AIC Mines Limited · ASX:A1M
AIC Mines — Sydney Resources Roundup Conference 2023
17 slides from AIC Mines's conference presentation, May 8, 2023
Slide 1: Sydney Resources Roundup Conference
For personal use only Sydney Resources Roundup Conference Aaron Colleran CEO May 2023
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
AIC Mines A growth-oriented Australian copper mining company Lamil Project For personal use only Eloise Copper Windsor Mine Project Cornerstone asset in the Mt Isa – Cloncurry Cloncurry Pyramid region, one of the most significant copper Project Marymia producing regions in the world Project Canningt
Slide 4: Corporate overview
AIC Mines An experienced board and management Corporate overview team building a new Australian mid-tier ASX Code: A1M copper and gold miner through For personal use only Share Price1 $0.37 exploration, development and Shares on Issue 462.2M acquisition Market Capitalisation $171.0M Cash2 $37.7M Boa
Slide 5: Eloise Copper Mine
Eloise Copper Mine Our flagship project Eloise is a high-grade underground mine that has For personal use only been in production since 1996. Produced 2,475t of copper and 1,136oz of gold in concentrate in the March 2023 Quarter. Eloise reserves1 of 2.2Mt grading 2.4% Cu and 0.6g/t Au (52,600t
Slide 6: Eloise Copper Mine: Adding value
Eloise Copper Mine Adding value When we acquired Eloise in November 2021 For personal use only we could see that we could add value through: − Exploration success − Resource growth − Operational reliability; and − Regional consolidation. We saw a clear opportunity to increase production and mine
Slide 7: 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 – it has similar host rocks and For personal use only mineralisation to Eloise − Same mining method − Same processing method Development of Jericho transforms Eloise into a cornerstone asset:
Slide 8: Jericho Copper Deposit: Significant resource
Jericho Copper Deposit Significant resource – open along strike and at depth For personal use only Jericho hosts a resource1 of 9.8Mt grading 1.8% Cu and 0.4g/t Au (180,000t Cu and 110,600oz Au). Open along strike and at depth Relatively shallow – commencing at 50m below surface and extends to
Slide 9: Jericho development and Eloise expansion timeline
Jericho development and Eloise expansion Timeline CY 2023 CY 2024 For personal use only Mining and environmental approvals Mining and environmental approvals Plant optimisation study Plant study Mining studies Mining studies Plant engineering and design Engineering and design Plant & infrastructure
Slide 10: Regional exploration
Regional exploration 2,000km2 tenement holding Highly prospective tenement holding previously explored For personal use only by OZ Minerals and Sandfire Exploration through a “hub and spoke lens” is expected to add resources Sandy Creek deposit1 – hosts a near-surface historic Inferred Resourc
Slide 11: Growth strategy
Growth strategy Building a portfolio of mines through exploration, development and acquisition For personal use only Cornerstone asset in the Mt Isa – Cloncurry region, one of the most significant copper producing regions in the world Targeting late-stage Australian copper and gold projects where we
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 +10,000oz gold in concentrate • Mine life of +10 years • Highly prospective 2,000km2
Slide 13: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix Mineral Resources and Ore Reserves 13
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
Slide 15: Jericho Mineral Resources
Jericho Mineral Resources Jericho Mineral Resources are reported and classified in accordance with the JORC Code (2012). Further information is provided in the ASX announcement released by AIC Mines “Jericho Mineral Resource” dated 6 February 2023. The Jericho Mineral Resource Estimate is reported u
Slide 16: 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
Slide 17: For personal use only
For personal use only 17