AIC Mines Limited announced that resource definition drilling in the Eloise Deeps has returned excellent results. Assay results have confirmed the down plunge continuity of the high-grade mineralisation up to 50m below the base of the Indicated Resource. A resource definition drilling program in the Deeps, consisting of 27 holes for a total of 5,318m is in progress, with all holes being collared at the base of the decline (-315m RL or 1,505mBSL).

The aim of the program is to increase the resource confidence of the Deeps mineralisation from inferred to indicated category, up to 100 vertical metres below the lower most mining level at the negative 305mRL. The program will be drilled in two phases, with Phase 1 drilled on 50m x 50m spacing and Phase 2 infilling to a 25m x 25m spacing. To date a total of 15 holes for 2,937m have been completed, including all Phase 1 holes.

Assay results have confirmed the down plunge continuity of the high grade mineralisation up to 50m below the base of the Indicated Resource. Significant intercepts include: Hole ED200 - 14.5m (14.5m ETW) grading 3.54% Cu and 0.9 g/t Au; Hole ED200 - 14.33m (13.9m ETW) grading 2.50% Cu and 0.4 g/t Au; Hole ED201 - 20.72m (19.7m ETW) grading 2.05% Cu; Hole ED201 - 21.40m (18.6m ETW) grading 3.24% Cu; Hole ED201 - 6.08m (5.3m ETW) grading 4.23% Cu; Hole ED202 - 10.51m (8.7m ETW) grading 2.16% Cu; Hole ED202 - 14.00m (11.9m ETW) grading 2.19% Cu; Hole ED202 - 2.65m (2.1m ETW) grading 4.68% Cu; Hole ED204 - 12.15m (11.4m ETW) grading 2.12% Cu; Hole ED205 - 10.25m (9.6m ETW) grading 5.73% Cu.