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Aris Mining Corp. T.ARIS

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

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.


TSX:ARIS - Post by User

Comment by menoalittleon Sep 08, 2020 9:23pm
214 Views
Post# 31524813

RE:RE:RE:Caldas + 23 % . Why ?

RE:RE:RE:Caldas + 23 % . Why ? well, Serafino talked about Caldas on the interview... and mentioned drilling into a "gigantic porphory area" below the 4 to 5 gram vien that they're currently mining. And said, "this thing is going to be a monster..." Referred to Caldas as being "a massive depost" and mentioned that for the last seven months, every drill hole that was done has made the top 5 drill holes done in the world. 170 to 180 meters minable width, with a strike length of 900 meters,  All together, plant is going to go to 200-300 ounces(yr) very quickly. 

So, probably not much left to wonder about as to why Caldas popped.

The real bewilderment, is why GCM hasn't (at least, not yet.)  But, quite frankly, it's probably better in the long run to have it hang here for another week or two, at least until they take one great big giant bite of it with the buybacks.  That'd make it more than worth the suspense and pain of waiting a while longer, imo. 
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