Company
Aeris Resources Ltd
ASX:AIS
Aeris Resources is a mid-tier base and precious metals producer. The company's copper dominant portfolio comprises two operating assets, a mine on care and maintenance, a long-life development project and a highly prospective exploration portfolio.
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Aeris Resources hands Golden Mile interest to Tombola Gold
"I would like to thank the team from Aeris Resources, which formerly held a partial ownership in the project, for their ease and assistance in finalising the transaction," Tombola Gold stated.
Aeris Resources updated resource for Turbo lens at Jaguar shows growth and lift to indicated status
“The updated mineral resource has materially increased the ore tonnes and metal content at the Turbo lens," executive chairman Andre Labuschagne said.
Aeris Resources encouraged by copper exploration progress by partner Helix at Canbelego JV
“The Canbelego Main Lode is an advanced exploration project where high-grade copper shoots have already been intersected and it is very exciting to now have two diamond drill rigs on hand to test the continuity over such a significant verti
Aeris Resources welcomes further strong results as Helix grows Canbelego JV copper potential
Results “included the highest-grade intercept to date in the upper 150 metres of the Main Lode, confirming the potential for high-grade copper mineralisation at shallower depths. This has motivated us to drill deep and test our ‘Cobar model
Aeris Resources grows Golden Plateau potential at Cracow with hits up to 8.9 metres at 16 g/t
A maiden mineral resource at the deposit is planned by the end of the year and there is strong potential to identify further mineralised structures.
Aeris Resources welcomes strong regional copper results from partner Helix Resources at Canbelego
The first drilling at the Caballero prospect in eight years has generated significant, open-ended zones of copper mineralisation and intense alteration at the project along the Rochford Trend in the Cobar Basin.
Aeris Resources lifts group mineral resource 148% to 51.9 million tonnes; ore reserve up 175% to 16.5 million tonnes
The new resources come mainly from the acquisition of Round Oak Minerals, which gave Aeris ownership of the Jaguar, North Queensland and Stockman projects in Queensland, adding to its existing NSW and Queensland operations.
Aeris Resources hits high-grade copper below Murrawombie resource at Tritton operations
“The mineralisation intersected down plunge from the Murrawombie deposit has the potential to significantly extend the life of the Murrawombie underground,” said executive chair Andre Labuschagne.
Aeris Resources welcomes further copper results from Helix at Canbelego JV
"These latest results, which combined assays, observed copper-sulphides and downhole geophysics, are encouraging and support our interpretation that the copper mineralisation has potential to extend well beyond the current outline of the 20
Aeris Resources releases 2023 financial year guidance, focusing on growth capital and exploration
“Compared to the Aeris of FY22 we now have a better-balanced business with a larger production base spread across four attractive commodities from four operating centres," said executive chairman Andre Labuschagne.
Aeris Resources trebles gold and silver resource inventory at Constellation
The additional drilling completed since the December 2021 mineral resource and updated geological interpretation have led to a material increase in the total reportable mineral resource figures.
Aeris Resources fields high-grade copper-zinc hits at Jaguar in WA
Multiple sulphide lenses remain open down plunge and along strike and have the potential to extend the mineral resource at Bentley deposit.
Aeris Resources jumps on recording high-grade gold at Golden Plateau during resource definition drilling
“Our confidence in the prospectivity of Golden Plateau continues to grow, including the potential to discover new lodes," executive chairman Andre Labuschagne said.
Aeris Resources meets Tritton copper guidance through 'quality over quantity' strategy
"Despite a challenging operating environment, including COVID impacts, a tight labour market and inflation-related price increases, there were numerous significant achievements for Aeris in FY22,” said chairman Andre Labuschagne.
Aeris Resources welcomes progress by partner Helix Resources at Canbelego copper JV
A new 5,000-metre reverse circulation drilling program is underway with visual copper mineralisation intersected in the first two drill holes testing new lode positions.
