Aeris Resources Limited · ASX:AIS
Aeris Resources — Ignite Investment Summit 2026
32 slides from Aeris Resources's conference presentation, Apr 16, 2026
Slide 1: Aeris Resources - Ignite Investment Summit
Aeris Resources Ignite Investment Summit April 2026 Presented by: Andre Labuschagne
Slide 2: Disclaimer
Disclaimer This investor presentation has been prepared by Aeris Resources Limited FINANCIAL INFORMATION Forward-looking statements are based on information available to Aeris (“Aeris” or the “Company”) and Peel Mining Limited (“Peel”). By and Peel as at the date of this presentation and should not
Slide 3: Disclaimer
Disclaimer NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES NO NEW INFORMATION STATEMENT - Aeris AGGREGATION OF ESTIMATES This Presentation does not constitute an offer to sell, or the solicitation of This presentation refers to Exploration Results, estimates of Mineral This presentation contain
Slide 4: Aeris Resources
Aeris Resources Australian mid-tier, copper and gold producer 2 producing operations (FY26: 40-49kt copper Eq)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x
Slide 5: H1 FY26 Snapshot
H1 FY26 Snapshot Financial results compared to H1 FY25 20.3kt Cu eq Gross profit 57% Cash and receivables On plan $93.5M $106.4M Net assets 22%1 11.1kt Cu produced Net profit 62% $47.9M $452.6M 23.8koz Au produced Cash flow from operations 67% 122.5koz Ag produced $97.3M 1. Compared to 30
Slide 6: Corporate overview
Corporate overview Board of Directors AIS SHARE PRICE ? 0.80 0.70 0.60 0.50 0.40 0.30 Andre Colin Michele New director to 0.20 Labuschagne Moorhead Muscillo be appointed 0.10 Executive Non-Executive Non-Executive Chairman Director Director 0.00 Senior Executives CAPITALISATION Market capitalisation1
Slide 7: Continuing to Deliver on Aeris' FY26 Strategy
Continuing to Deliver on Aeris’ FY26 Strategy Balance Sheet Repay debt 06 01 Operational Delivery Tritton Assets sales Murrawombie Pit Consider hedging strategy • Constellation on time • Resource extension • LOM Cracow • Golden Plateau • Resource extension • LOM Growth • Focus on life extens
Slide 8: Acquiring Peel to Deliver Aeris' Growth Strategy
Acquiring Peel to Deliver Aeris’ Growth Strategy
Slide 9: Strategic Acquisition to Transform Tritton
Strategic Acquisition to Transform Tritton Aeris to acquire Peel’s South Cobar Copper Project (Mallee Bull + Wirlong) via Scheme of Arrangement Measured & Indicated Resources (Contained Cu kt) Inferred Resources (Contained Cu kt) Grade (Cu %) South Cobar Copper Project resources to extend Tritton mi
Slide 10: Extending Tritton's mine life
Extending Tritton’s mine life Contained Tritton Copper Production (kt) Copper Resources(2) Increasing mine life by combining Tritton’s processing capacity with Mallee Bull high-grade ore 29 M+I: 44kt Wirlong Inferred: 31kt Guidance Tritton mine life to be underpinned by base load feed from Range Con
Slide 11: Mallee Bull
Mallee Bull Advanced copper project expected to become a near term, high-grade ore source for Tritton Mallee Bull Summary Pre-Development Milestones & Next Steps Preliminary mine design / scheduling completed South of Cobar Location New South Wales c. 130km from Tritton Metallurgical testwork, g
Slide 12: Tritton
Tritton New South Wales
Slide 13: Tritton
Tritton Strategic, cornerstone asset Strategic location in the Cobar region of NSW ~450kt copper produced since operations began in 2005 and over Tritton tenements: 300kt still in resource(1) 2,343km2 2,343km2 prospective tenement package to be supplemented by 1,479km2 acquired through the transacti
Slide 14: Murrawombie Pit
Murrawombie Pit Waste stripping in first half of year with ore delivery in second half Now delivering Stage 2 ore to the mill Latest grade control model shows 10% increase in contained copper to be mined in FY26/27 Waste from cut back used to concurrently cap old heap leach pads, saving c.$8M rehabi
Slide 15: Constellation
Constellation Potential long-life mine to commence in FY27 Constellation 2-stage pit and underground design Large Mineral Resource defined: 7.6Mt of 2.01% Cu and 0.66g/t Au containing 153kt copper and 161koz gold1 Maiden Ore Reserve declared for open pit material: 2.3Mt at 2.0% Cu, 0.6g/t Au2 Studie
Slide 16: Extending Mine Lives
