AIC Mines Limited (AU:A1M) has released an update.
AIC Mines Limited has reported substantial increases in Mineral Resources and Ore Reserves across its Eloise Copper Mine and regional projects Sandy Creek and Artemis, with a 13% and 14% increase in contained copper and gold at Eloise, respectively. The exploration and resource definition drilling in 2023 have not only replaced but exceeded mining depletion, positioning the company well for extended operations of the Eloise processing plant beyond 2034. The inclusion of Sandy Creek and Artemis into the company’s resource estimates further bolsters AIC Mines’ growth-focused strategy in the Australian gold and copper sector.
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