Aeris Resources' shareholders "overwhelmingly" support Round Oak acquisition
“Today’s strong support from our shareholders is a resounding endorsement of not only the Round Oak acquisition but also our clear strategy to grow Aeris into a mid-tier miner with long-life assets,” said chairman Andre Labuschagne.
Aeris Resources raises around $25.6 million on completing retail entitlement offer
The company will issue 247.4 million new shares at $0.105 each under the retail entitlement offer, to raise approximately $25.6 million.
Aeris Resources JV partner Helix identifies extension to high-grade copper shoot at Canbelego
The Canbelego JV Project has strong potential to add to Aeris’ copper bounty in the mineral-rich Cobar Basin of western NSW.
Aeris Resources raises $74 million to fund Round Oak acquisition
Retail investors also have the opportunity to participate in a fully underwritten raise at the same offer price and offer ratio as under the institutional entitlement offer.
Aeris Resources in "transformational" agreement to acquire Round Oak Minerals and its base metal operations
"The Round Oak asset portfolio is an excellent fit with Aeris’ stated strategy to acquire advanced copper, base metals and gold assets in Australia that are strongly cash flow generative with attractive exploration upside," says chair Andre
Aeris Resources hits high-grade gold up to 4 metres at 19.4 g/t across Cracow's Golden Plateau
“High-grade intersections have been recorded across a majority of the Golden Plateau mineralised system and we are targeting a maiden mineral resource in Q1 FY23," says executive chair Andre Labuschagne.
Aeris Resources unearths massive sulphide in first resource definition hole at Kurrajong
“We believe Kurrajong has the potential to be another high-grade copper mine to feed our Tritton processing facility,” says chairman Andre Labuschagne.
Aeris Resources reaffirms copper production guidance at Tritton
“With higher grade ore sources coming online, including Budgerygar and Avoca Tank, copper production is targeted to increase to over 30,000 tonnes per annum in FY25,” says executive chair.
Aeris Resources' exploration partner confirms new copper lodes at Canbelego
“We are highly encouraged by the assays returned from the recent shallow RC drill program testing the new lode positions identified west of the Canbelego Main Lode, where we have previously reported wide high-grade copper hits.”, says explo
Aeris Resources drilling eyes copper resource extension at Avoca Tank with production due to commence in FY23
Copper mineralisation at the Avoca Tank deposit has now been traced 75 metres down plunge from the current resource base (total down plunge length 420 metres).
Aeris Resources hedges Cracow gold production to 70% for 2022
“Over the next 18 months we are committing significant funds to mine life extension and exploration projects at both Tritton and Cracow as we secure the long-term future of Aeris,” executive chairman Andre Labuschagne said.
Aeris Resources continues to return solid copper and gold grades from Constellation drilling
“Constellation continues to deliver above expectations and is shaping up to be a future baseload ore source for the Tritton Processing Plant as we target extending the Tritton Copper Operations beyond the end of the decade,” says MD.
Aeris Resources welcomes new copper sulphide zones emerging at Canbelego joint venture
Partner Helix Resources has identified two new parallel potential lode positions to the west of the Canbelego Main Lode mineral resource in the copper-rich Cobar Basin.
Aeris Resources delivers strong exploration advancements at Cracow Goldfields
"What is particularly exciting are the results from the recent MT geophysical survey, which has identified favourable structural corridors under cover and to the south of the Western Vein Field, opening potential for a new Southern Vein gol
Aeris Resources encouraged by Helix Resources' latest copper find at Canbelego in western NSW
Adding to the discovery of a big copper lode in the area in May last year, AIS' partner on the Canbelego Project has again struck visible copper sulphide mineralisation.
Aeris Resources unveils maiden Constellation resource of 3.3 million tonnes at 1.4% copper
The maiden mineral resource and exploration target confirm Aeris' long-held view that Constellation is a significant copper deposit and will play an important role in extending the life of the Tritton Copper Operation.
