Aic Mines Limited · ASX:A1M
Aic Mines — Investor Presentation (July 2025)
15 slides from Aic Mines's investor presentation, Jul 23, 2025
Slide 1: Investor Presentation July 2025
For personal use only Investor Presentation July 2025
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: A miner, a developer, an explorer – focused on copper in Australia
AIC Mines A miner, a developer, an explorer – focused on copper in Australia For personal use only Delivering Ore Reserve and Mineral Resource growth Delivering reliable operational results at Eloise Production expansion underway at Jericho 3
Slide 4: AIC Mines corporate snapshot
AIC Mines A miner, a developer, an explorer – Substantial shareholders4 focused on copper in Australia FMR Investments Board representation via Jon Young 11.5% For personal use only A1M Directors Josef El-Raghy – 5.6% 7.3% Share Price1 $0.32 Aaron Colleran – 1.7% Shares on Issue 718.5M Mt Gibson Iro
Slide 5: Building a new Australian mid-tier copper and gold miner
Strategy Building a new Australian mid-tier copper and gold miner For personal use only Committed to High Building our Project Underground Mining Disciplined Approach Impact Development Expertise to Growth Exploration Credentials 5
Slide 6: Eloise Copper Mine
Eloise Copper Mine Our foundational asset FY25 Guidance1 – achieved: For personal use only − 12,863t Cu and 5,955oz Au in concentrate − AISC of $4.98/lb Cu (US$3.24/lb) − AIC of $5.37/lb Cu (US$3.49/lb) − Generated net mine cashflow of $27.4 million after capital FY26 Guidance2 – another good ye
Slide 7: Jericho Copper Deposit
Jericho Copper Deposit Our next copper mine Development of Jericho transforms Eloise: For personal use only − Underpins our growth to 20,000tpa1 copper − Extends project life and supports processing plant expansion − Economies of scale to reduce processing costs − Lower mining costs at Jericho due
Slide 8: Eloise Plant Expansion
Eloise Plant Expansion Expand and improve Eloise Development of Jericho supports a plant expansion New crushing & screening facility For personal use only to 1.1Mtpa throughput capacity. − Designed to minimise operational impacts to Eloise during construction − Designed to accommodate further expa
Slide 9: Near-Mine Exploration
Near-Mine Exploration Resources limited by drilling Jericho remains open along strike and at depth – For personal use only over 5km of strike. Drilling at Jericho delivered a 33% increase in contained copper at a discovery cost of only $42/t of copper ($0.02/lb) in CY24. More than 10,000m of d
Slide 10: Exploration Strategy
Exploration Strategy Focus on transformational discoveries Combined Eloise Region Mineral Resources1 total 28.4Mt grading 2.0% Cu and 0.4g/t Au for 563,000t Cu and 409,600oz Au. For personal use only Now searching for: Higher-grade deposits (>2% Cu) to displace current resources Large deposi
Slide 11: Investment Proposition
Investment Proposition Highly credentialed and heavily invested team For personal use only Cashflow – high-grade Eloise mine delivering reliable production Growth – development of Jericho deposit underway, transforming Eloise Upside – exploration successfully adding mine life and optionality A growt
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 Eloise Project – Combined Mineral Resources as at 31 December 2024 For full details of Eloise, Jericho, Sandy Creek and Artemis Mineral Resources see AIC Au Grade Ag Grade Contained Contained Gold Contained Resource Category Tonnes Cu Grade (%) Mines ASX announcement
Slide 14: Eloise Project Ore Reserves
Eloise Project Ore Reserves Eloise Project – Combined Ore Reserves as at 31 December 2024 For full details of Eloise and Jericho Ore Reserves as at 31 December 2024 see AIC Mines Au Grade Ag Grade Contained Contained Gold Contained ASX announcement “Significant Increase in Ore Reserves” dated 16 Apr
Slide 15: AIC Mines' Production Outlook
AIC Mines’ Production Outlook Eloise and Jericho Production Outlook Production Outlook refers to the FY26, FY27 and FY28 Production Targets. Units FY26 FY27 FY28 The FY27 Production Target is composed of 82% Probable Ore Reserves and 18% Inferred Production Target (Low - High) t Cu in conc. 12,400 -