Aris Mining Corp T.ARIS

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

Metals & Mining Gold

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.

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Aris Mining Corp

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Comment by Moogulon Jul 25, 2020 12:18pm

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Post# 31318877

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It's not rocket science ...

I agree on your drill explanation... it makes no sense to drill too far ahead or do high density delineation Becuase you simply need to follow a high grade vein. It's not an efficient use of capital to over drill this type of deposit. Segovia will never have a long RLI but it will continue to more or less replace produced reserves annually as they have been doing for the past 3 years. Grade may fall a couple grams per ton over the next 5-10 years but the mine will still be around spinning of tons of free cashflow. Segovia is a cash cow.

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