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Aris Mining Corp T.ARIS

Alternate Symbol(s):  CLGDF | T.ARIS.WT.A | 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

Post by menoalittleon Apr 01, 2021 11:45am
200 Views
Post# 32923010

not that surprising... to some of us, at least...

not that surprising... to some of us, at least...like the old widow woman, who in spite of what it might have liked like to others, never did exhaust the supply of what was in that barrel...

even as a simple matter of logic, high grade deposits - such as Segovia - don't just appear out of no where, nor do they end all of a sudden.  and my gosh... they're only mining 3 of 27 known viens, all 3 of which are high grade.  But, seems the market just hasn't really figured this out yet... else GCM would be trading at least twice the price it is already.

(a few quotes from yesterday's news release.)
______________________________

...reaffirming confidence in the high-grade nature of the Segovia gold deposits and replacing Mineral Resources mined in 2020. 

...The Company replaced Mineral Resource mined in 2020 and upgraded approximately 69,000 ounces from Inferred to Measured & Indicated resources.
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