Aeris Resources Limited · ASX:AIS
Aeris Resources — Noosa Mining Investor Conference 2024
22 slides from Aeris Resources's conference presentation, Jul 18, 2024
Slide 1: Noosa Mining conference Presentation
Noosa Mining conference Presentation July 2024 Presented by: Andre Labuschagne
Slide 2: Disclaimer
Disclaimer This investor presentation has been prepared by Aeris Resources Limited However, investors should note that the non-IFRS financial information DISCLAIMER (“Aeris” or the “Company”). By attending an investor presentation or and non-GAAP financial measures do not have standardised meanings
Slide 3: Aeris Resources
Aeris Resources Australian mid-tier, base and precious metals Weighted to copper FY24 production producer 29 30 79 47 Cu Zn Au Ag Copper Zinc Gold Silver 27.1 kt 3.1kt 55.3koz 240.4koz 3 producing operations 3 development projects All sites prospective for further discoveries Substantial copper meta
Slide 4: Corporate overview
Corporate overview Board of Directors AIS SHARE PRICE 0.4 0.35 0.3 0.25 Andre Colin Michele Robert Millner 0.2 Labuschagne Moorhead Muscillo Non-Executive 0.15 Executive Chairman Non-Executive Non-Executive Director Director Director 0.1 0.05 Senior Executives 0 17-Jul-23 17-Aug-23 17-Sep-23 17-Oct-
Slide 5: Mining Portfolio: large Mineral Resource inventory
Mining Portfolio: large Mineral Resource inventory Production Assets Development Projects Asset Tritton Cracow North Queensland Jaguar Stockman ~820,000t copper metal, ~1,000,000t zinc metal, ~1,400,000oz gold 1 Ownership 100% 100% 100% 100% 100% Primary Copper / Gold Gold Copper / Gold Copper / Zin
Slide 6: Production assets: Tritton
Production assets Tritton New South Wales
Slide 7: Tritton
Tritton Our cornerstone asset 100% owned, high-grade underground copper mines located in central NSW 430kt copper produced since operations began in 2005 2,330km prospective tenement package Mineral Resource1 of 22.5Mt at 1.5% Cu, 0.3g/t Au Ore Reserve1 of 2.8Mt at 1.5% Cu, 0.6g/t Au Targeted produc
Slide 8: Tritton
Tritton A long life copper operation now producing from multiple deposits Production Development Ready Study Phase Exploration Tritton Murrawombie Pit Constellation Kurrajong • Mature mine at depth, • Cut back of old pit, • Potential future baseload mill feed • High grade deposit • Targeting high-gr
Slide 9: Murrawombie Pit
Murrawombie Pit Cut back on old pit also provides major rehab saving Stripping expected to commence in Q2 FY25 with contract miner First ore to mill late FY25 Strip ratio 9.6 Mill feed of ~1.2Mt ore @ 1.2%Cu Waste from cut back used to cap old heap leach pads, saving c.$8M rehabilitation costs 9
Slide 10: Constellation deposit
Constellation deposit Potential future baseload feed for Tritton mill Located 45km northeast of the Tritton plant Mineral Resource1 of 6.7Mt at 1.9% Cu and 0.6g/t Au Drill program commenced in May with two key objectives: 1. Target conversion of 2Mt – 3Mt of Inferred Mineral Resource to an Indicated
Slide 11: Cracow
Cracow Queensland
Slide 12: Cracow
Cracow Mature, high-grade gold mine Low-sulphidation epithermal underground gold mine located 500km northwest of Brisbane Conventional crush and grind CIP processing plant Produced +1.5Moz gold since first production in 2004 FY24 production guidance of 38 – 48koz Au (Actual 46) Strong history of res
Slide 13: Near mine exploration
Near mine exploration Defining new mineralised structures Two new near-mine structures discovered (Apollo / Coronation West) Apollo traced 180m (strike) x 60m (down-plunge) • KLU213 3.7m1 @ 11.2g/t Au2 • KLU279 0.8m1 @ 4.1g/t Au3 • KLU281 2.7m1 @ 2.4g/t Au3 • KLU282 1.6m1 @ 5.8g/t Au3 Coronation Wes
Slide 14: Southern Vein Field
Southern Vein Field Could be the game-changer for Cracow Approx. 2.5Moz gold produced to date from the WVF and 850koz gold from Golden Plateau Structures with the potential to host WVF style ore shoots interpreted under cover in the Southern Vein Field Southern Vein Field has had very limited explor
Slide 15: North Queensland
North Queensland Queensland
Slide 16: Mt Colin
Mt Colin Harvesting cash to fund group capital developments Mine production ahead of plan but delays in toll processing result in significant buildup of ore stockpiles Increased ore recovery from cave zone and pillars means Mt Colin mine life extended into October 2024 Toll processing to continue in
Slide 17: Development projects
Development projects
Slide 18: Barbara project
Barbara project Potential follow-on operation to Mt Colin Updated resource of 2.2Mt at 2.0% Cu and 0.2g/t Au1 completed Resource remains open down-plunge Feasibility studies underway on a potential underground operation Toll treatment options with regional mills Low capital development utilising inf
Slide 19: Jaguar
Jaguar Brownfield copper/zinc restart opportunity Mineral Resource1 8Mt @ 1.1% Cu, 5.6% Zn, 1.3g/t Au and 215g/t Ag across 4 deposits: ̶ Bentley ̶ Jaguar ̶ Triumph ̶ Teutonic Bore Transitioned to care and maintenance in Q1 FY24 Restart study update due Q1 FY25 Tenement package highly prospective for
Slide 20: Jaguar gold exploration
Jaguar gold exploration Focus on five prospective areas ① 1. Heather Bore Shear – 12km structure including 2km ⑤ shallow gold anomaly along strike from Northern Star’s Thunderbox operation 2. Aesop – Halloween Trend – 6km structural corridor with ② ⑤ some historical drilling & surface samples at +0.
Slide 21: Stockman
Stockman Long life, Cu-Zn-Au-Ag project with all primary permits Feasibility Study well advanced 12 year mine plan producing at up to 850ktpa1 from a single deposit (Currawong) Potential to extend mine life with other known deposits Currawong mine plan Leaching technology being investigated to impro
Slide 22: Investment highlights
Investment highlights Company set for growth Diversified production from 3 operations Significant internal growth opportunities to lift production and extend mine lives All sites located in tier 1 mining jurisdiction Leveraged to copper, critical to electrification Strengthened balance sheet 22
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