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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 Trappist1on Mar 13, 2019 5:43pm
73 Views
Post# 29481884

RE:RE:RE:RE:RE:RE:news!

RE:RE:RE:RE:RE:RE:news!Very good and correct observation FreeGold1. 

Could it be that combining :
1. They are mining out of inferred as said in latest pr
2. Had a few very good holes reported in the 2018 drilling compaign (pr jun, okt, feb19) with very high grades hit. 
3. Also while providencia being the feeder of high grades, reserves actually in size and gradings versus the dec17 

Concluding that GCM is hitting (and mining) much higher grades than the current reserve/resource basis indicates. 

Hence explaining the "urgency" of management to fast track drilling and exploration. 





FreeGold1 wrote:  

Bizarrely the grades of the Inferred Resources that are being mined appear to be HIGHER than the P+P resources.

Simple math will tell you that if the Resources are under 12gpt and your are reporting production at 17gpt+, that increase in grade has to come from someplace.

Why are analysts not asking the company about this?


Bullboard Posts