AIC Mines reported a boost in the Jericho ore reserve, reaching 3.2Mt at 1.9% Cu and 0.4g/t Au, with 61,100 tonnes of copper and 37,000 ounces of gold—an 86% increase in both metals.

Jericho's mineralisation remains open along strike and at depth, with ongoing drilling expected to bolster reserves.

Future drilling, both underground and surface, aims to expand ore reserves.

Development and mining at Jericho are anticipated to transition Eloise into a more cost-efficient operation, boosting annual production to over 20,000t of copper and 10,000oz of gold in concentrate.