Aic Mines Limited · ASX:A1M
Aic Mines — Noosa Mining Investor Conference 2026
13 slides from Aic Mines's conference presentation, Jul 23, 2026
Slide 1: Noosa Mining Investor Conference
For personal use only Noosa Mining Investor Conference July 2026
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 presentation does not purport to be co
Slide 3: A miner, a developer, an explorer
A miner, a developer, an explorer Focused on copper and gold in Australia For personal use only LTM 4 SHARE PRICE A1M A$ $0.90 14M Share Price1 $0.69 $0.80 12M Shares on Issue 797.6M $0.70 10M $0.60 Market Capitalisation $550.3M $0.50 8M Cash2 $41.7M $0.40 6M Debt3 $42.8M $0.30 4M Enterprise Value $
Slide 4: Copper Mine
Eloise Copper Mine Our foundational asset - FY26 – Guidance Achieved for Third Consecutive Year1: For personal use only - Eloise produced 13,064t Cu and 6,621oz Au in concentrate - At an AISC of $4.99/lb (US$3.39/lb) and an AIC of $5.32/lb (US$3.62/lb) Cu sold - Eloise generated net mine cash flow o
Slide 5: Jericho Copper Deposit
Jericho Copper Deposit Our next copper mine - Acquired in January 2023 – Jericho has transformed Eloise For personal use only - Jericho orebody is being de-risked - Underground access crossed the J1 lens at the end of January 2026 ahead of plan. - Access confirms mineralisation style and ground cond
Slide 6: Plant Expansion
Eloise Plant Expansion Expand and improve Eloise - Combined Eloise-Jericho Ore Reserves1 total 10.2Mt grading 1.9% Cu and For personal use only 0.4g/t Au for 191,000t Cu and 139,600oz Au. - Combined Eloise Region Mineral Resources1 total 31.2Mt grading 2.0% Cu and 0.4g/t Au for 631,800t Cu and 445,8
Slide 7: Exploration Strategy
Exploration Strategy Focus on transformational discoveries - Combined Eloise Region Mineral Resources1 total 31.2Mt grading 2.0% Cu and 0.4g/t Au for For personal use only 631,800t Cu and 445,800oz Au. - This is the largest resource base available to the Eloise plant in it’s 30-year history. - Jeric
Slide 8: Growth Strategy
Growth Strategy Building a new Australian mid-tier copper and gold miner For personal use only VALUE CREATION THROUGH PRODUCTION GROWTH TARGETING COPPER AND GOLD PROJECTS IN AUSTRALIA Building our Project Development Underground Mining Expertise Committed to High Impact Exploration Disciplined Appro
Slide 9: Investment Proposition
Investment Proposition For personal use only Highly credentialed and heavily invested team Cashflow – high-grade Eloise mine delivering reliable production Growth – development of Jericho deposit underway, transforming Eloise Upside – exploration successfully adding mine life and optionality A growt
Slide 10: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix MINERAL RESOURCES AND ORE RESERVES
Slide 11: Project Mineral Resources
Eloise Project Mineral Resources ELOISE PROJECT – COMBINED MINERAL RESOURCES AS AT 31 DECEMBER 2025 Notes: - Eloise and Jericho Mineral Resources are inclusive of Ore Cu Grade Au Grade Ag Grade Contained Contained Contained Reserves. There is no certainty that Mineral Resources will be Resource Cate
Slide 12: Project Ore Reserves
Eloise Project Ore Reserves ELOISE PROJECT – COMBINED ORE RESERVES AS AT 31 DECEMBER 2025 Notes: - Eloise Ore Reserves are estimated using a 1.3% Cu cut-off above 0mRL (1,190mBSL) and 1.8% Cu below 0mRL. Cu Grade Au Grade Ag Grade Contained Contained Contained - Jericho Ore Reserves are estimated us
Slide 13: Project Production Outlook
Eloise Project Production Outlook COMBINED PRODUCTION OUTLOOK AS AT 31 DECEMBER 2025 Production Outlook refers to the FY27 Guidance, and FY28 and FY29 Production Targets. Production Outlook FY27 FY28 FY29 For personal use only Production Target (Low - High) t Cu in conc 17,500 - 18,500 20,000 - 22,0