AIC Mines Limited · ASX:A1M
AIC Mines — Investor Presentation (July 2022)
19 slides from AIC Mines's investor presentation, Jul 13, 2022
Slide 1: Investor Presentation July 2022
For personal use only Investor Presentation July 2022
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
Slide 3: Company overview
Company overview An experienced Board and Management team building a new Australian mid- For personal use only tier copper and gold miner through exploration, development and acquisition ASX Code A1M Board of Directors Share Price 1 $0.41 Josef El-Raghy Chairman Shares on Issue 308.8M Aaron Colleran
Slide 4: AIC Mines: Building a new Australian mid-tier copper and gold miner
AIC Mines Building a new Australian mid-tier copper and gold miner For personal use only Mt Isa Lamil Project Eloise All assets located in mining Copper Mine friendly jurisdictions. Operating foothold established in the Mt Isa – Cloncurry region, one Marymia Project of the most significant coppe
Slide 5: Eloise Copper Mine: high grade copper
High grade copper Reserve grade of 2.1% Cu and 0.6g/t Au – one of the highest-grade For personal use only copper mines currently operating in Australia. Eloise Excellent exploration potential High-grade deposit with a robust mine life supported by current Copper reserves and resources. Clear potenti
Slide 6: Eloise Copper Mine: Generating positive cashflow
Eloise Copper Mine Generating positive cashflow For personal use only A high-grade underground mine accessed via decline. Ore is processed by conventional crushing, grinding and sulphide flotation to produce a Cu-Au-Ag concentrate. Processing achieves high copper recoveries (generally ~95%) an
Slide 7: Eloise Copper Mine: Extending the mine life
Eloise Copper Mine Extending the mine life For personal use only Continuing to drill to increase Ore Reserves in a capital efficient manner. Investing in a new tailings storage facility and mining fleet renewal in FY23 – building a reliable +5 year mine. Current mineral resources contain 103,5
Slide 8: Eloise Copper Mine: Significant exploration upside
Eloise Copper Mine Significant exploration upside For personal use only AIC’s exploration strategy for Eloise will target 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 (
Slide 9: Exploration projects: Exploring for gold and copper
Exploration projects Exploring for gold and copper For personal use only Lamil Joint Venture 1,280km2 tenement package located 30km west of the world-class Telfer Gold-Copper Mine. Displays all the ingredients required to host a Telfer-style deposit. 2022 exploration program consists of 2,800m
Slide 10: Growth strategy: A disciplined acquisition strategy
Growth strategy A disciplined acquisition strategy For personal use only Build a portfolio of mines through exploration, development and acquisition Our strategy is to target late-stage Australian gold and copper projects where we can add value through exploration and development. Any acquisitio
Slide 11: People: Building an energised team
People Building an energised team For personal use only “Opportunities are usually disguised as hard work, so most people don’t recognise them.” Our culture is based on responsibility, efficiency and transparency. We are committed to creating a diverse and inclusive workplace where everyone feel
Slide 12: Investment thesis
For personal use only Investment thesis Highly credentialed and heavily invested team A new junior copper miner with strong cashflow to add value through exploration success, resource growth, operational reliability and regional consolidation Continuing to review new projects with the aim of buildin
Slide 13: Appendix
For personal use only Appendix Eloise Overview Mineral Resource & Ore Reserve 13
Slide 14: Eloise Copper Mine 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 103,500t Cu and 93,300oz Au Ore Reserves 30,300t Cu and 26,700oz Au Since commencement
Slide 15: Eloise Mineral Resource and Ore Reserve
Eloise Mineral Resource and Ore Reserve 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 “Transformational Acquisition - AIC to Acquire th
Slide 16: Lamil Project: Drilling has commenced
Lamil Project Drilling has commenced For personal use only Lamil has the right ingredients to host a Telfer- style gold-copper deposit. − Prospective basement lithologies − Sulphide minerals − Extensive alteration zones 2021 drilling 2021 confirmed copper sulphide mineralisation associated with
Slide 17: Marymia Project: Prospective for gold and copper
Marymia Project Prospective for gold and copper For personal use only 2022 program consists of 750m of diamond drilling and 7,200m of RC drilling. − Copper Hills Prospect (Cu) − Black Hills Prospect (Au) Copper Hills Prospect – considered to be a preserved portion of Paleoproterozoic basin, equi
Slide 18: Delamerian Project: Belt-scale exploration opportunity
Delamerian Project Belt-scale exploration opportunity For personal use only The Delamerian Orogen represents a largely under- explored cratonic margin setting analogous to other highly endowed provinces in Australia, such as the Paterson Orogen and Albany-Fraser Orogen. Prospective for multiple
Slide 19: For personal use only
For personal use only P: +61 (8) 6269 0110 E: [email protected] A: A8, 435 Roberts Rd, Subiaco, WA, 6008 www.aicmines.com.au 19