• Group copper equivalent production of 10.3kt at AISC of A$4.64/lb
• Cash and receivables of $46.4 million at quarter end
• Solid production from Tritton and Cracow operations, costs well managed

Aeris Resources Ltd reported its Q1 FY26 results, with group copper equivalent production of 10.3kt at AISC of A$4.64/lb. The company ended the quarter with $46.4 million in cash and receivables, and saw solid operational performance across its Tritton and Cracow assets. At Tritton, the company produced 6.1kt of copper, in line with the previous quarter, with costs well managed. At Cracow, the company produced 8.9koz of gold, also in line with plan, with costs well controlled. The company continued to progress development activities at its Constellation project, with work on open pit and underground mine design, metallurgical test work, and permitting activities. Exploration efforts at Tritton's Avoca Tank deposit returned promising results, intersecting sulphide mineralisation 400m down plunge of the current Mineral Resource. At Cracow, the company developed an internal grade model for the Golden Plateau deposit to assist with the next phase of exploration. The company also completed a regional airborne magnetic and radiometric survey over its Cracow tenement package. Elsewhere, the North Queensland and Jaguar operations remained on care and maintenance, while the company continued to advance options for the Stockman project in Victoria.

FY26 guidance: Copper production of 24-29kt, gold production of 44-56koz, silver production of 240-293koz, and copper equivalent production of 40-49kt. AISC of A$4.64/lb Cu eq.