AIC Mines disclosed an update on the Eloise Copper Mine in North Queensland. Recent drilling on the 1070 Level, just 115m below the surface, revealed results, including an 18.5m section with 3.2% copper and 0.7g/t gold.

The findings are expected to boost primary ore production over the next six to 18 months, enhancing cash flow and operational flexibility.

Exploration efforts continue to integrate these resources into FY25 projections.