Aris Mining Corp T.ARIS.WT.A

Primary Symbol: T.ARIS Alternate Symbol(s): 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 > The train is leaving the station? $10 coming soon?

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Comment by domcolumbaon Jan 25, 2023 5:57pm

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Post# 35246537

RE:RE:RE:The train is leaving the station? $10 coming soon?

Valuation: We maintain our BUY rating and increase our target price to C$12.00/sh (was C$11.50/sh). Our target is based on our fully financed, partially diluted valuation of Aris using a DCF model to arrive at our NAV5% estimate of ~C$4.6B (was ~C$4.4B). Upcoming catalysts: 1) Marmato Lower Mine development updates (ongoing), 2) Q4/22 and FY/22 financial results (Q1/23), 3) re-evaluation of Toroparu, and 4) Soto Norte EA (H2/23).

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Visionstate set to leverage success in the U.S. market