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AIC Mines FY25 Production Guidance Achieved at Eloise Copper Mine

AIC Mines (ASX:  A1M)

Advised that the Eloise Copper Mine has exceeded its FY25 Production Guidance of 12,500t of copper and 5,000oz of gold in concentrate.

AIC was targeting full year FY25 production from Eloise of approximately
12,500t Cu and 5,000oz Au in concentrate at an AISC of approximately A$5.25/lb
Cu and AIC of A$5.50/lb Cu. Continue reading

Barton Gold Grows Resources at Central Gawler Mill

Barton Gold (ASX: BGD)

Announced an updated MRE for its South Australian Challenger Gold Project.

The updated Challenger MRE has identified several potential sources of economically viable gold mineralisation adjacent to the Central Gawler Mill for use as lower-cost and lower-risk ‘Stage 1’ mill feed. Continue reading

West Red Lake Gold Provides Madsen Mine Operations Update

West Red Lake Gold Mines (TSX.V: WRLG) 

Updated on ramp-up operations at the Madsen Mine in Red Lake, Ontario.

Following the fatal incident at site on the morning of June 16th, the mine and mill were both shut down. The mill restarted after approximately 40 hours. The mine restarted 12 hours after the mill, ramping up within to full operations based on personnel availability and within a safety-first structure. Continue reading

AIC Mines Announce High-grade depth extension at Jericho

AIC Mines (ASX: A1M)

Announced new drilling results from resource definition and extension drilling at the
Jericho copper deposit located in North Queensland.

Step-out drilling at the Billabong shoot, 380 metres down-plunge of the nearest
drillhole, returned a high-grade intercept, 5.5m (4.1m ETW) grading 2.4% Cu from 696m. Continue reading

City Investors Circle Initiating Coverage of AIC Mines

AIC Mines (ASX: A1M)

We are initiating coverage of AIC Mines, a copper and gold production, exploration, and development company located in Queensland, Australia.

AIC’s Chairman is Josef El-Raghy, well known to UK investors for his stewardship of Centamin Egypt from exploration to production, to finally being acquired during some challenging times in the markets and politically in Egypt. Continue reading