Oct. 2 at 6:26 PM
                            
$ARMN As announced last month, Aris Mining has completed the prefeasibility study (PFS) for the 51%-owned Soto Norte Project in Santander, Colombia. 
  
The PFS confirms Soto Norte as a high-quality project with robust economics, low operating costs, and industry-leading environmental and social design features. 
  
✅ Balanced development strategy: 3,500 tpd processing capacity, including 750 tpd dedicated to local community miners, providing a safe, regulated alternative that ensures proper tailings and water management. 
✅ Long-life operation: 22+ year mine life with average annual gold production of 263 koz (years 2 to 10) and 203 koz (years 1 to 21) and an all-in-sustaining costs (AISC) of 
$534/oz Au over the Life-of-Mine. 
✅ Strong economics: At 
$2,600/oz base case gold price and initial construction capital of 
$625 million, the project delivers a 
$2.7B NPV5%, 35% IRR, and 2.3-year payback. 
  
To learn more, visit: https://lnkd.in/gTB8qQAv