AIC Mines: Applies for new tenements in NSW

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

AIC Mines Applies for new tenements in NSW

  • AIC Mines (A1M) has applied for two exploration licences which cover a combined area of 4280 square kilometres in western NSW
  • The licences are prospective for base and precious metals and have been dubbed the Delamerian project to reflect their location within the Delamerian Orogen
  • Managing Director Aaron Colleran says the project is a “valuable addition” as AICMines expands its exploration portfolio
  • AIC will now compile and interpret data to gain a better understanding of the project’s potential
  • Company shares ended the day up 3.02 per cent at 61 cents each
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