AIC Mines Limited · ASX:A1M
AIC Mines — Investor Presentation (March 2026)
14 slides from AIC Mines's investor presentation, Mar 25, 2026
Slide 1: Investor Presentation – An Afternoon with Ords
For personal use only Investor Presentation An Afternoon with Ords March 2026
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: A miner, a developer, an explorer
A miner, a developer, an explorer Focused on copper and gold in Australia For personal use only SUBSTANTIAL SHAREHOLDERS A1M Share Price1 $0.45 FMR INVESTMENTS DIRECTORS Shares on Issue 797.6M Market Capitalisation Cash2 $358.9M $44.9M 14.0% Board representation via Jon Young 6.9% Josef El-Raghy – 5
Slide 4: Eloise Copper Mine – Our foundational asset
Eloise Copper Mine Our foundational asset - Acquired November 2021 For personal use only - FY25 Guidance – achieved: - 12,863t Cu and 5,955oz Au in concentrate at AISC of $4.98/lb Cu sold (US$3.24/lb) - Generated net mine cashflow of $27.4 million after Eloise capital - FY26 Guidance1 – another good
Slide 5: Plant Expansion – Expand and improve Eloise
Eloise Plant Expansion Expand and improve Eloise - Development of Jericho supports a plant expansion to 1.1Mtpa throughput - All permits are in place to complete construction capacity (approximately 20,000tpa Cu1 in concentrate). - Plant commissioning expected to commence in the December 2026 For pe
Slide 6: Jericho Copper Deposit – Our next copper mine
Jericho Copper Deposit Our next copper mine - Underground access drive has reached Jericho: For personal use only - Underground development crossed the J1 lens at the end of January 2026 - Development on target to achieve a combined production rate from Eloise and Jericho of 1.1Mtpa1 by December 202
Slide 7: Access Drive Reaches Jericho
Access Drive Reaches Jericho Major growth milestone achieved1 - Jericho access drive has crossed the J1 lens at Jericho, achieving a major - Access achieved ahead of plan, reflecting exploration success at the northern For personal use only underground development milestone. end of the deposit and s
Slide 8: Exploration Strategy
Exploration Strategy Focus on transformational discoveries - The Eloise Regional Project consists of approximately 1,700km2 of contiguous, For personal use only 100% owned tenure immediately surrounding the Eloise mine. - This highly endowed area contains a pipeline of targets from early-stage prosp
Slide 9: Growth Strategy
Growth Strategy Building a new Australian mid-tier copper and gold miner For personal use only VALUE CREATION THROUGH PRODUCTION GROWTH TARGETING COPPER AND GOLD PROJECTS IN AUSTRALIA Building our Project Development Underground Mining Expertise Committed to High Impact Exploration Disciplined Appro
Slide 10: Investment Proposition
Investment Proposition For personal use only Highly credentialed and heavily invested team Cashflow – high-grades Eloise mine delivering reliable production Growth – development of Jericho deposit underway, transforming Eloise Upside – exploration successfully adding mine life and optionality A grow
Slide 11: Appendix – Mineral Resources and Ore Reserves
For personal use only Appendix MINERAL RESOURCES AND ORE RESERVES
Slide 12: Project Mineral Resources
Eloise Project Mineral Resources ELOISE PROJECT – COMBINED MINERAL RESOURCES AS AT 31 DECEMBER 2024 Notes: - Eloise and Jericho Mineral Resources are inclusive of Ore Cu Grade Au Grade Ag Grade Contained Contained Contained Reserves. Resource Category Tonnes - Eloise Mineral Resources are estimated
Slide 13: Project Ore Reserves
Eloise Project Ore Reserves ELOISE PROJECT – COMBINED ORE RESERVES AS AT 31 DECEMBER 2024 Notes: - Eloise Ore Reserves are estimated using a 1.3% Cu cut-off above 0mRL and 1.8% Cu below 0mRL. Cu Grade Au Grade Ag Grade Contained Contained Contained - Jericho Mineral Resources are estimated using a 1
Slide 14: Eloise and Jericho Production Outlook
Eloise and Jericho Production Outlook COMBINED PRODUCTION OUTLOOK AS AT 31 DECEMBER 2024 Production Outlook refers to the FY26, FY27 and FY28 Production Targets. Units FY26 FY27 FY28 The FY27 Production Target is composed of 82% Probable Ore For personal use only Production Target (Low – High) t Cu