Aeris Capital Raising Details

Tritton Copper Operation Our cornerstone asset 100% owned, high grade underground copper mines located in central New South Wales - 430kt of copper produced since operations began in 2005 2,330km² tenement package with more than 900kt of copper discovered since modern exploration commenced in the 1980s Current resources of 24.8Mt @1.5% Cu, 0.3g/t Au, 3.8g/t Ag and Reserves of 4.0Mt @1.4% Cu, 0.2g/t Au, 5g/t Ag¹ Targeting production of 19kt - 24kt copper in FY24 - Expected improvement in FY24 driven by focus on higher grade deposits and mine optimisation under new leadership Recent commissioning of higher grade Budgerygar and Avoca Tank mines LEGEND Mineral Resource Prospective trend Volcanic complex Exploration tenement • Priority target Avoca Tank 0.7Mt at 3.4% Cu, 1.1g/t Au Coolabah Budgerygar 3.6Mt at 1.2% Cu, 0.1g/t Au Mitchell Highway Tritton 5.2Mt at 1.1% Cu, 0.1g/t Au Barrier Highway Tritton Processing Facility Hermidale Budgery 2.0Mt at 1.1% Cu, 0.1g/t Au 1. Refer to ASX announcements "Group Mineral Resource and Ore Reserve Statement" dated 18 Apr 2023 and "Avoca Tank Mineral Resource Update" dated 25 Oct 2023. VTEM We are Aeris Girilambone 0 Constellation 6.7Mt at 1.9% Cu, 0.6g/t Au Murrawombie 4.4Mt at 1.3% Cu, 0.3g/t Au Kurrajong 2.2Mt at 1.7% Cu N Nyngan 10km 17

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