Aeris Resources Updates Mineral and Ore Reserves
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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.

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