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Aeris RESOURCES About Aeris Resources Quarterly Activities Report For the period ended 30 June 2021 Aeris Resources Limited ( ASX : AIS ) is a diversified mining and exploration company . The Company has a growing portfolio of copper and gold operations , development projects and exploration prospects . Aeris has a clear vision to become a mid - tier mining company with a focus on gold and base metals delivering shareholder value . Aeris ' Board and management team bring decades of corporate and technical expertise into a lean corporate structure . Its leadership has a shared , and highly disciplined focus on operational excellence , and an enduring commitment to building strong partnerships with the Company's workforces and key stakeholders . Headquartered in Brisbane , Aeris operates the Tritton Copper Operations ( Tritton ) in New South Wales , and the Cracow Gold Operations ( Cracow ) in Queensland . In FY2022 , Aeris is targeting copper production at Tritton of between 21,000 tonnes and 22,000 tonnes and gold production at Cracow of between 67,000 ounces and 71,000 ounces . Contacts : Andre Labuschagne Executive Chairman Suite 22 , Level 2 HQ South Tower 520 Wickham Street Fortitude Valley , Brisbane QLD 4006 T +61 7 3034 6200 info@aerisresources.com.au www.aerisresources.com.au JUNE QUARTER HIGHLIGHTS CRACOW GOLD OPERATIONS : June quarter production of 19,889 ounces at AISC of A $ 1,568 / oz FY21 production of 73,685 ounces at AISC of A $ 1,483 / oz – costs beat guidance and production within guidance Record monthly mill throughput achieved in May - 57,100 tonnes 324 % increase to Mineral Resource at Klondyke- Royal deposit TRITTON COPPER OPERATIONS : • June quarter production of 5,828 tonnes at AISC of A $ 4.68 / lb . FY21 production of 22,987 tonnes at AISC of A $ 3.70 / lb - both within guidance . Constellation deposit continues to grow CORPORATE : Cash and receivables of $ 105.9m at quarter end • Successfully completed a $ 50.4m equity placement in June • A $ 20.5m voluntary debt repayment in June . Remaining debt ( US $ 20m ) repaid in July • Contingent Instrument and Working Capital Facilities entered into with ANZ during July FY22 GUIDANCE : Cracow gold production of 67koz to 71koz at AISC between A $ 1,550 / oz and A $ 1,600oz Tritton copper production of 21kt to 22kt at AISC between A $ 3.95 / lb and A $ 4.30 / lb Aeris Resources Limited ABN 30 147 131 977 Level 2 , HQ South Tower , 520 Wickham Street , Fortitude Valley , Brisbane QLD 4006 Australia Post : Box 14 , 520 Wickham Street , Fortitude Valley , Brisbane , QLD 4006 Australia E : info@aerisresources.com.au T : +61 7 3034 6200 F : +61 7 3034 6290