Aeris Annual Report 2022
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JAGUAR ZINC/COPPER OPERATIONS<br />
Jaguar Operations is an established underground zinc, copper, gold<br />
and silver mining operation located 65km north of Leonora in the Eastern<br />
Goldfields region of Western Australia. It was acquired by <strong>Aeris</strong> Resources<br />
on 1 July <strong>2022</strong>.<br />
The Jaguar Operations tenement package spans<br />
a 410km 2 area and hosts multiple favourable<br />
stratigraphic horizons along a 50km corridor.<br />
Operations include an underground mine at<br />
the Bentley deposit utilising open stoping methods<br />
and a 600ktpa processing plant producing copper<br />
and zinc concentrates with precious metals<br />
by-products. Concentrates are trucked to Geralton<br />
for export to customers internationally.<br />
Since first production in 2010, Bentley Mine<br />
has mined more than 3.9Mt of ore, producing<br />
approximately 42.5kt of copper, 318.6kt of zinc,<br />
and 13.6Moz of silver (as at August 2021).<br />
DEVELOPMENT AND EXPLORATION PROJECTS<br />
Jaguar Operations has a long history of reserve<br />
replacement over its +10 year life. Exploration<br />
activities are currently focused on near-term mine life<br />
extension opportunities at the existing Bentley Mine.<br />
A maiden Mineral Resource was estimated for the<br />
Turbo lens at Bentley in 2021. The high-grade lens,<br />
which remains open at depth, is a key exploration<br />
target for <strong>Aeris</strong> and demonstrates the exploration<br />
potential at Jaguar. High-grade mineralisation has also<br />
been intersected at the newly discovered Java Deeps<br />
lens, which will be followed up with future drilling.<br />
AERIS ANNUAL REPORT <strong>2022</strong><br />
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