Aris Mining's Soto Norte Gold Project Shines with Stellar Pre-Feasibility Results

Aris Mining is thrilled to announce the overwhelmingly positive results of its Pre-Feasibility Study (PFS) for the Soto Norte Gold Project, located in the Santander Department of Colombia. These robust findings underscore the project's exceptional economic viability and potential to become a significant, long-life, high-margin gold operation, reaffirming Aris Mining's commitment to responsible and profitable resource development.

The PFS highlights Soto Norte as a world-class, underground gold mining opportunity with impressive financial metrics.

Key economic indicators reveal a substantial After-Tax Net Present Value (NPV) and an attractive Internal Rate of Return (IRR), demonstrating the project's resilience even under varying gold price scenarios. The study projects a significant average annual gold production over an extensive mine life, positioning Soto Norte as a cornerstone asset for Aris Mining's portfolio.

Initial capital expenditure estimates are competitive for a project of this scale, coupled with remarkably low All-in Sustaining Costs (AISC), which are expected to place Soto Norte among the lowest-cost gold producers globally.

This combination of strong production and efficient cost management is a testament to the project's high-grade nature and optimized development plan.

The PFS details a conventional underground mining approach, leveraging established techniques to maximize ore recovery while minimizing environmental footprint.

The processing flowsheet is designed for high gold recovery, ensuring efficient extraction from the high-quality orebody. Furthermore, the study confirms the conversion of a significant portion of the mineral resources into mineral reserves, providing a strong foundation for future production planning.

Frank Giustra, CEO of Aris Mining, expressed immense enthusiasm for the results, stating, "The Soto Norte PFS confirms our long-held belief in the project's exceptional potential.

These robust economics validate Soto Norte as a cornerstone asset for Aris Mining, capable of delivering substantial value to our shareholders while generating significant benefits for the local communities and the region. Our team has worked diligently to design a project that is not only economically powerful but also environmentally and socially responsible."

Aris Mining remains dedicated to advancing Soto Norte with the highest standards of environmental stewardship and social engagement.

Ongoing efforts include continuous dialogue with local communities, ensuring the project contributes positively to regional development through employment, infrastructure improvements, and sustainable initiatives. The company plans to proceed expeditiously with a Definitive Feasibility Study (DFS) and the necessary permitting processes, moving closer to realizing Soto Norte's full production potential and cementing its role as a significant contributor to Colombia's mining sector.