AIC Mines reveals major exploration updates

AIC Mines (ASX:A1M) has announced substantial findings from its recent drilling at the Jericho and Sandy Creek Projects in North Queensland. The results highlight extended mineralization and high-grade copper and gold deposits, crucial for resource upgrades and future mining strategies near the Eloise Copper Mine.

Comprehensive drilling achievements and future plans

AIC Mines Limited has reported significant results from its drilling activities at Jericho and Sandy Creek Projects. The Jericho Project's infill and step-out drilling confirmed substantial copper and gold grades, potentially leading to an increased Ore Reserve estimate by April 2025. Similarly, Sandy Creek's drilling extended mineralization, indicating further exploration potential. These findings strengthen AIC Mines' strategy to grow its copper and gold assets portfolio. The company is committed to sustainable practices and maintains compliance with regulatory standards, aiming to enhance shareholder value through strategic exploration and development initiatives.

Executive insights on drilling outcomes

The recent drilling results provide further confidence in the mineralization, supporting the commencement of mining at the Jericho deposit. Exploration and development efforts are aligned with AIC Mines’ strategy to expand its copper and gold asset portfolio.