Aeris Resources Limited · ASX:AIS
Aeris Resources — Noosa Mining Conference 2022
25 slides from Aeris Resources's conference presentation, Jul 21, 2022
Slide 1: Noosa Mining Conference
For personal use only Noosa Mining Conference 21 July 2022 Presented by Andre Labuschagne Aeris Resources Limited 1
Slide 2: Disclaimer
Noosa Mining Investor Conference Disclaimer For personal use only This investor presentation is dated 21 July 2022 and 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, y
Slide 3: Disclaimer: Production Targets Cautionary Statement
Noosa Mining Investor Conference Disclaimer For personal use only Production Targets Cautionary Statement The Ore Reserve and Mineral Resource estimates underpinning the Stockman and Tritton Production Targets (refer to slides 11 and 19) were prepared by a Competent Person in accordance with the JOR
Slide 4: Advancing Aeris Resources
Noosa Mining Investor Conference Advancing Aeris Resources A mid-tier base and precious metals producer For personal use only • 4 producing operations • 1 long life development project • Net cash position $81 million1 • All assets located in Australia • Strong long-term exposure to copper • Excellen
Slide 5: Corporate overview
Noosa Mining Investor Conference Corporate overview Robust balance sheet and supportive shareholder base For personal use only Capitalisation Shareholders3 Market capitalisation1 $263 million Cash2 $81 million WHSP Debt2 - 30% Domestic Enterprise value $182 million Institutions 42% Foreign Broker co
Slide 6: Highly experienced board and management
Noosa Mining Investor Conference Highly experienced board and management For personal use only Board of Directors Andre Labuschagne – Executive Chairman Sylvia Wiggins – Non-Executive Director Robert Millner – Non-Executive Experienced mining executive with a career A senior executive and investment
Slide 7: Sustainability
Noosa Mining Investor Conference Sustainability Commitment to transparency, integrity and sustainability For personal use only Water and Carbon and Diversity and Biodiversity and Containment Climate Change Inclusion Land Using resources Reducing carbon Building more equal, Planning and delivering ef
Slide 8: FY22 outcomes
Noosa Mining Investor Conference FY22 outcomes A challenging year operationally but well positioned for growth in FY23 For personal use only Cracow Tritton Corporate 53,920oz Au at AISC A$1,911/oz 18,581t Cu at AISC A$5.10/lb Completed the acquisition of Round Oak Remodeled deposits to impro
Slide 9: Long mine life profile
Noosa Mining Investor Conference Long mine life profile For personal use only Group mine life profile FY FY FY FY FY FY FY FY FY FY FY FY • Multiple assets with 23 proven 24 25 track 26 record 27 28 of 29 mine30life 31 extensions 32 33 including 34 two long life assets 8 year mine life from known
Slide 10: Tritton
Noosa Mining Investor Conference Tritton Cornerstone copper production and 8+ year mine life For personal use only Overview Location 45km NW of Nyngan in central NSW Mine type Underground sublevel open stoping Plant 1.8Mtpa conventional flotation First production 2005 Mine life 8+ years Reserves1 69
Slide 11: Tritton growth projects
Noosa Mining Investor Conference Tritton growth projects Improving ore grades and extending mine life For personal use only Budgerygar Tritton production profile (kt, Cu)1 1 • Copper resource adjacent main Tritton ore body provides additional production flexibility 30-33 • First stoping ore delivere
Slide 12: Cracow
Noosa Mining Investor Conference Cracow Established, high-grade gold mine For personal use only Overview Location Near Cracow in central Queensland Mine type Underground open stoping Plant 600ktpa CIP plant First production 2004 Mine life 4 years Reserves1 90koz Au Resources1 290koz Au FY22 Producti
Slide 13: Cracow growth projects
Noosa Mining Investor Conference Cracow growth projects Operation has long history of reserve replacement For personal use only Golden Plateau Golden Plateau structure showing high-grade targets • High-grade deposit located 1km from the Cracow mill that historically produced 850,000oz from undergrou
Slide 14: Jaguar
Noosa Mining Investor Conference Jaguar Consistent, polymetallic underground mine For personal use only Overview Location 65km north of Leonora in Western Australia Mine type Underground open stoping Plant 600ktpa conventional flotation First production 2010 Mine life 4 years Reserves1 62kt Zn, 8kt
Slide 15: Jaguar growth projects
Noosa Mining Investor Conference Jaguar growth projects Significant resource growth potential at depth For personal use only • The Bentley deposit consists of multiple individual lenses and is open along strike and down plunge • Exploration has been restricted by a lack of underground drill access b
Slide 16: North Queensland
Noosa Mining Investor Conference North Queensland Cash generative copper-gold mine and large exploration portfolio For personal use only Mt Colin Overview Location Near Cloncurry in NW Queensland Mine type Underground long hole open stoping Plant Toll treatment at Ernest Henry First production 2019
Slide 17: North Queensland growth projects
Noosa Mining Investor Conference North Queensland growth projects Near-term potential at Barbara and large regional portfolio For personal use only Barbara Barbara Long Section Looking West • Open pit mining finished in Dec 2020 • Mineralisation extends below the current pit, with the deposit open a
Slide 18: Stockman
Noosa Mining Investor Conference Stockman High-grade, long life, polymetallic development project For personal use only • Brownfields site (operated 1992-1996) with existing tailings facility located in north- eastern Victoria • Proposed underground mining operations at the Wilga and Currawong depos
Slide 19: Stockman: Clear path to development
Noosa Mining Investor Conference Stockman Clear path to development For personal use only Indicative Production (kt, CuEq) 1,2 40 Outstanding secondary permits 35 • Water (surface water draw and mine dewatering) 30 • Road widening • Clear water dam construction 25 • EPA licences for camp and power s
Slide 20: Plan for the coming year
Noosa Mining Investor Conference Plan for the coming year For personal use only Forecast to FY25 with production up to 30ktpa Cu1 as higher- Mine plan to focus on revised geological models grade deposits brought online Cracow Fast-track exploration at Golden Plateau with maiden resource in Tri
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
Slide 22: Appendix
Aeris Resources For personal use only Appendix
Slide 23: Group Ore Reserves
Noosa Mining Investor Conference Group Ore Reserves For personal use only Grade Contained Metal Project Category Tonnes ('000) % Cu % Zn g/t Au g/t Ag kt Cu kt Zn koz Au koz Ag Tritton Proved 1,800 1.2 0.1 3 22 4 170 Probable 3,400 1.4 0.3 3 47 36 307 Total 5,300 1.3 0.2 3 69 40 477 Cracow Proved 17
Slide 24: Group Mineral Resources
Noosa Mining Investor Conference Group Mineral Resources For personal use only Grade Contained Metal Project Category Tonnes ('000) % Cu % Zn g/t Au g/t Ag kt Cu kt Zn koz Au koz Ag Tritton Measured 3,527 1.3 0.1 4 45 11 400 Indicated 10,300 1.5 0.3 4 153 96 1,390 Inferred 6,320 1.3 0.2 4 83 40 826
Slide 25: Copper equivalent calculation
Noosa Mining Investor Conference Copper equivalent calculation For personal use only Copper Equivalent Calculation In this presentation, production is presented on a recovered CuEq metal produced basis and AISC costs are presented on Recovery Factors by Operation FY21 FY22 FY23 LOMP a payable CuEq m