ARIS MINING ANNOUNCES COLOMBIAN MINISTRY OF ENVIRONMENT RESOLUTION RELATED TO THE SANTURBÁN REGION

Core Viewpoint - Aris Mining Corporation is advancing its Soto Norte Project in Colombia while navigating new environmental regulations, focusing on sustainable practices and community engagement [1][2]. Group 1: Regulatory Developments - The Colombian Ministry of Environment has completed a public consultation process regarding a Temporary Reserve Area (TRA) in the Santurbán region, affecting the Soto Norte Project [1]. - The TRA resolution allows for a two-year suspension of environmental license issuance while evaluating water resources in the area [1]. Group 2: Project Updates - Aris Mining is working on a smaller-scale version of the Soto Norte Project, with completion of environmental and technical studies expected by mid-2025 [2]. - The redesigned project aims to align with environmental protection goals and has received significant local support [2]. Group 3: Production and Operations - In 2024, Aris Mining produced 210,955 ounces of gold from its Segovia Operations and Marmato Upper Mine, with plans to increase annual production to over 450,000 ounces by ramping up operations in 2025 and 2026 [4]. - The company operates a 51% owned joint venture at Soto Norte, with studies for a new development plan underway [4]. Group 4: Strategic Vision - Founded in September 2022, Aris Mining aims to become a leading gold mining company in Latin America, focusing on production, cash flow generation, and transformational growth through asset expansions and acquisitions [3][5]. - The company is actively pursuing partnerships with small-scale miners in Colombia to promote safe and environmentally responsible mining practices [5].