AIC Mines Limited · ASX:A1M
AIC Mines — Investor Presentation (February 2025)
13 slides from AIC Mines's investor presentation, Feb 3, 2025
Slide 1: Investor Presentation February 2025
For personal use only Investor Presentation February 2025
Slide 2: Important information
Important information This presentation has been prepared by AIC Mines Limited (ABN 11060156452) (“the Company” or “AIC Mines”) to provide summary information about AIC Mines and its activities at the date of this presentation. The information contained in this presentation does not purport to be co
Slide 3: AIC Mines
AIC Mines An experienced Board and Executive team A miner, a developer, an explorer – building a new Australian mid-tier copper and focused on copper in Australia gold miner through exploration, development and acquisition For personal use only A1M Share Price1 $0.35 Board of Directors Shares on Iss
Slide 4: Eloise Copper Mine
Eloise Copper Mine Our foundational asset 5,000 $7.0 Eloise achieved record production in FY24 – delivering 13,412t Cu Copper in Concentrate For personal use only and 6,669oz Au in concentrate at an AISC of A$5.15/lb Cu and AIC of 4,500 $6.0 A$5.39/lb Cu generating positive cashflow of $23.1M 4,00
Slide 5: Jericho Copper Deposit
Jericho Copper Deposit Our next copper mine Development of Jericho transforms Eloise: For personal use only − Extends project life and supports processing plant expansion − Economies of scale to reduce processing costs − Lower mining costs at Jericho due to shallower ore − Additional ore sources r
Slide 6: Eloise Plant Expansion
Eloise Plant Expansion Expand and improve Eloise Simple processing plant expansion from current For personal use only 725,000tpa throughput capacity to 1.1Mtpa − Designed to minimise operational impacts to Eloise during construction − Designed to accommodate further expansion − Replace old/ineffic
Slide 7: Near-Mine Exploration
Near-Mine Exploration Resources limited by drilling For personal use only Note: Mineral Resource and Ore Reserve as at 31 December 2023 – full tables provided as an Appendix to this presentation 7
Slide 8: Exploration Strategy
Exploration Strategy Focus on transformational discoveries Searching for: For personal use only Higher-grade deposits (>2% Cu) Large deposits (>20Mt) to warrant further expansion to the Eloise processing capacity Growth Priorities: Near-mine for extensional resource growth Re-evaluating
Slide 9: Growth Strategy
Growth Strategy A disciplined approach Building a portfolio of mines through exploration, For personal use only development and acquisition Targeting late-stage Australian gold and copper projects where we can add value through exploration and development A disciplined approach Any acquisition w
Slide 10: Investment Proposition
Investment Proposition Highly credentialed and heavily invested team For personal use only Cashflow – high-grade Eloise mine delivering reliable production Growth – development of Jericho deposit underway, transforming Eloise Upside – exploration successfully adding mine life and optionality A growt
Slide 11: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix Mineral Resources and Ore Reserves 11
Slide 12: Eloise Project Mineral Resources
Eloise Project Mineral Resources For full details of Eloise, Sandy Creek and Artemis Mineral Resources see AIC Mines ASX announcement “Increased Resources and Reserves at Eloise, Sandy Creek and Artemis” dated 18 April 2024. The Competent Persons are Mr Matthew Thomas (Eloise Mineral For personal us
Slide 13: Eloise Project Ore Reserves
Eloise Project Ore Reserves For full details of Eloise Ore Reserves see AIC Mines ASX announcement “Increased Resources and Reserves at Eloise, Sandy Creek and Artemis” dated 18 April 2024. The Competent Person for the Eloise Ore Reserves is Mr Randy Lition. For personal use only For full details of