Aris Mining Corp T.ARIS.WT.A

Primary Symbol: T.ARIS Alternate Symbol(s): CLGDF | N.AMNG.NT.U | ARMN

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 > Aris Mining insitu gold valuation supports $90 per share?

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Comment by tobinator01on Apr 25, 2024 8:27pm

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Post# 36008443

RE:Aris Mining insitu gold valuation supports $90 per share?

Not all resources are valued the same. A more conservative Aris valuation is to give Soto Notre and Toroparu resources a value of Zero. There are reasons for this. Soto Notre could be completely denied an environmental license (as had been done before) making that project's value zero. Toroporo's resources at fairly low grade and the project is in the middle of nowhere. Bringing that project to production probably will run $500 million in investment and take 7 - 10 years.

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Geologica Resource: Polymetallic upside at a depressed price