AIS 2.27% 22.5¢ aeris resources limited

Ann: HIGH-GRADE GOLD INTERSECTIONS AT GOLDEN PLATEAU, page-3

  1. 5,130 Posts.
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    Aeris have had the funds and committed significant dollars to exploration in the past 12 months at Cracow, & ongoing this year and forwards.
    Cracow is very profitable and the profits from Cracow have been funding exploration and further development there and at Tritton.

    By 2030 I have believed— Cracow can be a much more significant gold mining operation.

    The exploration spend was not occurring and prices were low through years of mining in the past , and then Cracow was being mined without any growth of the resource or development up to the sale by Evolution to Aeris.

    *It certainly has always been understood that there is likely much greater gold here and in satellite lodes & deposits surrounding Cracow.

    A growing story indeed for AIS (Cracow) and will continue to fund a lot of other development at Tritton , & in WA now, and Cloncurry.
    I believe Mt Colin will also be extended
    Aeris hold significant exploration land in the Cloncurry region -land which is now highly sought including by overseas companies and majors.
    The area holds great potential for more discovery- also long believed, but not much exploration spending was occurring until very recently too. Aeris may work in combination with other exploration companies in the area also.
    Barbara also can be developed as an underground mine in NQ.

    Aeris - is going to be a much bigger company in the years ahead.


    Last edited by Aqua65: 02/06/22
 
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