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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

Comment by Wayned52on Dec 23, 2020 12:54pm
190 Views
Post# 32170101

RE:RE:Drill results !!

RE:RE:Drill results !! Just to bring you new people up to speed , Gran Colombia has always had trouble getting any respect . World class drill holes make little difference to the share price but rumours of shady dealing make it drop like a rock . The media love to bash GCM.  If it`s a slow news cycle a 2 year old story will appear out of the blue , about the FARC for example , and send us on a tumble . In the past few years we have had several drill holes that were better than these at Segovia . At Marmato GCM had drilled off 4 million ounces but had to give it up because the government couldn`t control the illegal miners. Right now GCM has an on going suit with the government about that worth $400 million . They will get at least some of that . The illiegal miners are still there .  Unlike almost everywhere else in the world , at Segovia , GCM actually ownes all the land they are going to mine over the next 100 years . Serafino actually bought the land from the government when nobody wanted it . It is an enormous deposit .    You asked what GCM is worth. ? Anybody who can read with their own eyes , many many times what it is now . 
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