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 siyulion Oct 09, 2024 5:09pm

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Post# 36260036

Aris: Undervalued with big potential

Given recent Gold price surge, I updated Aris' 2 operating mines NPV (both FS still use 1400-1900/oz gold price). My finding is Marmato NPV alone is worth Aris' entire market cap today.

With very conservative valuation (acqusition cost for Soto Norte and Toroparu), Aris trades at ~65c for $1 in my calc.

I also revisit Soto Norte, and shows why it is a promising virgin land that waiting to be harvested, and have great potential as much as Marmato and Segovia.

Detailed writeup here, let me know what you think.

https://underhood.substack.com/p/a-junior-gold-miner-with-big-potential

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