Soto Norte NPV nearly 1.5 billion $ !In the Top 10 list of developing gold mine projects valuations appears on place 4 the Soto Norte / Aris / Minesa project. This is our once "small sister", adjusting our property. It is valued at an NPV of Billion
$1.471 ! It is basically an extention of our high grade mineral deposit, that we explored with the shareholders money on our license area.
What would be our NPV now if the Colombians had not taken us away our once given rights to develop our mine about 10 years ago...
We were a project of Colombian "National Interest" with participation of a World Bank institution !
When will finally jusitce be executed ??!!! https://www.mining.com/web/these-are-the-worlds-most-valuable-gold-mines-in-development/ -----------
Quote:
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| RANKING | PROJECT | COUNTRY | OWNER (100%) | NPV, IN BILLIONS |
| 4 | Soto Norte | Colombia | Minesa | $1.471 |
The Soto Norte Gold Project, located in the California–Vetas mining district in Colombia, is currently operated by Aris Mining and owned by Minesa, a joint venture between the privately-held companies Sociedad Minera de Santander SAS and Sociedad Minera Calvista Colombia. Minesa has invested significantly in environmental and social impact assessments, with a strong commitment to the local environment and communities. The Soto Norte deposit has substantial mineral reserves and resources, offering high exploration potential. A 2021 feasibility study indicates robust economics, with an estimated NPV of nearly $1.5 billion. With a projected lifespan of 20 years, the project aims to produce polymetallic concentrates of gold and copper while upholding environmental and safety standards...