AIC Mines Ltd (Australia)
AIC Mines Limited is an Australia-based resources company.
The business
AIC Mines Limited is an Australia-based resources company. The Company is engaged in the exploration, mine development, mine operations and the sale of copper concentrate in Australia. Its project includes the Eloise Copper Mine. It owns the Eloise Copper Mine, a high-grade operating underground mine located Southeast of Cloncurry in North Queensland. The Company is also engaged in advancing a portfolio of exploration projects that are prospective for copper and gold, which include the Delamerian Project, Pyramid Project, Windsor Base Metals Project, Lamil Project, and Peake and Denison Copper Project. The Eloise Project consists of the Eloise copper mine and the Jericho, Sandy Creek and Artemis copper deposits. The Eloise Copper Mine is located in North Queensland and 155 kilometers ESE of Mt Isa. The Delamerian Project consists of three large exploration licenses in western New South Wales. It holds the Windsor base metal project and Pyramid gold projects south of Charter Towers.
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Latest news
AIC Mines Hits High-Grade Gold and Copper in Extended Drilling at Jericho Project
AIC Mines (ASX: A1M) continues to define a significant ore body with new results from resource definition and extension drilling at its Jericho copper project in North Queensland. Along with its resource definition drilling at the Jolly shoot target, AIC has returned several significant high-grade intercepts and confirmed an extensive zone of high-grade mineralisation that […]
AIC Mines grows Jericho copper deposit with new mineralisation discoveries
AIC Mines (ASX: A1M) has continued to expand the known mineralisation at its Jericho copper deposit in Queensland. The Jericho deposit is located 4 kilometres south of the company’s Eloise copper mine and processing plant. The company has stepped up drilling at Jericho since announcing in May that it had approved development of the Jericho […]
AIC Mines reports 86% boost to ore reserves at Jericho copper deposit
Copper producer AIC Mines (ASX: A1M) has reported a significant boost to ore reserves at the Jericho deposit, south of its Eloise high-grade underground copper mine in Queensland. The reserve now sits at 3.2 million tonnes grading 1.9% copper and 0.4 grams per tonne gold for 61,100 tonnes of copper and 37,000 ounces of gold. […]
Venus Metals’ Curara Well JV identifies similar anomaly to Sandfire’s DeGrussa copper-gold mine
A DeGrussa and Monty style anomaly has been identified at Venus Metal’s (ASX: VMC) Curara Well joint venture with AIC Mines (ASX: A1M). Venus holds a 20% interest Curara Well, which encompasses five tenements for 89.7 square kilometres in Western Australia’s Gascoyne region. Venus is also free-carried through to a decision to mine. AIC Mines […]
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