Regulatory Approval Advances Constellation Toward Near-Term Production
Aeris Resources Limited (ASX: AIS) has secured formal development approval from the New South Wales Department of Planning, Housing and Infrastructure for its Constellation Project, representing a significant step forward in advancing the asset toward production. The approval meaningfully reduces regulatory uncertainty and clears a key hurdle required to progress construction and operational planning. Constellation is situated in the Cobar Basin of New South Wales, around 45 kilometres north-east of the Tritton Processing Plant, providing logistical advantages and alignment with Aeris’ existing infrastructure.
The project hosts an open pit Probable Ore Reserve of 2.3 million tonnes grading 2.0 per cent copper, with associated gold and silver credits, equating to approximately 47 thousand tonnes of contained copper. Beyond the reserve, the total Mineral Resource stands at 7.6 million tonnes at comparable copper grades, highlighting scope for mine life extension and future growth. Management indicated that the receipt of development consent, together with the recently defined ore reserve, positions Constellation as a strategically important feed source for Tritton, supporting near-term production stability and long-term value generation.
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
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Regulatory Approval Advances Constellation Toward Near-Term Production
Aeris Resources Limited (ASX: AIS) has secured formal development approval from the New South Wales Department of Planning, Housing and Infrastructure for its Constellation Project, representing a significant step forward in advancing the asset toward production. The approval meaningfully reduces regulatory uncertainty and clears a key hurdle required to progress construction and operational planning. Constellation is situated in the Cobar Basin of New South Wales, around 45 kilometres north-east of the Tritton Processing Plant, providing logistical advantages and alignment with Aeris’ existing infrastructure.
The project hosts an open pit Probable Ore Reserve of 2.3 million tonnes grading 2.0 per cent copper, with associated gold and silver credits, equating to approximately 47 thousand tonnes of contained copper. Beyond the reserve, the total Mineral Resource stands at 7.6 million tonnes at comparable copper grades, highlighting scope for mine life extension and future growth. Management indicated that the receipt of development consent, together with the recently defined ore reserve, positions Constellation as a strategically important feed source for Tritton, supporting near-term production stability and long-term value generation.
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