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Aeris Resources Limited (ASX:AIS)

ALERT: Price-sensitive ASX Announcement for AIS
Current share price for AIS : $0.393 -0.143 (-26.64%)+
Announcement
Release
28 Oct 2025 10:08AM
Price at Release
$0.535
Full Release
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Summary
Aeris Resources Limited has announced a Maiden Open Pit Ore Reserve Estimate for their Constellation Project, located in central New South Wales. The reserve is entirely comprised of Indicated Mineral Resources, amounting to 2.3 million tonnes with grades of 2.0% copper, 0.6 g/t gold, and 3.0 g/t silver. The project leverages existing infrastructure from the Tritton Copper Operations and demonstrates high confidence in both geological and metallurgical continuity. The reserve is based on comprehensive studies, including geotechnical, metallurgical, and economic assessments, consistent with the standards of a Pre-Feasibility Study. The Constellation Project is expected to integrate seamlessly within the existing Tritton operational framework, significantly reducing development risks.
Key Points
  • Maiden Open Pit Ore Reserve Estimate for Constellation Project.
  • Reserve of 2.3 million tonnes at 2.0% copper, 0.6 g/t gold, and 3.0 g/t silver.
  • Project leverages existing Tritton Copper Operations infrastructure.
  • High confidence in geological and metallurgical continuity.
  • Based on detailed Pre-Feasibility Study assessments.
  • Integration within Tritton operational framework reduces development risks.
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.