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 tobinator01on Aug 22, 2024 5:44pm

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Post# 36192601

Gold Down $30 and Aris hits a new 42 month high.

Aris was remarkably strong for day considering Gold was down over $30. Combined volume (TSX +NYSE) was close to 1 million shares. All is needed is some strength in Gold and Aris should surge above $6.50. The reason is shorts will have buy stops just above the share price now and they don't want to get further squeezed by buying coming in from posting multi-year highs.

We'll probably not get that tomorrow as the Fed Chairman speaks but next week looks most promising.

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Advancing flagship Ishkõday Gold Project in Ontario