Our Projects
Our Projects – Operations Snapshot
North Queensland
Eloise Copper Mine
Tenement Holding
1,700km2
Status
OPERATING
Metals Produced
Mineral Resources
150,700t Cu @ 2.6%
125,900oz Au @ 0.7g/t
Ore Reserves
65,600t Cu @ 2.1% 57,700oz Au @ 0.6g/t
The Eloise copper mine is located in North Queensland, 60 kilometres SE of Cloncurry and 155 kilometres ESE of Mt Isa. The mine has an extensive production history. It was commissioned in 1996 and has since mined over 14.5Mt of ore grading 2.7% Cu and 0.8g/t Au to produce 376,000t Cu and 195,000oz Au in concentrate.
Current operations consist of an underground mine accessed via decline. The upper levels of the mine (above 1,190m below surface) are extracted by longhole open stoping and the lower levels are extracted by sublevel caving and longhole stoping.
North Queensland
Jericho Copper Project
Tenement Holding
1,700km2
Status
DEVELOPMENT
Metals Produced
Mineral Resources
444,900t Cu @ 2.0%
125,900oz Au @ 0.7g/t
Ore Reserves
125,400t Cu @ 1.8% 81,900oz Au @ 0.4g/t
The Jericho Copper Project is located in North Queensland, 4 kilometres south of the Eloise Copper Mine and 64 kilometres SE of Cloncurry. The project was acquired by AIC Mines in 2022 and shares the same iron-sulphide-copper-gold mineralisation style, geology and metallurgy as Eloise.
Underground development commenced in 2024, with the Jericho Access Drive reaching the J1 mineralised lens in February 2026 – four months ahead of schedule. The deposit will be mined by longhole open stoping and all ore will be processed through the Eloise processing facility, 4 kilometres to the north.