Aeris Resources Advances Constellation Project with High-Grade Copper Finds

Aeris Resources Limited ( (AU:AIS) ) has provided an announcement.

Aeris Resources Limited has successfully completed a 70-hole resource definition drill program at its Constellation deposit, yielding high-grade copper intercepts. This progress is crucial for upgrading the Mineral Resource Estimate, which is expected to support a detailed mining study and maiden Ore Reserve Estimate by Q3 FY25. The company is also on track with the Environmental Impact Statement and permitting process for the Constellation Mine, anticipated for completion in Q4 FY25.

More about Aeris Resources Limited

Aeris Resources Limited is an Australian company operating in the copper-gold mining sector. It focuses on exploration and production, primarily through its Tritton tenement package in New South Wales.

YTD Price Performance: -5.71%

Average Trading Volume: 1,244,192

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$159.8M

For an in-depth examination of AIS stock, go to TipRanks’ Stock Analysis page.