Aris Mining Corp. T.ARIS

Alternate Symbol(s): CLGDF | N.AMNG.NT.U | T.ARIS.WT.A | ARMN

Metals & Mining Gold

Aris Mining Corporation is a gold producer in the Americas. The Company is engaged in operating two mines with expansions underway in Colombia. The Segovia Operation is located in the Segovia-Remedios mining district in the department of Antioquia, Colombia, approximately 180 kilometers (km) northeast of Medellin. The Segovia Operations comprises four active underground gold mining operations, which include El Silencio, Sandra K, Providencia, and Carla. It has over 11 titles with a total area of 5,335.58 hectares (ha). The Marmato underground gold mine is located on the west side of the town of Marmato, in Marmato municipality of Caldas Department, in the Republic of Colombia, approximately 80 km from Medellin and 200 km northwest of the capital city of Bogota. The Company is also the operator and 51% owner of the Soto Norte Project, which is advancing to develop a new underground gold, silver and copper mine. In Guyana, it is advancing the Toroparu, a gold/copper project.

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Aris Mining Corp.

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Comment by ts9222on Sep 29, 2017 1:40am

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Post# 26757145

RE:RE:RE:Gran Colombia files Segovia NI 43-101 technical report

The drop off in 2020 is from them counting zero productiion from Providencia. Clearly their ongoing drill program (and several 200 g/t drill holes they have been getting) will extend production from Providencia as said before. Even if it is not extended, it is still a very good $178m NPV, $210m after tax FCF.

adama2000 wrote: Segovia Mining Production Assumptions
2017 H2 82,458
2018 169,099 (108,052 from contractors)
2019 171,147
2020 139,073
2021 139,158
2022 131,251
2023 106,127
2024 82,914
2025 88,047
2026 39,274

So they need more resources in the next years, but at least 2018 and 2019 should be very good