Aeris Resources lifts Budgerygar deposit copper resource by 15% to 39,000 tonnes
The Budgerygar deposit is one of three new ore sources being developed at the Tritton Copper Operations in NSW in the 2022 financial year.
Aeris Resources enters unsecured $A gold hedges with ANZ Bank
In FY22 Aeris forecasts to produce between 21,000 and 22,000 tonnes of copper from its Tritton Copper Operations in NSW and between 67,000 and 71,000 ounces of gold from its Cracow Gold Operation in Queensland.
Aeris Resources returns more high-grade copper assays, boosting view of Constellation as significant deposit
“These latest drilling results, including extending mineralisation a further 150 metres down plunge, continues to underpin our view that Constellation is a significant copper deposit,” says chairman.
Aeris Resources well-funded to advance Australian copper and gold assets
The company has a growing portfolio of copper and gold operations, development projects and exploration prospects within Australia.
Aeris Resources new exploration tenement has potential to enhance copper bounty at Tritton operations
The acquisition of this additional exploration tenement is consistent with the company’s philosophy of exploring in “new space”, via the use of new technology.
Aeris Resources continues to grow Constellation satellite deposit with more high-grade copper results
“The deposit is now clearly evolving into zones of oxide, supergene and primary (sulphide) copper mineralisation, and within each of these zones there are areas with high copper and/or gold enrichment," says chairman.
Aeris Resources buoyed as further copper mineralisation is confirmed at Canbelego JV
To date, the JV has drilled five diamond drill holes for nearly 2,000 metres, since restarting exploration drilling around and beneath the Canbelego mineral resource in April 2021 after an eight-year exploration hiatus.
Aeris Resources' Constellation deposit continues to exceed expectations with new results up to 18.4 metres at 9.4% copper
Two diamond drill rigs remain onsite and diamond drilling is expected to continue for the remainder of 2021.
Aeris Resources welcomes Canbelego JV results that confirm potential to host economic copper sulphide quantities
The Canbelego Project in the Cobar Copper Basin is a joint venture between Aeris (30%) and Helix Resources (70%).
Aeris Resources’ latest results at Constellation Deposit at Tritton tenement show “very high copper grades”
The combined RC and diamond tails drilling has also extended the strike length of sulphide mineralisation out to 300 metres
Aeris Resources unveils plans to develop new production source at Tritton and extend life-of-mine at Cracow
Aeris is confident the highly-endowed Tritton tenement package has more copper awaiting discovery and is convinced the Cracow tenement remains highly prospective for more gold.
Aeris Resources delivers on copper and gold production guidance, gold costs beat guidance
The company is targeting gold production at the Cracow Gold Operation of between 67,000 ounces and 71,000 ounces in FY2022.
Aeris Resources is debt-free after repaying final US$20 million of senior debt facility
Aeris has also entered into arrangements for ANZ Bank to become its senior banker with ANZ to provide a A$35 million Contingent Instrument Facility, a A$20 million Working Capital Facility and unsecured hedging lines for gold and FX.
Aeris Resources welcomes further copper results from Canbelego JV
The company’s partner Helix Resources has extended the envelope of copper sulphide mineralisation down-dip and along strike at the Canbelego JV project in central NSW.
Aeris Resources concludes “transformational year”, meeting gold and copper production guidance
The explorer produced more than 73,000 gold ounces and nearly 23,000 tonnes of copper over the 2021 financial year, with both metrics landing at the higher end of previous guidance.
Aeris Resources takes advantage of strong copper market through zero net premium option collars
Aeris has locked in the present high copper price through zero net premium option collars where the company buys puts and sells call options.
Aeris Resources' Constellation deposit shines brighter with new copper results up to 13 metres at 8.64%
The company has a growing portfolio of copper and gold operations, development projects and exploration prospects with a clear vision to become a mid-tier mining company.
Aeris Resources welcomes high grade assays from Canbelego Copper Joint Venture project
The assay results from the four diamond drill holes demonstrate the high-grade potential within the overall broader Canbelego copper lode structures.
