Article

AIC Mines has successfully intersected mineralisation at its Jericho copper project in Queensland via the Jericho access drive from the Eloise mine. This access drive has reached the J1 lens, confirming the geological expectations of the project.

The Jericho deposit contains a mineral resource of 19.2 million tonnes grading 2.0% copper and 0.4 g/t gold. Development began in May 2024 and has progressed approximately 2.35 km underground. AIC plans to expand the Eloise processing facility capacity to 1.1 million tonnes per annum, targeting commissioning in the December 2026 quarter. Further development includes advancing towards the Matilda and Jolly shoots for trial mining and mine planning.