Aeris Resources prepares to drill within the week at Torrens
Drilling of the first hole is expected to commence within the next week.
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 extends geological corridor at Tritton with new exploration tenement
The new acreage is interpreted to host an extension of the Budgery Sandstone.
Argonaut Resources’ Torrens JV to drill IOCG project after BHP identifies major system
The Torrens JV is keen to get cracking after resolving legislative issues.
Argonaut Resources and JV partner to drill Torrens project in South Australia
An innovative helicopter-supported drilling program will be utilised to minimise disturbance on salt lake.
Aeris Resources to adopt innovative helicopter method in upcoming Torrens drilling
The company aims to minimise disturbance on an environmentally sensitive salt lake landform.
Aeris Resources completes retail entitlement offer to raise a total of $35.1 million
The company is accelerating its exploration programs at 100%-owned Tritton Copper Operations.
Investments and investor services
Brisbane Resources Round-up will showcase Australia’s resources sector
The annual convention is on next week at the Hilton Brisbane with 48 presentations and 70 exhibitors.
Aeris Resources has a new substantial shareholder in HSBC Holdings
The London-listed company has increased its interest to 6.36% after acquiring shares valued at more than $2.755 million.
Aeris Resources reduces debt by US$20 million
The company has reduced its debt by over US$100 million since the start of 2013.
Aeris Resources receives $28.4 million cash from capital raising
Funds were raised through the issue of shares priced at 20 cents each.
Aeris Resources secures $28.4 million funding with more to come
Funds will be used for debt repayment and the acceleration of exploration activities.
Aeris Resources raising $35.1 million to accelerate exploration at Tritton and Torrens
The company’s trading halt will continue, pending release of an announcement about the outcome of the institutional component of the entitlement offer.
Aeris Resources enters trading halt ahead of capital raising
Aeris finished FY2018 with total copper production of 26,686 tonnes from its Tritton Copper Operations in New South Wales.
Aeris Resources ready to drill massive Olympic Dam style target
This drilling program will be the first phase of a multi-phase 18-24 month program.
Argonaut Resources green lights major drilling program at Torrens
The project hosts a very large, Olympic Dam style iron-oxide, copper, gold (IOCG) target.
Aeris Resources director supports company’s copper strategy with on-market purchases
Mark Derwin has acquired 183,500 shares in two on-market trades for total consideration of almost $52,000.
S&P Global Market Intelligence highlights 83% reduction in major copper discoveries
The drop-off in discoveries of more than 500,000 tonnes was experienced despite a 114.5% increase in exploration expenditure between the two periods.
Aeris Resources marks June quarter as best in FY2018
The Tritton Copper Operations in New South Wales hosts multiple mines.
Aeris Resources identifies 28 anomalies at Torrens Copper-Gold Project
Modelling for Torrens indicates similar geophysical features to Olympic Dam, Prominent Hill, Carrapateena and Hillside.
Aeris Resources’ drilling expands potential for copper production at Tritton
High-grade copper mineralisation now extended over 500 metres down dip.