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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Post by VerusSemperSorson Feb 17, 2021 6:51am

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Post# 32582189

Back of napkin calc of 2020 net adjusted income vs 2019

1,769.64 U.S average POG in 2020 vs. about 1400 / oz in 2019. Say $350/oz higher realized times 240,000 oz of production = $84 million MORE.

So about $144 million net adjusted income for 2020, up from about $60 million in 2019. With numbers like that, no wonder this company is only valued at $368 million!!>??@##?

Also, the new low 2021 gold price is not a lot higher than the 2020 average of 1,769.64 U.S. If that keeps up the 2021 net adjusted income could be another $144 million pitance. Perhaps that explains the low share price@!!!??

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