AIC Mines (ASX:A1M) reported an increase in a combined mineral resource estimate for the Eloise project in Queensland as of Dec. 31, 2025, according to a Tuesday filing with the Australian bourse.

The combined project mineral resource increased 10% to 31.2 million tonnes grading 2% copper and 0.4 grams per tonne grade of gold, containing 631,800 tonnes of copper and 445,800 ounces of gold, the filing said.

Combined mineral resource as of Dec. 31, 2024, was 28.4 million tonnes grading 2% copper and 0.4 g/t gold, containing 563,000 tonnes of copper and 409,600 ounces of gold, according to a separate filing in March 2025.

AIC Mines shares rose 2% in midday trade on Tuesday.