Ann: Trading Halt, page-111

Rising stars
Rebirth

Aeris (ASX: AIS) was once a copper star when trading as Straits Resources and working the Tritton mine in central NSW.
Older investors might remember, longingly, when Straits was a $5 stock in 2011, which was the last time copper traded as high as $US4.50/lb, before a long slide down to $US2/lb – a drop which was instrumental in Straits falling to around $0.50, and then all the way to $0.03 at this time last year.
Reborn as Aeris the key asset remains Tritton which is generating handy profits, but which is also at the centre of an exploration program.
The program is starting to reveal highly encouraging signs of bigger and better nearby copper deposits.
The discovery of the Constellation structure just before Christmas last year put a spring in the Aeris’ share price which last week hit a 12-month high of $0.21.
Apart from high grades, such as 38m assaying 3.72% copper reported last week, Constellation is shallow (starting at 8m) and only 40km from the Tritton processing plant.