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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 9rookieon Mar 28, 2020 11:41am
200 Views
Post# 30855861

just look at CGC

just look at CGC
SHARES OUT.:13,855,341
TOTAL SHARES (ALL CLASSES)2:106,028,802
ESCROW SHARES:
36,640,100
MARKET CAP (ALL CLASSES)2*:180,248,963
Three type of share classification ,WTF .Look at their MC , what are they producing 2000 ounces af gold a month .


At the Marmato Operations, now owned by Caldas Gold Corp. (TSX-V: CGC), the plant processed an average of 1,133 tpd at an average grade of 2.3 g/t resulting in gold production of 2,126 ounces in February. With total gold production for the first two months of 2020 of 3,762 ounces, the Marmato Operations remain on track to produce a total of between 32,000 and 37,000 ounces of gold this year. Gran Colombia owns approximately 73% of Caldas Gold.

Why didn't they just make this part of GCM ?
Bullboard Posts