AIC Mines Limited, formerly Intrepid Mines Limited, is a minerals exploration and mining company. Its principal activity is exploration and development of base metals with a focus on assets held in Zambia. Its principal exploration project is in Zambia, where the Company is exploring and developing various mineralized zones. Its Mumbwa Project is located in west-central Zambia, approximately 200 kilometers west of Lusaka. The Mumbwa Project includes over five contiguous prospecting licenses with a total area of approximately 1,000 square kilometers, including the Mumbwa license (8589-HQ-LPL) that hosts its Kitumba Copper Project. The Mumbwa Project lies within the southern end of a fold and thrust belt, Lufilian Arc, which also hosts the Zambian copper belt deposits. Its assets in Zambia target copper and gold. Its other Mumbwa targets include Kakozhi and Tasmania targets. It focuses on advancing the Kitumba Copper Project and exploration on its Mumbwa Project tenements.