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High-grade copper, gold, and silver confirmed at AIC Mines' Jolly shoot, boosting Jericho mine start-up plans.

Market News
17 Jun 2026
Proactive Investors - Finance
View Source
Bullish
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AIC Mines reported strong results from drilling at the Jolly shoot within the Jericho copper deposit in Queensland, confirming high-grade copper, gold, and silver mineralisation. This area is the first scheduled for mining at Jericho, which supports AIC's plan to increase production from its nearby Eloise operation. The drilling confirmed continuity and high grades, with some intervals exceeding 7% copper equivalent. Ongoing drilling and mine development are advancing Jericho towards production, aiming to raise copper output from 12,500 to 20,000 tonnes per year by integrating Jericho with Eloise's processing plant.

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