QUARTERLY ACTIVITIES REPORT - MARCH 2025
Summary
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Aeris Resources has shown strong performance with increased group copper equivalent production, improved cash flow from operations, and updated Mineral Resource Estimates. Safety remains a priority with no lost time injuries recorded. Tritton production improved, and Cracow delivered cash flows above budget. Constellation's Mineral Resource Estimate increased significantly.
Operating costs were well managed, with AISC improving to A$4.91/lb Cu eq. In North Queensland, final stockpiles were processed, and Mt Colin operations moved to care and maintenance. Jaguar Operations are in care and maintenance, with restart studies progressing. Stockman Project is undergoing detailed metallurgical test work.
Cash and receivables stand at $33.6 million, with useable cash at $22.4 million. Debt position remained stable, and refinancing facilities are in progress. The Company is focused on growth projects, exploration, and strategic opportunities. Investors are encouraged to use the investor hub for more information or to contact our management team with any queries.
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