AIC Mines Limited · ASX:A1M

AIC Mines — Brisbane Mining Investor Conference (March 2024)

17 slides from AIC Mines's conference presentation, Mar 13, 2024

  1. Slide 1: Investor Presentation – Brisbane Mining Investor Conference

    For personal use only Investor Presentation Brisbane Mining Investor Conference 2pm Wednesday 13 March 2024 To watch live online – register here

  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 presentation does not purport to be co

  3. Slide 3: AIC Mines

    AIC Mines An experienced Board and Executive team A growth-oriented Australian copper building a new Australian mid-tier copper and mining company gold miner through exploration, development and acquisition For personal use only A1M March 2024 Share Price1 $0.30 A1M Closing Share Price - 12 Months D

  4. Slide 4: An experienced Board and Executive team

    AIC Mines An experienced Board and Executive team A growth-oriented Australian copper building a new Australian mid-tier copper and mining company gold miner through exploration, development and acquisition For personal use only A1M March 2024 Share Price1 $0.30 Shares on Issue 462.5M Board of Direc

  5. Slide 5: Building a new Australian mid-tier copper and gold miner

    AIC Mines Building a new Australian mid-tier copper and gold miner Lamil Project For personal use only Eloise Copper Windsor Mine Project Growth through exploration, development and Cloncurry Pyramid acquisition Project Marymia Cannington Project Project Building a team for long-term, repeatable suc

  6. Slide 6: Eloise Copper Mine – Our foundational asset

    Eloise Copper Mine Our foundational asset Acquired in November 2021. Over this period: For personal use only  Eloise Resource Growth − Added 86,200t Cu to Mineral Resources1 – a 132% increase − Added 34,400t Cu to Ore Reserves1 – a 114% increase  Exploration Success − Discovered Lens 6 – 34,200t C

  7. Slide 7: Eloise Copper Mine – Outlook

    Eloise Copper Mine Outlook  Targeting 12,500t Cu and 5,000oz Au in concentrate at an AISC For personal use only of A$5.00/lb Cu (US$3.25/lb) in FY241 September 2023 Quarter:  Record production – 3,402t Cu and 1,820oz Au in concentrate  Lower cost – AISC of A$4.94/lb Cu (US$3.21/lb)  Cashflow pos

  8. Slide 8: Jericho Copper Deposit – Transforming Eloise into a cornerstone asset

    Jericho Copper Deposit Transforming Eloise into a cornerstone asset  Jericho is a perfect fit with Eloise: For personal use only − Same mining method − Same processing method  Development of Jericho transforms Eloise: − Expected economies of scale to reduce processing costs − Lower mining costs at

  9. Slide 9: Jericho Copper Deposit – Pathway to 20,000tpa Cu production

    Jericho Copper Deposit Pathway to 20,000tpa Cu production  Mining at Jericho is planned to ramp-up in stages over 36 For personal use only months to deliver a sustainable ore production rate of 600,000tpa from Jericho  Eloise processing plant to be progressively expanded to 1.1Mtpa from current 72

  10. Slide 10: Jericho Copper Deposit – Potential to increase production

    Jericho Copper Deposit Potential to increase production  Jericho remains open along strike For personal use only and at depth  Excellent infill and extensional drilling results from the CY23 program – extended the known high- grade shoots and identified new high- grade shoots between the main Jumb

  11. Slide 11: Regional exploration – Potential to further increase production

    Regional exploration Potential to further increase production  2,000km2 tenement holding providing a strong pipeline of For personal use only targets to maintain our resource growth momentum N  North – Iris-Electra-Big Foot trend defines 4km of prospective strike  South – geophysical targets alon

  12. Slide 12: Investment Proposition

    Investment Proposition For personal use only Highly credentialed and heavily invested team Expansion underway to transform the Eloise copper mine into a cornerstone asset: • Annual production of +20,000t copper and +7,500oz gold in concentrate • Mine life of +10 years • Highly prospective 2,000km2 t

  13. Slide 13: Appendix – Mineral Resources and Ore Reserves

    For personal use only Appendix Mineral Resources and Ore Reserves 13

  14. Slide 14: Eloise 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). Further information is provided in the ASX announcement released by AIC Mines “Significant Increase in Mineral Resources and Ore Reserves at Eloise

  15. Slide 15: Updated Lens Mineral Resources and Ore Reserves

    Updated Lens 6 Mineral Resources and Ore Reserves Lens 6 Mineral Resources and Ore Reserves are reported and classified in accordance with the JORC Code (2012). Further information is provided in the ASX announcement released by AIC Mines “Significant Increase in Lens 6 Mineral Resource and Ore Rese

  16. Slide 16: Jericho Mineral Resources and Ore Reserves

    Jericho Mineral Resources and Ore Reserves Jericho Mineral Resources and Ore Reserves are reported and classified in accordance with the JORC Code (2012). Further information is provided in the ASX announcements released by AIC Mines “Significant Increase in Jericho Mineral Resource” dated 30 Januar

  17. Slide 17: Sandy Creek Mineral Resources

    Sandy Creek Mineral Resources Sandy Creek Mineral Resources are reported and classified in accordance with the JORC Code (2012). The Sandy Creek Mineral Resource Estimate is reported above a 0.3% Cu cut-off. The Sandy Creek Mineral Resource comprises five mineralised zones, including Main and West Z

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