AIC Mines Limited · ASX:A1M
AIC Mines — Investor Presentation (April 2024)
17 slides from AIC Mines's investor presentation, Apr 10, 2024
Slide 1: Investor Presentation April 2024
For personal use only Investor Presentation April 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: experienced Board and Executive team
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 April 2024 Share Price1 $0.40 Shares on Issue 462.5M Board of Direc
Slide 4: Growth strategy
Growth strategy Building a portfolio of mines through exploration, development and acquisition For personal use only Targeting late-stage Australian copper and gold projects where we can add value through exploration and development Delivering growth through discovery, development and acquisition Co
Slide 5: Eloise Copper Mine: our foundational asset
Eloise Copper Mine Our foundational asset Eloise – acquired in November 2021. Over this period: For personal use only Eloise Resource Growth − Added 86,200t Cu to Mineral Resources1 – a 132% increase − Added 34,400t Cu to Ore Reserves1 – a 114% increase Exploration Success − Discovered Lens 6 –
Slide 6: Eloise Copper Mine Outlook
Eloise Copper Mine Outlook Targeting 12,500t Cu and 5,000oz Au in concentrate at an AISC For personal use only of A$5.00/lb Cu (US$3.25/lb) in FY241 Targeting 3,000t – 3,200t Cu in concentrate in March 2024 Quarter2 Exceptional results achieved in September 2023 and December 2023 Quarters: − S
Slide 7: Jericho Copper Deposit: transforming Eloise into a cornerstone asset
Jericho Copper Deposit Transforming Eloise into a cornerstone asset Jericho – acquired in January 2023 For personal use only Development of Jericho transforms Eloise: − Expected economies of scale to reduce processing costs − Lower mining costs at Jericho due to shallower ore − Additional ore sour
Slide 8: Jericho: pathway to 20,000tpa Cu production
Jericho Copper Deposit Pathway to 20,000tpa Cu production Mining at Jericho is planned to ramp-up in stages over 36 For personal use only months to deliver a sustainable ore production rate of 600,000tpa from Jericho Commencement of boxcut dependent on receiving a Site Specific Environmental Aut
Slide 9: Jericho: potential to increase production
Jericho Copper Deposit Potential to increase production Jericho remains open along strike and at For personal use only depth – infill and extensional drilling in CY23 extended the known high-grade shoots and identified new high-grade shoots1 New discovery at Swagman1 – a new high- grade shoot tw
Slide 10: Regional exploration
Regional exploration Potential to further increase production 2,000km2 tenement holding providing a strong pipeline of For personal use only targets to maintain our resource growth momentum N North – Iris-Electra-Big Foot trend defines 4km of prospective strike South – geophysical targets alon
Slide 11: Commitment to Sustainability
AIC Mines Commitment to Sustainability For personal use only ESG is business as usual for AIC Mines. It drives Sustainability Strategy released June 2023 – a publicly and informs decision making around risk, strategy and accessible document outlining our approach to sustainability disclosures. We ar
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 +7,500oz gold in concentrate • Mine life of +10 years • Highly prospective 2,000km2 t
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: Updated Lens Mineral Resources and Ore Reserves
Updated Lens 6 Mineral Resources and Ore Reserves Lens 6 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 Lens 6 Mineral Resource and Ore Rese
Slide 16: Jericho Mineral Resources and Ore Reserves
Jericho Mineral Resources and Ore Reserves Jericho Mineral Resources and Ore Reserves are reported and classified in accordance with the JORC Code (2012). Further information is provided in the ASX announcements released by AIC Mines “Significant Increase in Jericho Mineral Resource” dated 30 Januar
Slide 17: 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