa • Open pit operations ceased in December 2020 • Underground Mineral Resource of 1.8Mt @ 2.2% Cu, 0.2g/t Au 3.4g/t Ag for 40kt of copper, 10koz of gold and 201koz of silver1 •

  12. Slide 12: Tritton Operations

    For personal use only Aeris Resources Tritton Operations 12

  13. Slide 13: Q1 activities – Tritton

    Aeris – Q1 FY2023 Activities Report Presentation Q1 activities – Tritton For personal use only Operations Operations Development & Exploration Exploration  Copper production of 3.8kt at AISC of $6.89/lb  $10.7m capital spent predominantly on development at Avoca Tank and exploration at Kurrajong a

  14. Slide 14: Constellation update

    Aeris – Q1 FY2023 Activities Report Presentation Constellation update For personal use only • Deposit located 45km northeast of the Tritton plant • Mineral Resource updated in August 20221 to 6.7Mt at 1.85% Cu and 0.58g/t Au • Uplift from the December 2021 resource of: ‒ 102% increase in tonnage ‒ 1

  15. Slide 15: Cracow Operations

    For personal use only Aeris Resources Cracow Operations 15

  16. Slide 16: Q1 activities – Cracow

    Aeris – Q1 FY2023 Activities Report Presentation Q1 activities – Cracow For personal use only Operations Exploration Exploration  Gold production for the quarter of 10.4koz at AISC of  $2.9 million spent on growth capital and exploration, A$2,558/oz1 predominantly at Golden Plateau  Mined tonnage

  17. Slide 17: Golden Plateau exploration

    Aeris – Q1 FY2023 Activities Report Presentation Golden Plateau exploration For personal use only • Deposit located 1km from the Cracow mill • Exploration is targeting 5 priority lodes • During the quarter, a further 18 drill holes have been completed returning multiple high-grade intersections incl

  18. Slide 18: Corporate & Projects

    For personal use only Aeris Resources Corporate & Projects 18

  19. Slide 19: Q1 activities – Stockman

    Aeris – Q1 FY2023 Activities Report Presentation Q1 activities – Stockman Wilga mine targeting ~200ktpa For personal use only • General Manager – Projects appointed to oversee Stockman development • Definitive feasibility study progressing – on track for completion by end of FY23 • Mine designs and

  20. Slide 20: Corporate

    Aeris – Q1 FY2023 Activities Report Presentation Corporate For personal use only (A$ Million) SEP • Cash and equivalents decreased to $54.8 million 2022 QTR • At the start of the quarter, Aeris received $17.1 million from the conditional placement to Paradice Investment Opening cash 138.1 Cash flow

  21. Slide 21: Thank you

    Thank you Are there any questions? For personal use only Aeris Resources Limited Level 2, HQ South Tower 520 Wickham Street Fortitude Valley Brisbane QLD, 4006 +61 7 3034 6200 Facebook | facebook.com/aeristritton/ Linkedin | linkedin.com/company/aeris-resources-limited/ info@aerisresources.com.au Pu

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