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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 7Twiggyon Oct 28, 2020 2:51pm
91 Views
Post# 31796955

Red Cloud Octoberfest 2020

Red Cloud Octoberfest 2020Caldas Gold Corp. (TSXV:CGC, Derek Macpherson) Presenter: Mike Davies, CFO Company Description: Caldas Gold Corp. engages in the acquisition, exploration, development, and operation of gold properties in Colombia and Canada. It also explores for silver deposits. The company holds 100% interests in the Marmato project located in the Department of Caldas, Colombia and the Juby project located in Ontario, Canada. Caldas Gold Corp. is headquartered in Toronto, Canada and operates as a subsidiary of Gran Colombia Gold Corp. Highlights: The company is focused on developing the Marmato mine in Columbia to its fullest potential by expanding production from the upper mine from the 24,000 to 26,000 oz Au this year towards the 50,000 oz Au range through mill and mine expansion in 2021. The real opportunity at Marmato is the development of the deep mine which hosts 1.3 Moz Au and significant resource potential. Drilling through H1 2021 is targeting to expand the reserve base by 40% through infill and extension drilling. Through 2020, Caldas has successfully put in place the financing for the $269M budget to build the deep mine and is targeting startup in mid-2023. Once the deep mine is in full production, Marmato production will grow to the +150,000 to 200,000 oz Au range and low AISC. Caldas recently acquired the Juby project in Ontario and is looking at a targeted program in 2021 to grow the resource base from the current 2.3 Moz
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