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 likeikeon Aug 04, 2022 12:18pm

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Post# 34871327

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On July 25, GCM Mining and Aris Gold announced their intention to merge into a single entity to create one of the largest gold companies in Colombia - GCM Mining and Aris Gold join forces in merger deal.

The merged entity, to be hailed as Aris Gold Corporation from hereon, will boast proven and probable reserves of 3.8 million ounces of gold. The Measured and Indicated ounce count will figure at 18.3 million ounces while 7.7 million ozs will round out the Inferred category.

Chairman Ian Telfer: “The combined group creates a top-in-class company with multiple tier one assets. After Aris Gold became operator of the Soto Norte joint venture, joining forces with GCM became a logical next step. Our increased scale will also broaden our future opportunities to continue building a [greater than one-million-ounce] producer over the next few years.”