Aeris Resources Limited · ASX:AIS
Aeris Resources — Shareholder Meeting (November 2024)
23 slides from Aeris Resources's shareholder meeting presentation, Nov 27, 2024
Slide 1: Annual General Meeting
Annual General Meeting 27 November 2024 Presented by: Andre Labuschagne
Slide 2: Disclaimer
Disclaimer This investor presentation has been prepared by Aeris Resources Limited FUTURE PERFORMANCE AND FORWARD-LOOKING STATEMENTS Aeris confirms that the form and context in which the Competent Person’s (“Aeris” or the “Company”). By attending an investor presentation or This presentation contain
Slide 3: Aeris Resources
Aeris Resources Weighted to copper Australian mid-tier, base and precious metals FY25 production guidance producer 29 79 47 Cu Au Ag Copper Gold Silver 27-32 kt 50-62koz 200-240koz 3 producing operations (40-48kt copper eq.)1 3 development projects All sites prospective for further discoveries Subst
Slide 4: Corporate overview
Corporate overview Board of Directors AIS SHARE PRICE 0.40 0.30 Andre Colin Michele Robert 0.20 Labuschagne Moorhead Muscillo Millner Executive Chairman Non-Executive Non-Executive Non-Executive Director Director Director 0.10 0.00 Senior Executives CAPITALISATION Market capitalisation1 A$169 millio
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 2,330km2 prospective tenement package Mineral Resource1 of 22.5Mt at 1.5% Cu, 0.3g/t Au Ore Reserve2,3 of 2.8Mt at 1.5% Cu, 0.3g/t Au FY25 guidanc
Slide 8: Tritton
Tritton A long life copper operation with a pipeline of extension projects 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-gra
Slide 9: Murrawombie Pit
Murrawombie Pit Cut back on old pit also provides major rehab saving Stripping to commence in Q3 FY25 with contract miner First ore to mill Q3 FY25 Ore Reserve of 1.3Mt ore @ 1.3%Cu, 0.2g/t Au1 Waste from cut back used to cap old heap leach pads, saving c.$8M rehabilitation costs 1. Ore Reserve 1.3M
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 FY25 guidance 40 – 49koz Au Strong history of reserve replacement in the We
Slide 13: Near mine exploration
Near mine exploration Defining new mineralised structure Focused on the high-grade Apollo structure Targeting down dip extension to known mineralisation at Apollo Also drilling the Coronation West and Kilkenny West structures Western Frontier represents a potential new structural corridor based on i
Slide 14: North Queensland
North Queensland Queensland
Slide 15: Mt Colin
Mt Colin Harvesting cash to fund group capital developments Mining completed in November 2024 Processing of remaining mined ore and stockpiles to continue to February 2025 FY25 guidance of 6 – 7kt Cu 16
Slide 16: 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 study on a potential underground operation nearing completion Toll treatment options with regional mills Situated on a mining lease; m
Slide 17: Development projects
Development projects
Slide 18: Jaguar
Jaguar Brownfield copper/zinc restart opportunity Mineral Resource1 8Mt @ 1.3% Cu, 5.6% Zn, 0.5g/t Au and 65g/t Ag across 4 deposits Transitioned to care and maintenance in Q1 FY24 Multiple restart scenarios have been assessed; preferred option to be presented to the Aeris board for approval this qu
Slide 19: 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 Albion leaching technology being investigated t
Slide 20: 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 FY25 production guidance of 40 – 4
Slide 21: Appendix
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Slide 22: Group Ore Reserves
Group Ore Reserves PROJECT CATEGORY TONNES (‘000) GRADE CONTAINED METAL Base Metals % Cu % Zn g/t Au g/t Ag kt Cu kt Zn koz Au koz Ag Tritton Proved 5 1.8 - - - 0.1 - - - Probable 2,790 1.5 - 0.3 5 41 - 23 451 Total 2,790 1.5 - 0.3 5 41 - 23 451 Jaguar Proved 90 1.4 8.7 0.8 74 1 8 2 225 Probable 1,0
Slide 23: Group Mineral Resources
Group Mineral Resources PROJECT CATEGORY TONNES (‘000) GRADE CONTAINED METAL Base Metals % Cu % Zn g/t Au g/t Ag kt Cu kt Zn koz Au koz Ag Tritton Measured 1,300 1.0 - 0.1 3 13 - 4 120 Indicated 11,200 1.4 - 0.3 4 145 - 91 1,280 Inferred 10,000 1.7 - 0.3 4 183 - 137 1,440 Total 22,500 1.5 - 0.3 4 34
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