Aris Mining Corp T.ARIS

43-101 filed

[likeike]

TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) -- GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has filed a technical report and preliminary economic assessment (the “Technical Report”) pursuant to National Instrument 43101 - Standards of Disclosure for Mineral Projects (“NI 43101") for its Toroparu Gold Project located in the Upper Puruni River Region of Western Guyana. The Technical Report dated January 11, 2022, with an effective date of December 1, 2021, supports the disclosure made by the Company in its December 1, 2021 news release and was prepared by Nordmin Engineering Ltd. The Technical Report is based on the updated Mineral Resource estimate for the Toroparu Gold Project with an effective date of November 1, 2021.

[menoalittle]

only took a rather quick glance, but appears to me that with an after-tax net present value of US $794 million (US dollars), at a 5% discount rate, and an internal rate of return of 46.08% (based on a gold price of $1500, mind you), GCM ought to be trading higher than where it is currently at based solely on the value of Toroparu alone, giving zero value to it's holdings in Aris Gold, Denarius

[menoalittle]

oh yeah, ...forgot to mention the base case payback period is estimated at 1.15 years.  lol... oh, WTF.  what do i know, anyways... ?