AIC Mines Reports Strong High-Grade Results from Jericho’s Jolly Shoot
AIC Mines Limited (ASX: A1M) has reported encouraging resource definition drilling results from the Jolly shoot within its Jericho copper deposit in northwest Queensland. Both surface and underground drilling programs intersected high-grade copper, gold, and silver mineralisation, reinforcing confidence in the quality and continuity of the orebody. Notable intercepts included copper equivalent grades of up to 8.0%, highlighting the strong potential of the deposit. The latest drilling confirmed that mineralisation extends along previously undrilled sections and continues to demonstrate excellent grade consistency. Results from underground drilling also exceeded expectations, particularly for gold and silver content. The Jolly shoot holds strategic importance as it is expected to be the first mining area developed at Jericho. Management noted that the deposit continues to outperform expectations in terms of scale, continuity, and grade. The successful drilling outcomes are expected to support the planned ramp-up of mining activities and contribute to the future expansion of production from the nearby Eloise operation.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
AIC Mines Reports Strong High-Grade Results from Jericho’s Jolly Shoot
AIC Mines Limited (ASX: A1M) has reported encouraging resource definition drilling results from the Jolly shoot within its Jericho copper deposit in northwest Queensland. Both surface and underground drilling programs intersected high-grade copper, gold, and silver mineralisation, reinforcing confidence in the quality and continuity of the orebody. Notable intercepts included copper equivalent grades of up to 8.0%, highlighting the strong potential of the deposit. The latest drilling confirmed that mineralisation extends along previously undrilled sections and continues to demonstrate excellent grade consistency. Results from underground drilling also exceeded expectations, particularly for gold and silver content. The Jolly shoot holds strategic importance as it is expected to be the first mining area developed at Jericho. Management noted that the deposit continues to outperform expectations in terms of scale, continuity, and grade. The successful drilling outcomes are expected to support the planned ramp-up of mining activities and contribute to the future expansion of production from the nearby Eloise operation.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au