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Aris Mining Announces High Grade Drill Results from Ongoing Segovia Operations Exploration Program
VANCOUVER, BC, Aug. 16, 2023 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces the results received to date from
About this update from Aris Mining Corp
[{"type":"text","content":" VANCOUVER, BC, Aug. 16, 2023 /CNW/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces the results received to date from its ongoing 2023 exploration program at its Segovia Operations in Colombia. The 84,500 metre (m) exploration drilling program is now 58% complete. Neil Woodyer, CEO of Aris Mining, commented \"Our program encompasses the exciting work of discovering new high grade vein structures near existing mine infrastructure. Drilling this year has successfully intersected 32 different mineralized vein structures at strategically spaced drill points. Additionally, given the widths and grades of vein intersections near active mining operations, this work is expected to convert mineral resources into mineral reserves and to continue Segovia's history of growth and reserve replacement. Segovia has an impressive legacy of high grade gold production from numerous large scale, narrow quartz-sulfide veins for more than 150 years. Our exploration investment continues to result in new high quality ounces and we eagerly await the results of the next phases of this program.\" The Segovia Operations exploration drilling program is a comprehensive undertaking with 17 drill rigs operating in the El Silencio, Sandra K, Providencia, and Carla mines from 21 surface and underground drilling chambers. As of a cut-off date of July 31, 2023, the Company has completed 48,964 m of drilling. The 2023 exploration program at the Segovia Operations has been designed to target the following objectives: reserve replacement (29,000 m budgeted), expanding resources at existing operations (39,000 m budgeted) and testing high priority exploration targets outside the current resource area but near mine infrastructure (16,500 m budgeted). Highlights include: El Silencio – 450 Vein 0.48 m1 at 647 grams per tonne (g/t) gold (Au) in hole ES-MH10-04 0.19 m at 216 g/t Au in hole ES-EU-095 0.49 m at 62 g/t Au in hole ES-MH10-02 0.23 m at 126 g/t Au in hole ES-EU-102 ____________________________ 1 All intersection widths are corrected for true vein width El Silencio – Manzanillo Vein 0.32 m at 109 g/t Au in hole MAN-IU-03 0.55 m at 26 g/t Au in hole MAN-EU-016 0.50 m at 21 g/t Au in hole MAN-IU-003 0.45 m at 15 g/t Au in hole MAN-EU-005 El Silencio - Reliquia Vein 0.69 ...