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 > Gold is up!

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Comment by invest234on Mar 16, 2023 10:39am

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Post# 35342339

RE:RE:RE:RE:RE:Gold is up!

and if gold price stays up, a high grade tier 1 asset with very low aisc would be very valuable. miners can't find these large high grade deposits anymore.
an option is a positive not a negative. it is a company choice. if the gold price is low they don't need to exercise that option. if the gold price is high and they get permit, they exercise that option.
a free option is good.
if somebody gives you a free 3 year option to buy gold at $1600, you can turn that into a big profit or let it expire without costing you anything.

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