AIC Mines Limited · ASX:A1M
AIC Mines — Investor Presentation (November 2021)
20 slides from AIC Mines's investor presentation, Nov 11, 2021
Slide 1: Investor Presentation: Noosa Mining Unearthed
For personal use only Investor Presentation Noosa Mining Unearthed 11 November 2021
Slide 2: Important information
Important information This presentation has been prepared by AIC Mines Limited (“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 For personal use only purport to b
Slide 3: Investing in mining companies
Investing in mining companies Important considerations when investing in mining companies: For personal use only 1. First make sure the basics are covered 2. Then consider the upside Good Management Organic growth Strong balance sheet Inorganic growth strategy Supportive macro environment Strategic
Slide 4: 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 $0.40 Josef El-Raghy Chairman Shares on Issue 308.7M Aaron Colleran M
Slide 5: Macro environment
Macro environment A great time to be one of the few junior copper producers listed on the ASX with strong demand and price outlook for copper For personal use only Decarbonisation – a new paradigm Net additional demand in a zero carbon scenario for copper demand Rapid electrification of grid adds
Slide 6: AIC Mines
AIC Mines A growth company leveraged to the copper price and exploration For personal use only success Cloncurry Lamil Project All assets located in mining friendly Eloise jurisdictions. Copper Mine Balanced portfolio of one operating Marymia asset and two exploration projects. Project Brisbane
Slide 7: Copper Mine: Mining and Processing
Eloise Copper Mine Mining and Processing For personal use only The mine was commissioned in 1996 and has mined approximately 12.5Mt of ore grading 2.8% Cu and 0.8g/t Au to produce 339,000t Cu and 167,000oz Au in concentrate. Acquired by AIC from private company FMR Investments on 1 November 2021
Slide 8: Copper Mine: Ore Reserves and Mineral Resources
Eloise Copper Mine Ore Reserves and Mineral Resources For personal use only Current Ore Reserves contain 30,300t of copper and 26,700oz of gold1 which represent two years of mine life. The orebody is remarkably consistent and continuous. Historically FMR did not drill-out a large resource inve
Slide 9: 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 lodes. Outside of the defined Mineral Resource area, there are 10 zones identified as priority drilling t
Slide 10: Copper Mine: Significant exploration upside
Eloise Copper Mine Significant exploration upside For personal use only The exploration potential of the Eloise tenement holding was one of the main features that attracted AIC to the acquisition. AIC is planning to increase both surface and underground drilling and is confident of significantly
Slide 11: Exploration projects
Exploration projects Exploring for gold and copper in WA 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. AIC earning up to 65% of the JV from
Slide 12: Lamil Project: Drilling program recently completed
Lamil Project Drilling program recently completed For personal use only Maiden drilling program1 in 2020 confirmed: − Presence of prospective basement lithologies including metasedimentary rocks (quartz sandstones, siltstones, quartzite) and mafic intrusives (gabbro and dolerite). Above: NQ2 core
Slide 13: Marymia Project: Drilling program recently completed
Marymia Project Drilling program recently completed For personal use only 4,670m RC drilling program completed in October 2021 focused on Copper Hills, Middle Island and DeGrussa North1. Copper Hills Considered to be a preserved portion of Paleoproterozoic basin, equivalent to that hosting the D
Slide 14: Growth 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. Portfolio approa
Slide 15: Investment thesis
For personal use only Investment thesis Highly credentialed and heavily invested team A new junior copper miner with strong free cashflow to add value through exploration success, resource growth, operational reliability and regional consolidation A great time to be a copper producer – strong demand
Slide 16: Appendix
For personal use only Appendix Eloise Overview Geology Mineral Resource & Ore Reserve 16
Slide 17: Copper Mine: Overview
Eloise Copper Mine Overview For personal use only Location 60km SE of Cloncurry and 155km ESE of Mt Isa Tenements Granted mining leases covering 505.9 ha Mineralisation Iron Sulphide Copper Gold (ISCG). Mineral Resources 65,500t Cu and 60,100oz Au Ore Reserves 30,300t Cu and 26,700oz Au The upper le
Slide 18: Copper Mine: Geology
Eloise Copper Mine Geology For personal use only The Eloise deposit is hosted by a sequence of Proterozoic basement lithologies concealed beneath 60 m of flat-lying Mesozoic sediments. The host rocks predominantly comprise arenitic metasediments and amphibolites. The main copper-bearing sulphi
Slide 19: 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 20: Contact
Contact For personal use only P: +61 (8) 6269 0110 E: [email protected] A: A8, 435 Roberts Rd, Subiaco, WA, 6008 ABN: 11 060 156 452 www.aicmines.com.au 20