Aic Mines Limited · ASX:A1M
Aic Mines — Mining Conference 19 – 20 March 2025
16 slides from Aic Mines's conference presentation, Mar 19, 2025
Slide 1: Investor Presentation March 2025
Mining Conference 19 – 20 March 2025 For personal use only Investor Presentation March 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
AIC Mines A miner, a developer, an explorer – Substantial Shareholders focused on copper in Australia FMR Investments 14.3% For personal use only Board representation via Jon Young A1M Directors Share Price1 $0.375 Josef El-Raghy – 7.0% 9.3% Aaron Colleran – 2.1% Shares on Issue 575.7M Market Capita
Slide 4: Strategy: 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 4
Slide 5: Eloise Copper Mine
Eloise Copper Mine Our foundational asset Eloise achieved record production in FY24 – delivering 13,412t Cu For personal use only and 6,669oz Au in concentrate at an AISC of A$5.15/lb Cu and AIC of A$5.39/lb Cu generating positive cashflow of $23.1M FY25 production guidance is 12,500t Cu and 5,0
Slide 6: Jericho Copper Deposit
Jericho Copper Deposit Our next copper mine Development of Jericho transforms Eloise: For personal use only − Extends project life and supports processing plant expansion − Economies of scale to reduce processing costs − Lower mining costs at Jericho due to shallower ore − Additional ore sources r
Slide 7: Eloise Plant Expansion
Eloise Plant Expansion Expand and improve Eloise Simple processing plant expansion to 1.1Mtpa from For personal use only current 725,000tpa throughput capacity − Designed to minimise operational impacts to Eloise during construction − Designed to accommodate further expansion − Replace old/ineffic
Slide 8: Near-Mine Exploration
Near-Mine Exploration Resources limited by drilling 21,250m of drilling was completed at Jericho in For personal use only CY24 – delivering a 33% increase in contained copper and a 39% increase in contained gold Approximately 11,700m of drilling is planned at Jericho in CY25 – predominantly at t
Slide 9: Near-Mine Exploration
Near-Mine Exploration Resources limited by drilling For personal use only Note: Eloise and Jericho are projected to a plane to capture both deposits on long section. Mineral Resources as at 31 December 2024 – full tables provided as an Appendix to this presentation. 9
Slide 10: Exploration Strategy
Exploration Strategy Focus on transformational discoveries Searching for: For personal use only Higher-grade deposits (>2% Cu) Large deposits (>20Mt) to warrant further expansion to the Eloise processing capacity Growth Priorities: Near-mine for extensional resource growth Re-evaluating
Slide 11: Growth Strategy
Growth Strategy A disciplined approach Building a portfolio of mines through exploration, For personal use only development and acquisition Targeting late-stage Australian gold and copper projects where we can add value through exploration and development A disciplined approach Any acquisition w
Slide 12: 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 13: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix Mineral Resources and Ore Reserves 13
Slide 14: Eloise Project Mineral Resources
Eloise Project Mineral Resources For full details of Eloise, Jericho, Sandy Creek and Artemis Mineral Resources see AIC Mines ASX announcement “Significant Increase in Mineral Resources” dated 19 March 2025. The Competent Persons are Paul Napier (Eloise Mineral Resource), Matthew Fallon For personal
Slide 15: Eloise Project Ore Reserves
Eloise Project Ore Reserves Ore Reserves as at 31 December 2024 are currently being estimated and are due to be reported in April 2025. For full details of Eloise Ore Reserves as at 31 December 2023 see AIC Mines ASX For personal use only announcement “Increased Resources and Reserves at Eloise, San
Slide 16: Eloise Regional MROR Growth
Eloise Regional MROR Growth 600,000 3.00% For full details of Eloise Regional (Eloise, Jericho, Sandy Creek and Artemis) Mineral Mineral Resources Ore Reserves Resources see AIC Mines ASX announcements: Resource Grade Reserve Grade • As at 31 December 2024 – “Significant Increase in Mineral Resource