Company Overview - Callinex Mines Inc. has appointed Dr. Stephen Piercey, an experienced geologist with over 25 years in volcanogenic massive sulphide (VMS) deposits, to its technical team [2][3] - The company is advancing the Point Leamington Project, which is noted as one of the higher tonnage VMS deposits in the Newfoundland Appalachians [3][9] Key Appointments and Contributions - Dr. Piercey has already provided oversight on regional exploration opportunities and facilitated mineralogical testing to enhance the understanding of the Point Leamington deposit [3] - His expertise is expected to significantly bolster the company's focus in Newfoundland and contribute to the next stages of exploration and evaluation [3][7] Awards and Recognition - Dr. Piercey received the Duncan R. Derry Medal in 2023, the highest award from the Mineral Deposits Division of the Geological Association of Canada, recognizing his contributions to economic geology [4][5] - He has also been honored with multiple awards, including the W.W. Hutchinson Medal and the Geoscientist of the Year by the Canadian Institute of Mining, Metallurgy and Petroleum [5][6] Mineral Resource Estimates - The Point Leamington Deposit has a prepared pit constrained Indicated Mineral Resource of 5.0 million tonnes grading 2.5 g/t AuEq, totaling 402,000 ounces AuEq [9] - An Inferred Mineral Resource of 13.7 million tonnes grading 2.24 g/t AuEq is also reported, amounting to 986,500 ounces AuEq [9] - The Rainbow deposit at the Pine Bay Project has an indicated mineral resource of 3.44 million tonnes grading 3.59% CuEq, totaling 272.4 million pounds CuEq [9] Strategic Focus - Callinex Mines is focused on utilizing modern integrated exploration approaches to drive resource growth at the Point Leamington project [7] - The company is also permitting the Rainbow deposit, which is located near existing infrastructure in the Flin Flon Mining District [9]

FY25 Performance & FY26 Guidance - Aeris Resources' FY25 copper production was 24.9kt, gold production was 55.2koz, and silver production was 185.2koz [20] - FY25 copper equivalent production reached 42.1kt [20, 24] - The company's FY25 cash from operations was $138 million, with cash and receivables at $49.5 million [24] - FY26 copper equivalent production is guided between 40kt and 49kt [30] - FY26 copper production is projected to be between 24kt and 29kt, gold production between 44koz and 56koz, and silver production between 240koz and 293koz [31] Financial & Operational Strategy - The company plans to repay debt by August 2026 through asset sales and potentially hedging strategies [27] - Mine operating costs for FY26 are estimated between $302 million and $369 million, with sustaining capital between $57 million and $70 million [30] - Growth capital for FY26 is projected between $65 million and $80 million, and exploration expenses between $18 million and $23 million [30] - Tritton is targeting a 37% increase in copper production in FY26, with production guided between 24kt and 29kt [33, 61, 65] - Cracow's FY26 gold production is guided between 36koz and 46koz, a 9% decrease compared to the previous year [36, 82] Exploration & Development - The company is increasing its exploration spending in FY26, with a focus on resource extensions and greenfield exploration at Tritton and Cracow [39, 94] - Approximately 80,000 meters of underground diamond drilling is planned at Tritton in FY26 [39] - A $3.1 million exploration program is planned for Jaguar in FY26, targeting 8 high-priority base metals drill targets [50]