ARIS MINING FILES NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT FOR ITS UPDATED MARMATO EXPANSION PFS
Aris Mining Corporation has filed an updated Preliminary Feasibility Study technical report for the Marmato expansion project, effective June 30, 2022. This report complies with National Instrument 43-101 standards and follows prior disclosures made on November 14, 2022. The study's findings are available on the company's website and SEDAR. Aris Mining operates in Colombia and Guyana, producing significant amounts of gold and pursuing growth opportunities through acquisitions and joint ventures.
- Updated Preliminary Feasibility Study for Marmato expansion may enhance growth prospects.
- Strong production track record with 230,000 ounces of gold produced in 2021.
- No specific financial metrics or projections provided in the PR.
VANCOUVER, BC, Nov. 23, 2022 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces it has filed an updated Preliminary Feasibility Study technical report for its Marmato expansion project pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (the Technical Report). The Technical Report has an effective date of June 30, 2022, and supports the disclosure made by the Company in its November 14, 2022 news release. The Technical Report is available on Aris Mining's website at www.aris-mining.com and on SEDAR at www.sedar.com.
Aris Mining is a Canadian company led by an executive team with a track record of creating value through building globally relevant mining companies. In Colombia, Aris Mining operates several high-grade underground mines at its Segovia Operations and the Marmato Mine, which together produced 230,000 ounces of gold in 2021. Aris Mining also operates the Soto Norte joint venture, where environmental licensing is advancing to develop a new underground gold, silver and copper mine. In Guyana, Aris Mining is advancing the Toroparu Project, a large-scale gold/copper project. Aris Mining plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification. Aris Mining promotes the formalization of small-scale mining as this process enables all miners to operate in a legal, safe and responsible manner that protects them and the environment.
Additional information on Aris Mining can be found at www.aris-mining.com and www.sedar.com.
This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the Company's plans and strategies are forward-looking. When used herein, forward looking terminology such as "expect", "anticipate", "estimate", "may", "will", "should", "intend", "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company believes are appropriate in the circumstances. Many factors could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of the Company's most recent AIF and in the Management's Discussion and Analysis for the three and nine months ended September 30, 2022 which are available on SEDAR at www.sedar.com. These factors should be considered carefully, and readers should not place undue reliance on the Company's forward-looking statements. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Aris Mining Corporation
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