AIC Mines Bolsters Growth Outlook with High-Grade Copper and Gold Drilling at Jericho Deposit

Tuesday, July 8, 2025
at
8:23 am
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AIC Mines Limited reports promising high-grade copper and gold intercepts at its Jericho Copper Deposit in North Queensland. The strong results near existing infrastructure support the company’s growth strategy, enhancing prospects for future resource expansion.

AIC Mines Limited has released encouraging drilling results at its Jericho copper deposit in North Queensland. The resource definition and extension drilling programs have returned numerous high-grade intercepts in both the J1 and J2 lenses. Notable results from the northern sector include intercepts such as a 7.0‐metre section grading approximately 2.4% copper with 0.4g/t gold and a 7.2‐metre intercept grading nearly 2.8% copper with 0.5g/t gold. These intercepts, along with additional significant results from the Tucker shoot in the J2 Lens, confirm an extensive and continuous zone of high-grade mineralisation adjacent to the planned Jericho Link Drive. The drilling has intercepted mineralisation open along strike and down plunge, reinforcing prospects for early ore development given its proximity to the existing Eloise copper mine and processing facility. The technical details underline the strength of these findings, with estimated true widths carefully calculated and multiple intercepts showing strong copper, gold, and even silver grades. The drilling program, which has spanned multiple targets including the Jolly, Matilda North, and Tucker shoots, also highlights future opportunities to extend the mineral resource base. For beginner traders, these results signal potential value, as increased ore body confidence and the spatial continuity of mineralisation could drive future production efficiencies and asset growth. While the high-grade intercepts and resource extensions suggest a bullish outlook for increased operational performance, uncertainties remain related to commodity price fluctuations and the inherent risks of exploration projects, which may temper sentiment among more cautious investors.

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