AIC Mines Limited (ASX:A1M)
AIC Mines (ASX:A1M) principal asset is the Marymia exploration project in Western Australia, strategically located within trucking distance of the Plutonic Gold Mine and the Degrussa Copper Mine.
AIC Mines was established through the merger between Intrepid Mines and AIC Resources in April 2019, with the company name subsequently changed to AIC Mines (from Intrepid Mines) and the ASX ticker to A1M (from IAU). AIC Mines has the management and operational skills, together with the balance sheet strength, to pursue acquisitions whilst maintaining exploration momentum at Marymia.
AIC Mines intends to operate a portfolio of producing gold and/or copper assets within Australia. The diverse production base is expected to deliver reliable production for the Company.