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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.


TSX:ARIS - Post by User

Aris Mining Corp > Soto : 60 % smaller project. 3.5 y construction.
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Comment by Ricolocoon May 27, 2024 2:36am
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Post# 36058428

RE:RE:RE:RE:RE:RE:Soto : 60 % smaller project. 3.5 y construction.

RE:RE:RE:RE:RE:RE:Soto : 60 % smaller project. 3.5 y construction. -Elimination of the 6.9 km tunnel, which was to be created by way of a tunnel boring machine (TBM), accelerating construction timelines and reducing capital costs. Ropeway technology is currently in use in Colombia, requires minimal land use, and is easily removed at the end of the mine life. The ropeway will also move tailings from the processing plant to the underground paste fill plant.-

Contrary to what Brioche says it clearly states no
long tunnel, in addition there will be a reduction in capital cost and time. I'm curious where are you getting your info Brioche, did you read the NR?

Brioche you state at best 92,000 oz Au, having misinformed us about the long tunnel, does your calculation take into account for higher mill feed and the ratio of mill feed to waste rock? Anyways thank you for exposing how easy it's to misinform investors. 
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