A Aic Mines Limited

$100 Million Plan To Boost Copper Output In North Queensland Major Upgrade At Eloise Mine Aic Mines Is Investing Around $100 Million Into Expanding The Eloise Copper Mine, Located South-East Of Mount Isa In North Queensland. The Project Aims To Modernise The Older Underground Operation And Bring New Life To The Site. Jericho Deposit Set To Drive Growth A Key Part Of The Plan Is The Development Of The Nearby Jericho Deposit. Once Opened, Jericho Is Expected To Send About 600,000 Tonnes Of Ore Each Year Into Eloise’S Processing Plant. Bigger Plant, Bigger Production To Handle The Extra Ore, Aic Mines Is Expanding The Processing Plant To 1.1 Million Tonnes A Year. Together, The Eloise And Jericho Operations Could Produce Around 20,000 Tonnes Of Copper Annually, Creating A New Copper Hub In The Mount Isa Region. A Potential Boost For Queensland’S Copper Belt With Global Demand For Copper Growing, The Combined Project Could Become A Significant Contributor To The State’S Critical Minerals Industry. Whether This $100 Million Move Sparks Queensland’S Next Copper Boom Remains To Be Seen, But It Marks A Major Step For Aic Mines And The Region’S Mining Future.

Aic Mines Reports Strong Q2 2023 Results And Advances Exploration Projects

Comet Vale Gold Project Scales Up In Western Australia The Comet Vale Gold Project In Western Australia, Once A Quiet And Largely Forgotten Mine, Is Back In Focus As Drilling Activity Ramps Up Across The Site. What Was Previously A Small Resource Has Now Grown Significantly Following A Year Of Sustained Exploration. Major Resource Increase Confirmed Gorilla Gold Has Announced That The Gold Resource At Comet Vale Has Increased Almost Nine-Fold. The Update Adds Approximately 765,000 Ounces Of Gold, Marking One Of The Company’S Most Significant Milestones To Date. The Growth Comes After An Intensive Drilling Campaign That Expanded Known Mineralisation And Improved Confidence Across Multiple Areas Of The Project. Timing Aligns With Strong Gold Prices The Upgrade Arrives At A Favourable Time, With Gold Prices Sitting Above $6,000 An Ounce In Australia. Higher Prices Improve The Potential Economics Of Gold Projects And Can Increase Investor Interest In Juniors That Successfully Grow Their Resource Base. What Comes Next For Comet Vale? With Drilling Ongoing And Early Development Studies Underway, Attention Now Turns To How Large Comet Vale Could Ultimately Become. While Further Work Is Needed, The Latest Results Suggest The Project Has Moved Beyond Early Exploration And Into A New Phase Of Growth.

New Member Introduction – Happy To Join The Community

Australia Fast-Tracks Major Niobium Discovery One Of The World’S Most Significant Niobium Discoveries Is Now Being Pushed Forward In Remote Western Australia, After The Federal Government Granted Major Project Status To Wa1 Resources’ Luni Project. Located In The West Arunta Region, The Project Contains Over 200 Million Tonnes Of High-Grade Niobium- And Phosphorus-Rich Material — Described By Wa1 As The Biggest Niobium Discovery In 70 Years. Why Niobium Matters Niobium Is A Strategic Critical Mineral Used To Strengthen High-Performance Steel, Particularly In Pipelines, Automotive Components And Major Construction. It Is Also Essential In Jet Engine Superalloys, Superconducting Magnets, Electronics, And Other Advanced Technologies. The Scale Of Luni Gives Australia A Rare Opportunity To Expand Its Role In The Global Supply Of This Specialised Metal, Which Is Currently Dominated By Brazil. A Key Step In Strengthening Supply Chains The Major Project Status Designation Signals Canberra’S View Of Luni As A Development With National Economic And Strategic Importance. Wa1 Says The Recognition Highlights Luni’S Potential To Support Regional Jobs, Bolster Sovereign Capability, And Contribute To Australia’S Growing Critical-Minerals Export Sector. As Studies Progress, Luni Is Shaping Up As One Of The Country’S Most Important New Mineral Projects — And A Rare Moment Of Global Significance For The Niobium Industry.

$210 Million Deal Revives Major Copper–Gold Project In South Australia A Major Funding Agreement Is Breathing New Life Into One Of South Australia’S Most Significant Undeveloped Mineral Deposits. Kalkaroo, Located About 400 Kilometres North Of Adelaide, Holds One Of Australia’S Largest Copper–Gold Resources And Has Been In The Planning Stages For Years Without Moving Into Full Development. Havilah’S Long-Standing Project Gains Momentum Owned By Havilah Resources, The Kalkaroo Project Has Remained Idle As The Company Sought The Right Partner To Progress The Orebody Toward Production. Despite Its Size And Potential, The Project Has Not Advanced To Mine Construction, And The Remote Landscape Shows No Surface Infrastructure Or Open-Pit Activity. Sandfire Commits Up To $210 Million A New Agreement With Sandfire Resources Is Now Set To Accelerate The Next Phase. Sandfire Has Committed Up To $210 Million Under An Earn-In Structure, Including Funding For Fresh Drilling Aimed At Upgrading And Expanding The Resource Base. The Plan Includes A New Pre-Feasibility Study And Thousands Of Metres Of Drilling To Better Define The Deposit. Could Kalkaroo Finally Become A Mine? The Substantial Investment Marks The Most Serious Step Toward Development The Project Has Seen In Years. If The Drilling Program Confirms Its Potential And The Study Demonstrates Economic Viability, Kalkaroo Could Progress Toward Becoming One Of The Next Major Copper–Gold Mines In The Region. Industry Observers Say The Deal Signals Growing Confidence In South Australia’S Copper Future, Especially As Demand For Copper Continues To Rise Globally.