Aic Mines Limited · ASX:A1M
Aic Mines — Investor Presentation (July 2024)
14 slides from Aic Mines's investor presentation, Jul 18, 2024
Slide 1: Investor Presentation July 2024
For personal use only Investor Presentation July 2024
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: AIC Mines: growth-oriented Australian copper miner
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 Share Price1 $0.40 Shares on Issue2 570.9M Board of Directors Marke
Slide 4: Eloise Copper Mine
Eloise Copper Mine Our foundation asset Eloise achieved record production in FY24 – delivering 13,412t For personal use only Cu and 6,669oz Au in concentrate at an AISC of A$5.15/lb Cu and AIC of A$5.39/lb Cu generating positive cashflow of $23.1M FY25 production target1 is 12,500t Cu and 5,000o
Slide 5: Jericho Copper Deposit
Jericho Copper Deposit Transforming Eloise into a cornerstone asset For personal use only Development of Jericho transforms Eloise: − Increases production to over 20,000tpa Cu in concentrate − Expected economies of scale to reduce processing costs − Lower mining costs at Jericho due to shallower o
Slide 6: Jericho Copper Mine
Jericho Copper Mine Pathway to 20,000tpa Cu production Jericho will be accessed via a 3.0km link drive from the Eloise decline For personal use only − Excavation immediately in competent rock − Lower mine operating cost − Allows for rapid development of any future discoveries along the 3.0km of pr
Slide 7: Eloise Plant Expansion
Eloise Plant Expansion Pathway to 20,000tpa Cu production Eloise processing plant to be progressively expanded For personal use only to 1.1Mtpa from current 725,000tpa capacity to accommodate Jericho ore Capital cost estimate for the Eloise processing plant expansion is estimated at $60M over 36
Slide 8: Regional Exploration
Regional Exploration Potential to further increase production 2,000km2 tenement holding providing a strong pipeline of For personal use only targets N North – Iris-Electra-Big Foot trend defines 4km of prospective strike South – geophysical targets along strike south of Jericho S (Clementine t
Slide 9: Exploration Strategy
Exploration Strategy Focus on copper Cloncurry North Project Building a portfolio of mines through For personal use only Lamil Windsor Eloise exploration, development and Project Copper Mine Project Cloncurry Pyramid acquisition Project Exploration is a core part of our growth Marymia Project Cann
Slide 10: Growth Strategy
Growth Strategy A disciplined acquisition strategy Building a portfolio of mines through exploration, For personal use only development and acquisition Targeting late-stage Australian gold and copper projects where we can add value through exploration and development Any acquisition we make must
Slide 11: 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
Slide 12: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix Mineral Resources and Ore Reserves 12
Slide 13: Eloise Project Mineral Resources
Eloise Project Mineral Resources For full details of Eloise Mineral Resources see AIC Mines ASX announcement “Increased Resources and Reserves at Eloise, Sandy Creek and Artemis” dated 18 April 2024 For full details of Jericho Mineral Resources see AIC Mines ASX announcement “Significant Increase in
Slide 14: Eloise Project Ore Reserves
Eloise Project Ore Reserves For full details of Eloise Ore Reserves see AIC Mines ASX announcement “Increased Resources and Reserves at Eloise, Sandy Creek and Artemis” dated 18 April 2024 For full details of Jericho Ore Reserves see AIC Mines ASX announcement “Significant Increase in Jericho Ore Re