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 > red cloud update: C$17.25

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Post by invest234on Jun 08, 2021 10:47am

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Post# 33347452

red cloud update: C$17.25

(from ceo.ca)
https://cdn-ceo-ca.s3.amazonaws.com/1gbut4v-20210604-GCM-Update.pdf

post-tax NPV5% of $1,034M for the Toroparu project

(toro present value with 5% discount is a billion US dollars but market gives it only C$200M or less)

ongoing project optimization that includes the discovery of continuous high-grade gold bearing structures extending for +3 km in strike and +450m in depth.

over time, as it advances, it should become more accretive as we increase the multiple applied to Toroparu (using a 1.0x multiple our target would be ~C$22).

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