Aeris Resources Says Total Ore Reserves Rise to 10 Million Ounces at NSW Project

MT Newswires Live07-21

Aeris Resources (ASX:AIS) said total ore reserves at its Tritton Operations in New South Wales increased to 10 million tonnes at 1.7% copper, 0.38 grams per tonne grade of gold and 10 g/t silver, for contained metal of 180,000 tonnes of copper, 130,000 ounces of gold and 3.2 million ounces of silver, according to a Tuesday Australian bourse filing.

Total mineral resources increased to 33 million tonnes at 1.7% copper, 0.32 g/t gold and nine g/t silver, for contained metal of 540,000 tonnes of copper, 340,000 ounces of gold and 9.6 million ounces of silver, the filing added.

The updated estimates will inform a revised life-of-mine plan and production target for Tritton Operations, to be released in the first half of fiscal year 2027, it added.

The company's shares rose 1% in recent Tuesday trade.

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