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AIC Mines Limited (ASX:A1M)

ALERT: Price-sensitive ASX Announcement for A1M
Current share price for A1M : $0.750 -0.005 (-0.66%)+
Announcement
Release
6 Aug 2026 9:18AM
Price at Release
$0.755
Full Release
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Summary
AIC Mines Limited announced new drilling results from the Eloise Regional exploration at the Iris and Eloise South prospects. The drilling at the Iris prospect revealed copper and gold mineralization over a 1.5-kilometre strike length, with notable results including 1.8m grading 1.1% Cu and 0.2g/t Au from 317.2m. At the Eloise South prospect, high-grade gold was discovered, with significant intercepts such as 3.2m grading 92.5g/t Au from 446.4m. The mineralization at Iris occurs on the same splay of the Levuka Shear as the Jericho copper deposit and remains open along strike and at depth. Further drilling is planned for both prospects.
Key Points
  • Drilling at Iris prospect shows extensive copper and gold mineralization.
  • Significant intercepts at Iris include 1.8m grading 1.1% Cu and 0.2g/t Au.
  • High-grade gold found at Eloise South with 3.2m grading 92.5g/t Au.
  • Mineralization at Iris is similar to the Jericho copper deposit.
  • Further drilling planned at Iris and Eloise South.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.