Extending Mine Lives Avoca Tank long section showing drill intersections below the current Mineral Resource Encouraging drill result from Avoca Tank and Budgerygar ~80,000m underground diamond drilling planned in FY26 At Avoca Tank, drilling has intersected high-grade copper within the 100m interval
Slide 17: Mine Life Growth
Mine Life Growth All current ore sources still open at depth 17
Slide 18: Cracow
Cracow Queensland
Slide 19: Cracow
Cracow High margin gold mine with long operating history Cracow production and Resources1 under Aeris ownership 800 Underground gold mine in continuous production since 2004 700 600 Conventional crush and grind CIP processing plant 500 koz Au Produced +1.7Moz gold since first production in 2004, str
Slide 20: Cracow Exploration
Cracow Exploration Golden Plateau target Historically produced ~850koz Au via open-pit (to ~120m below surface) and underground (to ~260m below surface)1 Investigating large, lower grade mineralised halo around old stoping areas below the Golden Plateau pit Drill program expanded to 14,000m with 32
Slide 21: Exploration
Exploration Greenfield targets Exploring for a Western Vein Field analogue at the Southern Vein Field Airborne magnetic survey completed to aid finalisation of drill targets under 500m cover Drilling planned for FY26 to test geology model and identify prospective structures (limited historical drill
Slide 22: Projects
Projects Jaguar Stockman
Slide 23: Revised Jaguar Strategy
Revised Jaguar Strategy Reducing holding costs while undertaking low cost, high return exploration Significant base metal resource already identified – 6.6Mt at 1.4% Cu, 6.3% Zn, 0.6g/t Au, 71g/t Ag1 Pausing feasibility study while exploration is undertaken to define additional resources and support
Slide 24: Jaguar gold
Jaguar gold Tenements highly prospective for gold mineralisation Very significant gold endowment in the region 4.7Moz Thunderbox Operation1 located 8km north of the Jaguar tenements, 3.5Moz King of the Hills mine2 located 10km west Jaguar tenements highly prospective but had limited exploration Seve
Slide 25: Unlock Stockman
Unlock Stockman Reviewing next steps to unlock long term value Currawong mine design High-grade Ore Reserve of 9.6Mt at 1.9% Cu, 4.3% Zn, 1.0g/t Au, 36g/t Ag1 Multiple processing routes assessed along with detailed cost estimates Potential to create a long life, high value operation Completing feasi
Slide 26: Summary
Summary Australian mid-tier, copper and gold producer 2 producing operations (FY26: 40-49kt copper Eq)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x Au $/oz
Slide 27: Appendix
Appendix
Slide 28: Group Ore Reserves
Group Ore Reserves (At 31 Dec 2024) BASE METALS Category Tonnes Grade Contained Metal Asset (‘000) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Tritton Proved 100 0.7 - - - 1 - - - Probable 2,280 1.6 - 0.3 6 36 - 23 444 Total 2,380 1.5 - 0.3 6 37 - 23 444 North Qld Proved - - --
Slide 29: Group Mineral Resources
Group Mineral Resources (At 31 Dec 2024) BASE METALS Category Tonnes Grade Contained Metal Project (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Tritton Measured 0.4 1.0 - 0.1 2 4 - 1 30 Indicated 11.0 1.6 - 0.4 4 179 - 158 1,270 Inferred 7.5 1.8 - 0.3 4 131 - 73 840 Total 1
Slide 30: Tritton Operations Mineral Resources
Tritton Operations Mineral Resources (At 31 Dec 2024) Grade Contained Metal Grade Contained Metal Tonnes Tonnes Deposit Category Cu Au Ag Cu Au Ag Deposit Category Cu Au Ag Cu Au Ag (kt) (kt) (%) (g/t) (g/t) (kt) (koz) (koz) (%) (g/t) (g/t) (kt) (koz) (koz) Measured 400 1.1 0.1 2 4 1 30 Measured - -
Slide 31: FY26 Guidance
FY26 Guidance Tritton FY26 Guidance FY25 Actual Group FY26 Guidance FY25 Actual Production Production Copper kt 24 - 29 19.4 Copper kt 24 - 29 24.9 Gold koz 8 - 10 6.1 Gold koz 44 - 56 55.2 Silver koz 215 - 263 185.2 Silver koz 240 - 293 185.2 Copper equivalent1 kt 40 - 49 42.1 Operating Costs Mine
Slide 32: South Cobar Copper Project Resources
South Cobar Copper Project Resources South Cobar Project Copper MREs as at January 2023 ($A80/t NSR cut-off) MRE Deposit Category Tonnes (kt) Cu (%) Au (g/t) Ag (g/t) Zn (%) Pb (%) Cont Cu (kt) Cont Au (koz) Cont Ag (Moz) Cont Zn (kt) Cont Pb (kt) Ind 5,590 1.93 0.38 27 0.13 0.21 108 68 4.85 7.3 11.