Aeris Resources raises fresh capital to support gold and copper exploration in FY22
Ahead of the new financial year, Aeris has strengthened its bank balance and detailed its exploration strategy as it works towards becoming the ASX’s next mid-tier miner.
Aeris Resources continues to see Constellation upside and deleverages ahead of schedule
Diamond drilling continues to expand the strike and depth of the satellite copper deposit, with the company confident this increases the potential of a large discovery at Constellation.
Aeris Resources unveils assays up to 47 metres at 3.9% copper at Constellation, shares hit eight-year high
The latest batch of copper results from a lucrative deposit within Aeris’ Tritton tenements have piqued investor interest, helping the stock’s share price reach new heights.
Aeris Resources’ Constellation deposit continues to shine with new thick sulphide intersections
Aeris has now traced mineralisation 850 metres down plunge which remains open down plunge and along strike.
Aeris Resources leveraged to strong copper results from Canbelego JV near Tritton operations
The second diamond drill hole of the 2021 program has intersected 29.5 metres of copper sulphide mineralisation at the project and has extended copper mineralisation a further 80 metres.
Aeris Resources achieves double whammy - Klondyke-Royal resource increases at Cracow Gold Operations while Constellation deposit at Tritton Copper Project grows
The company has increased the Klondyke and Royal gold deposit resource estimate by 324% and continues to receive strong copper results in ongoing drilling at Constellation deposit.
Aeris Resources JV partner commences drilling at Canbelego Copper Project
Helix’s exploration base will transfer from Perth, Western Australia, to Orange to be closer to its core projects in central NSW, with geologists and field crew now on-site at Canbelego.
Aeris Resources further reduces debt with third quarterly instalment of $7.5 million paid early
Aeris continues to enhance the copper potential of Constellation discovery within its 100%-owned Tritton tenement package in western NSW with high-grade copper results from six holes of an 11-hole drilling program.
Aeris Resources non-executive directors demonstrate faith in copper-gold strategy with on-market purchases
The company's recent assay results support previously reported high-grade copper assays and indicate the mineralisation remains open down plunge and along strike.
Aeris Resources' Constellation copper deposit continues to grow off the back of strong drilling results
The new assay results support previously reported high-grade copper assays and indicate the mineralisation remains open down plunge and along strike.
Aeris Resources higher as net profit surges 260% to $45.9 million following Cracow buy and Constellation deposit discovery
Since the start of July 2020, the company has completed the acquisition of Cracow, discovered the Constellation deposit and significantly improved its balance sheet.
Aeris Resources secures additional copper hedges with Macquarie Bank for Tritton Operations
After encouraging assays received from Constellation deposit, the company is working on the next phase drill program which aims to better define the boundaries of the satellite deposit.
Aeris Resources on steady copper-gold growth pathway at Tritton and Cracow operations
The company plans to aggressively explore near-mine underground targets, potential open pits and greenfields exploration at its Cracow Gold Operations.
Aeris Resources positions itself for growth following a strong December quarter
During the quarter, the company released an updated mineral resource for its Cracow Gold operations in Queensland.
Aeris Resources subsidiary increases substantial holding in GBM Resources
Straits Mineral Investment has acquired a further 7,407,407 shares, taking its total holding to 29,629,630 shares.
Aeris Resources intersects more high-grade copper at Constellation deposit
After encouraging assays, the company is working on the next phase drill program which aims to better define the boundaries of the deposit.
Aeris Resources becomes new substantial holder of GBM Resources with 5.22% stake
The equity position in GBM follows the sale by Aeris of the Yandan Gold Exploration Project.
Aeris Resources completes sale of Yandan Gold Project to GBM Resources for $3 million in shares and NSR
Aeris will receive $3 million in GBM shares and a 1.5% NSR on the first 300,000 ounces of gold equivalent mined from the Yandan tenements.