Aeris Resources Limited · ASX:AIS
Aeris Resources — Noosa Mining Conference 2026
33 slides from Aeris Resources's conference presentation, Jul 23, 2026
Slide 1: Noosa Mining Conference
For personal use only Noosa Mining Conference 23 July 2026 Presented by: Andre Labuschagne
Slide 2: Disclaimer
DISCLAIMER For personal use only This investor presentation has been prepared by Aeris Resources Limited (“Aeris” or the “Company”). By attending an FUTURE PERFORMANCE AND FORWARD-LOOKING STATEMENTS investor presentation or briefing, or accepting, accessing or reviewing this presentation, you acknow
Slide 3: Disclaimer
DISCLAIMER For personal use only DISCLAIMER NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES To the maximum extent permitted by law, Aeris and each of its respective related bodies corporate, shareholders and This Presentation does not constitute an offer to sell, or the solicitation of an offer
Slide 4: Aeris Resources
AERIS RESOURCES Australian mid-tier, copper and gold For personal use only producer 2 producing operations (FY26: 42.1kt copper eq.)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu
Slide 5: FY26 at a Glance
FY26 AT A GLANCE Group guidance achieved and strong balance sheet For personal use only 23kt 49koz 42.1kt (Copper Production Gold Production Group Cu Eq +19% YoY) (within guidance) 255.7koz $202.3 million $164.9 million Silver production Cash and Unrestricted cash receivables1 1. Unaudited and as a
Slide 6: Corporate Overview
CORPORATE OVERVIEW AIS SHARE PRICE Board of Directors For personal use only 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 Andre Labuschagne Colin Moorhead Michele Muscillo Dr Carmen Letton Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director 0 Senior Executives CAPITALISATION Ma
Slide 7: Tritton's Future Secured
12 TRITTON’S FUTURE SECURED Fourfold increase in Ore Reserves1 10 +0.2 For personal use only +2.7 8 Ore reserves grow to +10Mt containing 180kt Cu1 Tonnes (Mt) Total resources of 33Mt containing 540kt Cu1+70% 6 +3.8 10 Maiden underground reserve for Constellation of 3.8Mt (62kt Cu)1 4 Maiden reserve
Slide 8: Delivering on Aeris' Strategy in FY27
DELIVERING ON AERIS’ STRATEGY IN FY27 For personal use only 01 OPERATIONAL DELIVERY 02 03 JAGUAR STRATEGY Tritton Cracow PORTFOLIO • Murrawombie Pit • Low-cost care & complete in Q2 • Golden Plateau mining study Q2 SIMPLIFICATION maintenance • Constellation in • Get ready to drill Continually assess
Slide 9: Tritton, New South Wales
For personal use only TRITTON New South Wales
Slide 10: Tritton Operations
TRITTON OPERATIONS Strategic, cornerstone asset For personal use only AT A GLANCE Strategic location: In copper-rich, Cobar region, NSW Established infrastructure: Central processing plant, access to grid power and rail network Growth potential: Potential to grow copper production and extend life br
Slide 11: Targeting Long Life Tritton Operation
TARGETING LONG LIFE TRITTON OPERATION For personal use only Significant resources not yet in reserve Avoca Tank Budgery Murrawombie Kurrajong Tritton & SW Budgerygar Wirlong Mallee Bull Constellation 0 2 4 6 8 10 Resource (Mt) Reserve (Mt) 1. As at 30 June 2026. See Appendix for Mineral Resource and
Slide 12: FY27 Mine Plan
FY27 MINE PLAN Increased reliance on open pits For personal use only Over 1.2Mt Murrawombie ore to be mined in FY27 with pit completed in Q2 FY27 Constellation stripping to start Q1, first primary ore to mill in Q3 High ore tonnes and grade in Q4 Avoca Tank stoping to complete in Q1 – develop to con
Slide 13: Constellation
CONSTELLATION Updated Ore Reserve supports long-life For personal use only operation Ore reserve1 – 5.3Mt @ 1.5% Cu and 0.6g/t Au Mineral resource1 – 8.4Mt @ 1.9% Cu and 0.6g/t Au 2 years open pit mining Underground after 12 months Significant inferred resource to be converted through drilling Infra
Slide 14: Constellation Timeline
CONSTELLATION TIMELINE FY26 FY27 FY28 FY29 For personal use only MINING MINING OF TWO STAGE OPEN PIT UG PRODUCTION LEASE Strip ratio 14:1 BEGINS APPLICATION1 Long hole open stoping Construction underway with paste fill UNDERGROUND PORTAL DEVELOPMENT TO START After stage 1 of the open pit FROM MINE T
