AIC Mines Limited · ASX:A1M

AIC Mines — Shareholder Meeting (November 2022)

16 slides from AIC Mines's shareholder meeting presentation, Nov 25, 2022

  1. Slide 1: AGM Presentation

    For personal use only AGM Presentation 25 November 2022

  2. 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 For personal use only presentation doe

  3. Slide 3: AIC Mines: experienced Board and Management building a mid-tier copper and gold miner

    AIC Mines An experienced Board and Management team building a new Australian mid-tier copper and gold miner through For personal use only A1M Pre-Offer Current Pro-Forma Share Price1 $0.48 $0.48 $0.48 exploration, development and acquisition Shares on Issue 312.5M 348.5M1 395.4M Market Capitalisatio

  4. Slide 4: AIC Mines' foundation asset

    Eloise Copper Mine AIC Mines’ foundation asset For personal use only  A high-grade underground mine with a 26-year operating history.  Acquired by AIC Mines for $27M on 1 November 2021.  The opportunity was clear – to add value through: − exploration success − resource growth − operational reliab

  5. Slide 5: Significant exploration upside

    Eloise Copper Mine Significant exploration upside For personal use only  AIC’s exploration strategy for Eloise is targeting both extensions to the known resource areas and the discovery of new deposits.  The search for new deposits has numerous target areas: − West Corridor  Macy North  Emerson

  6. Slide 6: Lens discovery

    Eloise Copper Mine Lens 6 discovery For personal use only  Exploration drilling into an under-explored area northeast of the Deeps lodes returned significant grades and widths indicative of a new high-grade lode system.  Located approximately 150m from development.  Significant intercepts include

  7. Slide 7: Resource Growth

    Eloise Copper Mine Resource Growth For personal use only  Eloise 30 June 2022 Mineral Resources and Ore Reserves (MROR) estimates were released 22 August 20221.  Mineral Resources increased to 115,000 tonnes of contained copper and 101,100 ounces of contained gold, representing an 11% increase in

  8. Slide 8: Production and Cost

    Eloise Copper Mine Eloise Production and Cost Units 12 Months Operational Reliability Metrics November 2021 - October 2022 Ore Mined kt 594,678 For personal use only Copper grade mined % 2.10%  Targeting FY23 production of approximately 12,500t Cu Tonnes processed kt 604,863 and 6,000oz Au1 in conc

  9. Slide 9: Chimera Project: Logical regional consolidation

    Chimera Project Logical regional consolidation For personal use only Demetallica’s Chimera Project completely surrounds the Eloise mine1. The key project is the Jericho deposit located 4km south of Eloise. It has similar host rocks, alteration and sulphide mineralisation to Eloise meaning:  Similar

  10. Slide 10: Eloise and Jericho: Logical regional consolidation

    Eloise and Jericho Logical regional consolidation For personal use only Combining Eloise and Jericho provides the quickest and most efficient means of developing, mining and processing Jericho. Combined resources of 320,000t Cu and 230,100oz Au. Increases mine life to +10 years. Potential to increas

  11. Slide 11: AIC Mines Takeover Offer for Demetallica

    AIC Mines Takeover Offer for Demetallica For personal use only Rationale for the Offer Terms of the Offer1  A logical combination with a strong strategic  1 AIC Mines share for every 1.3 Demetallica shares held. rationale.  Demetallica directors unanimously recommend that shareholders accept the

  12. Slide 12: Sustainability

    AIC Mines Sustainability For personal use only  ESG is business as usual for AIC Mines. It drives and informs risk, strategy and disclosures.  Consentium1 recently appointed to assist AIC Mines to draft a full Sustainability Plan. The plan will be a publicly accessible document outlining the compa

  13. Slide 13: A growth-oriented Australian copper mining company

    AIC Mines A growth-oriented Australian copper mining company For personal use only Lamil Chimera Project Project Windsor Project All assets located in mining friendly Cloncurry jurisdictions. Pyramid Project Marymia Cannington Cornerstone asset in the Mt Isa – Cloncurry Project Project region, one o

  14. Slide 14: Appendix: Eloise Overview, Mineral Resource and Ore Reserve

    For personal use only Appendix Eloise Overview Mineral Resource and Ore Reserve 14

  15. Slide 15: Eloise Overview

    Eloise Copper Mine Overview For personal use only Location 60km SE of Cloncurry and 155km ESE of Mt Isa Tenements Mining leases covering 505.9 ha Mineralisation Iron Sulphide Copper Gold (ISCG). Mineral Resources 115,000t Cu and 100,100oz Au Ore Reserves 36,000t Cu and 32,600oz Au Since commencement

  16. Slide 16: Mineral Resources and Ore Reserves

    Eloise Mineral Resources and Ore Reserves Eloise Mineral Resources and Ore Reserves are reported and classified in accordance with the JORC Code (2012). For personal use only Further information is provided in the ASX announcement released by AIC Mines “Increase in Mineral Resources and Ore Reserves

AIC Mines — Shareholder Meeting (November 2022) on 6ix