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Aris Mining Corp T.ARIS

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

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

Bullboard Posts
Comment by hockeylad33on Oct 10, 2012 6:37pm
91 Views
Post# 20470851

RE: RE: RE: They are in the marketing period so it

RE: RE: RE: They are in the marketing period so it

If it is to close by mid October, they had better at least define the terms or that may prove difficult.  They may have indications of interest, but nothing firm until they negotiate terms with the agents or main buyers.

At least as importantly, these drill results are insane.  Potentially 300M tonnes at about 1.5g/t equate to in the neighbourhood of 15M more ounces of gold.  Granted, grades are a little low for underground, but would love to see them prove up some additional 43-101 ounces and issue a feasibility study including those numbers.

Bullboard Posts