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Aris Mining Updates Mineral Reserves and Resources for Segovia Operations with Full Replacement of 2022 Production
VANCOUVER, BC, March 3 2023 /CNW/ - Aris Mining Corporation ("Aris Mining" or the "Company) (TSX: ARIS) (OTCQX: TPRFF) announces updated mineral resource and re
About this update from Aris Mining Corp
[{"type":"text","content":" VANCOUVER, BC, March 3 2023 /CNW/ - Aris Mining Corporation (\"Aris Mining\" or the \"Company) (TSX: ARIS) (OTCQX: TPRFF) announces updated mineral resource and reserve estimates for the Segovia Operations in Colombia, effective December 31, 2022 (the \"2022 MRE\"). The 2022 MRE includes full replacement of gold ounces mined during 2022. Highlights of the Segovia Operations 2022 MRE include: Proven and probable mineral reserves of 755.2 thousand ounces (koz) of gold (Au) from 2.4 million tonnes (Mt) at 9.95 grams per tonne (g/t) Au. This compares to 744.7 koz from 2.3 Mt at 10.1 g/t Au as of December 31, 2021 Measured and indicated mineral resources of 1.7 million ounces of gold (Moz) from 5.0 Mt at 10.60 g/t Au Inferred mineral resources of 1.6 Moz of gold from 5.3 Mt at 9.44 g/t Au Extended growth history of mineral resources, net of depletion, since 2010 (see Figure 1) Neil Woodyer, CEO of Aris Mining, commented \"Segovia is a high-grade gold operation that has been producing gold for more than 150 years. Following the 2022 in-mine and near-mine drilling campaign, we are pleased to report another year of replacing mined ounces with new reserves and resources. For 2023, we have planned an exploration drilling program of 84,500 metres at Segovia focussed on increasing the mineral reserves and life of mine plan, extending the known resources at the four producing mines, and further exploring strategic high priority vein targets located adjacent to the current mining operations.\" Tables 1 and 2 include the full breakdown of the 2022 MRE. Table 1: Segovia Operations Mineral Reserves effective December 31, 2022 Classification Deposit Tonnes (kt) Grade Au (g/t) Contained Au (koz) Proven Providencia 204.1 11.22 73.6 Sandra K 25.2 8.46 6.8 Total Proven 229.3 10.92 80.5 Probable Providencia 198.9 8.11 51.8 Sandra K 462.2 7.42 110.3 El Silencio 1,369.3 11.01 484.6 Carla 101.3 8.57 27.9 Total Probable 2,131.7 9.84 674.7 Proven + Probable Total 2,361.0 9.95 755.2 Notes: 1. The mineral reserve estimate was prepared under the supervision of, or was reviewed by, Pamela De Mark, P.Geo, Senior Vice President Technical Services of Aris Mining, who is a Qualified Person as defined by National Instrument 43-101 (\"NI 43-101\").2. Totals may not add up due to rounding.3. Mineral reserves are reported within scheduled mine designs...