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Aeris Resources Limited (ASX: AIS), announced a material increase in the Mineral Resource estimate (MRE) for its Constellation deposit within the Tritton tenement in New South Wales. The updated MRE now stands at 7.6 million tonnes, grading 2.01% copper, 0.66g/t gold, and 2.5g/t silver, containing 153 thousand tonnes of copper, 161 thousand ounces of gold, and 608 thousand ounces of silver. This represents a 24% increase in contained copper and a 29% rise in contained gold compared to the previous MRE.
The Indicated Resource has grown significantly to 5.3 million tonnes at 1.75% copper, supporting the potential for conversion to a Probable Ore Reserve. Aeris' Executive Chairman, Andre Labuschagne, emphasized the strong foundation for the project’s feasibility study and future mine planning. The deposit remains open at depth, highlighting further growth potential and enhancing Tritton’s operational outlook.
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