Aeris Resources (ASX: $AIS) signs open pit mining contract for Tritton Operations

Aeris Resources announces key project update


Aeris Resources (ASX:AIS) has announced a significant update for its Tritton Operations in New South Wales. The company has signed an open pit mining contract with Mackellar Group for the Murrawombie pit cutback. This project is crucial as it will provide a substantial portion of the mill feed for fiscal year 2026. Mobilization of personnel and equipment has started, with mining activities expected to commence in early February 2025.

Aeris Resources' strategic project outlook


Aeris Resources is advancing its Tritton Operations with the signing of a mining contract with Mackellar Group for the Murrawombie pit cutback. The project, with a 14-month contract, includes a Probable Reserve of 1.34 million tonnes of copper and gold. The company is prioritizing environmental management by using non-acid forming waste for rehabilitation, ensuring cost efficiency. Aeris aims to strengthen its copper-focused portfolio through organic growth and strategic partnerships, emphasizing its commitment to operational efficiency and environmental stewardship. The Murrawombie project is set to significantly contribute to the company’s production goals for FY26.

Executive insights on Murrawombie project


The Murrawombie open pit is an integral part of Aeris' Tritton Operations. It has a Probable Reserve of 1.34 million tonnes with 1.3% copper and 0.2 grams per tonne of gold. The project will be executed in two stages: Stage 1 includes limited stripping to access remaining ore. Stage 2 involves major stripping and ore mining. The mining contract is set for a 14-month period. Mackellar Group has been chosen as the open pit mining contractor. Mobilization of equipment and personnel is underway. Non-acid forming waste material from stripping will be used to cap the old Murrawombie heap leach pads, minimizing future rehabilitation costs. This strategy not only optimizes environmental management but also provides financial savings in mine closure activities.

AERIS RESOURCES LIMITED
AIS | ASX | Materials
0.170(+0%)
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