Aeris Resources Limited · ASX:AIS
Aeris Resources — Diggers and Dealers 2024
25 slides from Aeris Resources's conference presentation, Aug 7, 2024
Slide 1: Correction to ASX Announcement - Diggers and Dealers Presentation
7 August 2024 ASX/MEDIA RELEASE CORRECTION TO ASX ANNOUNCEMENT DATED 5 AUGUST 2024 – “AERIS RESOURCES - DIGGERS AND DEALERS PRESENTATION” Aeris Resources Limited (ASX:AIS) would like to provide a corrected version of the presentation released to the ASX on 5 August 2024. A number of changes have bee
Slide 2: Diggers and Dealers Presentation
Diggers and Dealers Presentation August 2024 Presented by: Andre Labuschagne
Slide 3: Disclaimer
Disclaimer This investor presentation has been prepared by Aeris Resources Limited However, investors should note that the non-IFRS financial information DISCLAIMER (“Aeris” or the “Company”). By attending an investor presentation or and non-GAAP financial measures do not have standardised meanings
Slide 4: 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 5: Corporate overview
Corporate overview Board of Directors AIS SHARE PRICE 0.50 0.40 0.30 Andre Colin Michele Robert Labuschagne Moorhead Muscillo Millner 0.20 Executive Chairman Non-Executive Non-Executive Non-Executive Director Director Director 0.10 0.00 Senior Executives CAPITALISATION Market capitalisation1 A$203 m
Slide 6: 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 7: Production assets Tritton
Production assets Tritton New South Wales
Slide 8: Tritton
Tritton Our cornerstone asset 100% owned, high-grade underground copper mines located in central NSW 430kt copper produced since operations began in 2005 2,330km 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 guidance
Slide 9: Tritton
Tritton A long life copper operation now producing from multiple deposits 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-grad
Slide 10: Murrawombie Pit
Murrawombie Pit Cut back on old pit also provides major rehab saving Stripping expected to commence in Q2 FY25 with contract miner First ore to mill mid 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 Re
Slide 11: 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 12: Cracow
Cracow Queensland
Slide 13: 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 14: Near mine exploration
Near mine exploration Defining new mineralised structures Two new near-mine structures discovered (Apollo / Coronation West) Apollo traced 180m (strike) x 60m (down-plunge) – awaiting assays from latest drilling Coronation West drill program underway targeting high grade gold zones similar to the ne
Slide 15: Southern Vein Field
Southern Vein Field 1 Could be the game-changer for Cracow Approx. 2.5Moz gold produced to date from the WVF and 850koz gold from Golden Plateau Structures with the potential to host WVF style ore shoots interpreted under cover in the Southern Vein Field Southern Vein Field has had very limited expl
Slide 16: North Queensland
North Queensland Queensland
Slide 17: Mt Colin
Mt Colin Harvesting cash to fund group capital developments Mine in final stages of life FY25 guidance of 6 – 7kt Cu Production to continue through to Q2 FY25 Significant stockpiles of mined ore available for toll processing 16
Slide 18: Development projects
Development projects
Slide 19: 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 studies underway on a potential underground operation Toll treatment options with regional mills Low capital development utilising inf
Slide 20: 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 Restart study update due Q1 FY25 Tenement package highly prospective for base metals and gold with numerous targets ide
Slide 21: 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 22: 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 23: Appendix
We are (cis Appendix
Slide 24: 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 25: 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