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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
Post by ryanlaston Mar 05, 2014 4:59pm
404 Views
Post# 22285460

looks like this one wants to keep running

looks like this one wants to keep runningonce the private placement is closed i wouldnt be surprised to see this jump up to the $4 range. This is just too cheap for what the company all has. Marmato alone is worth much much more, yes there will be challenges developing the open pit at Marmato but from what I hear the underground operations at Marmato can and will be increased significantly. once the upgrade is complete at Segovia and everything is running smoothly. the company will then look at an upgrade at Marmato. i think the pp will close next week. fingers crossed.
Bullboard Posts