Aic Mines Limited · ASX:A1M
Aic Mines — Shareholder Meeting (November 2025)
14 slides from Aic Mines's shareholder meeting presentation, Nov 19, 2025
Slide 1: Investor Update – Annual General Meeting November 2025
For personal use only Investor Update Annual General Meeting – November 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: Our Values
Our Values For personal use only Our core values guide the decisions we make: AIC Mines is a growth focused Safety – Our first priority is to protect the health and well-being of all our people. We take a proactive approach to health and safety. We strive for continuous improvement in the prevention
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 VALUE CREATION THROUGH PRODUCTION GROWTH TARGETING COPPER AND GOLD PROJECTS IN AUSTRALIA Building our Project Development Disciplined Approach to Growth Underground Mining Expertise Committed to High Impact Explo
Slide 5: A miner, a developer, an explorer
A miner, a developer, an explorer Focused on copper and gold in Australia For personal use only SUBSTANTIAL SHAREHOLDERS A1M Share Price1 $0.455 FMR INVESTMENTS DIRECTORS Shares on Issue 797.6M Market Capitalisation Cash2 $363M $67.8M 14.0% Board representation via Jon Young 6.9% Josef El-Raghy – 5.
Slide 6: The Copper Thematic
The Copper Thematic - Copper demand is increasing – this new demand is supported by growing Copper Price1 (A$/lb) industries such as EVs, data centres, and emerging economies. $10.00 For personal use only - Copper supply has experienced a series of disruptions in the last 12 months $9.00 at 3 major
Slide 7: Eloise Copper Mine
Eloise Copper Mine Our foundational asset - FY25 Guidance – achieved: For personal use only - 12,863t Cu and 5,955oz Au produced in concentrate - AISC of $4.98/lb Cu sold (US$3.24/lb) and AIC of $5.37/lb Cu sold (US$3.49/lb) - Generated net mine cashflow of $27.4 million after Eloise capital - FY26
Slide 8: Eloise Plant Expansion
Eloise Plant Expansion Expand and improve Eloise - Development of Jericho supports a plant expansion to 1.1Mtpa throughput capacity (approximately 20,000tpa Cu1 in concentrate). For personal use only - Plant expansion cost and schedule now locked in with award of EPC contract to GR Engineering. - GR
Slide 9: Jericho Copper Deposit
Jericho Copper Deposit Our next copper mine - Jericho access drive is expected to reach ore earlier than expected: For personal use only - It will cross the J1 Lens in December 2025 - And is expected to reach the Jolly shoot by March 2026 - Development will then ramp-up to achieve a combined product
Slide 10: Exploration Strategy
Exploration Strategy Focus on transformational discoveries - The Eloise Regional Project consists of approximately 1,700km2 of contiguous, 100% For personal use only owned tenure1 immediately surrounding the Eloise mine. - This highly endowed area contains a pipeline of targets from early-stage pros
Slide 11: Investment Proposition
Investment Proposition For personal use only Highly credentialed and heavily invested team Cashflow – high-grades Eloise mine delivering reliable production Growth – development of Jericho deposit underway, transforming Eloise Upside – exploration successfully adding mine life and optionality A grow
Slide 12: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix MINERAL RESOURCES AND ORE RESERVES
Slide 13: Eloise Project Mineral Resources
Eloise Project Mineral Resources ELOISE PROJECT – COMBINED MINERAL RESOURCES AS AT 31 DECEMBER 2024 Notes: - Eloise and Jericho Mineral Resources are inclusive of Ore Cu Grade Au Grade Ag Grade Contained Contained Contained Reserves. Resource Category Tonnes - Eloise Mineral Resources are estimated
Slide 14: Eloise Project Ore Reserves
Eloise Project Ore Reserves ELOISE PROJECT – COMBINED ORE RESERVES AS AT 31 DECEMBER 2024 Notes: - Eloise Ore Reserves are estimated using a 1.3% Cu cut-off above 0mRL and 1.8% Cu below 0mRL. Cu Grade Au Grade Ag Grade Contained Contained Contained - Jericho Mineral Resources are estimated using a 1