Slide 15: Mallee Bull
MALLEE BULL New development project from Peel acquisition For personal use only Maiden Ore reserve1 – 2.7Mt @ 2.4% Cu and 0.2g/t Au Mineral resource1 – 7.0Mt @ 1.8% Cu and 0.4g/t Au Approval for exploration decline Permitting and studies underway for full production Current expectation is for produc
Slide 16: Tritton Exploration
TRITTON EXPLORATION All deposits open at depth For personal use only
Slide 17: Avoca Tank
AVOCA TANK Successful exploration increased contained copper 13kt after mining depletion1 For personal use only 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026
Slide 18: Budgerygar
BUDGERYGAR Resources and reserves increased with drilling1 For personal use only 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026
Slide 19: Queensland: Cracow
For personal use only Queensland CRACOW
Slide 20: Cracow Operations
CRACOW OPERATIONS Consistent operation with a long production history For personal use only AT A GLANCE Location: Cracow, Central Qld Underground gold mine: In continuous production since 2004 Strong history of reserve replacement 40.6 koz Au FY26 production Exploration/Project High quality +1.7Moz
Slide 21: Golden Plateau
GOLDEN PLATEAU Increasing confidence in future mining For personal use only opportunity Drill program underway to test remnant mineralisation around historic stoping areas 14,000m program 75% complete with 55 holes drilled to date Mineral Resource update expected H1 FY27 Key intersections include1:
Slide 22: Exploration: Greenfield targets
EXPLORATION Greenfield targets For personal use only Exploring for a Western Vein Field analogue at the Southern Vein Field Airborne magnetic survey completed to aid finalisation of drill targets under 500m cover Drilling planned for FY27 (limited historical drilling) Western Frontier is an interpre
Slide 23: Projects
For personal use only PROJECTS
Slide 24: Stockman Project
STOCKMAN PROJECT Potential long-life, polymetallic development asset For personal use only AT A GLANCE Omeo region, Victoria, ~300km NE Melbourne Studies underway Proposed underground mines and conventional flotation plant Strong community support Major permits granted Mining Lease, EIS, tailings pe
Slide 25: Jaguar
JAGUAR Highly prospective exploration project For personal use only AT A GLANCE Significant resources defined 6.6Mt at 1.4% Cu, 6.3% Zn, 0.6g/t Au, 71g/t Ag1 Mine and plant on care and maintenance Reduced holding costs Highly prospective for both base metals and gold Gold Prospective tenement packag
Slide 26: Jaguar Exploration
JAGUAR EXPLORATION Base metal targets Gold targets For personal use only 26
Slide 27: Aeris Resources
AERIS RESOURCES Australian mid-tier, copper and gold For personal use only producer 2 producing operations (FY26: 42.1kt copper eq.)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu
Slide 28: For personal use only
For personal use only
Slide 29: Appendix
For personal use only APPENDIX
Slide 30: Group Ore Reserves
GROUP ORE RESERVES As at 30 June 2026. Refer to ASX announcement “Major Increase in Tritton Ore Reserves and Mineral Resources” dated 21 July 2026 For personal use only Tonnes Grade Contained Metal Deposit Category (Mt) Cu Au Ag Cu Au Ag (%) (g/t) (g/t) (kt) (koz) (koz) Proved - - - - - - - Tritton
Slide 31: Group Ore Reserves
GROUP ORE RESERVES As at December 2024. Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22 July 2025 For personal use only BASE METALS Category Tonnes Grade Contained Metal Asset (‘000) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Stockman Prov
Slide 32: Group Mineral Resources
GROUP MINERAL RESOURCES As at 30 June 2026. Refer to ASX announcement “Major Increase in Tritton Ore Reserves and Mineral Resources” dated 21 July 2026 Grade Contained Metal Grade Contained Metal Grade Contained Metal Deposit Category (Mt) Cu Au Ag Cu Au Ag Deposit Category (Mt) Cu Au Ag Cu Au Ag De
Slide 33: Group Mineral Resources
GROUP MINERAL RESOURCES As at December 2024. Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22 July 2025 For personal use only BASE METALS Category Tonnes Grade Contained Metal Project (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Jaguar M