Aeris Resources Updates Mineral and Ore Reserves

Aeris Resources Limited (AU:AIS) has released an update.

Aeris Resources Limited has reported a slight decrease in its Group Mineral Resource tonnage to 54.2 million tonnes, but with increases in contained copper and zinc metals, up 1% and 2% respectively. The company’s Group Ore Reserve tonnage saw a more significant decrease of 11% to 14 million tonnes, mainly due to mining depletion. The update, which includes new resources from the Jaguar Deposit, contributes to Aeris’s position as an established copper-gold producer and explorer in Australia.

For further insights into AU:AIS stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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