Aris Mining Corp (ARMN)

[NYBob]

Gran Columbia is a solid producer. They have made a deal with
Venezuela President to get back into their Venezuela mines -
they mined in the past and knows very well, and some of the operations
are close to Sandspring hard gold assets -
some of the infra structures may be shared etc. -



https://twitter.com/Fahy_Co/status/1069399682051436544

(and own 18%) of Sandspring Resources now (SSP.V). So in addition to all the Columbia gold TPRFF has about 1.8 mil oz gold in ground in Guyana (18% of ~10 million oz).

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147166758

Gran Colombia recognizes Mr. Juan Guaidó as the legitimate interim
President of Venezuela and has communicated to its government the
Company's firm intention to re-start its mining project in Venezuela as
soon as circumstances allow.


Gran Colombia Gold Ready to Invest in Venezuela
February 19, 2019
TORONTO, Feb. 19, 2019 (GLOBE NEWSWIRE) --

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2019/Gran-Colombia-Gold-Ready-to-Invest-in-Venezuela/default.aspx

Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today
that it sees opportunity in the evolving changes in Venezuela
to recover and develop its gold exploration assets that were
nationalized in 2011, adding to its pipeline of Latin America-based
projects which could fuel the Company’s mid- to long-term growth
objectives.
Gran Colombia recognizes Mr. Juan Guaidó as the legitimate interim
President of Venezuela and has communicated to its government the
Company's firm intention to re-start its mining project in Venezuela as
soon as circumstances allow.
For the purposes of holding, developing and financing its Venezuelan
assets and carrying out its Venezuelan investment strategy,
Gran Colombia intends to spin off such assets into a separate listed
special purpose vehicle.
Through the spin off, Gran Colombia will retain a major stake in the
new company while leveraging the capital markets to provide the funding
required for exploration and development of the mining assets.

Serafino Iacono, Executive Co-Chairman of Gran Colombia, stated:
“We are incredibly excited with the future prospects of Venezuela and
are eager to be a partner in the reconstruction of the country.
We have been successful in executing our turnaround strategy over the
last couple of years, focused primarily on implementing our mining plan
at our core producing asset, the Segovia Operations, which remains at
the heart of our exploration and development programs for near-term
growth.
We believe Gran Colombia is uniquely positioned to use this experience
to efficiently develop gold mining assets in Venezuela through a
separate listed vehicle in a sustainable and environmentally
responsible manner.
We are the largest gold and silver producer in Colombia with a 2018
output of 218,001 ounces (equivalent to approximately 6.8 tons) of gold
and our senior management team has unmatched experience in the
Venezuelan greenstone belt, having also financed and developed what
was, until the nationalization of the gold industry, the largest
operating gold project in the country.”

Prior to nationalization of the gold industry in 2011, Medoro Resources Ltd. (“Medoro”, which merged into Gran Colombia in mid-2011) was the legal owner of the “Increible 4A & 4B” gold mining property in El Callao, State of Bolivar, an area in which close to US$110 million had previously been invested. Exploration for gold in Bolivar State dates back to before Venezuelan independence in 1811 and most likely prior to the Spanish occupation. The El Callao mining district itself is historically the most prolific gold producing region in Venezuela with a recorded output of 6 million ounces since 1870. Through its exploration work, Medoro had outlined a NI 43-101 compliant mineral resource estimate with 950,000 ounces of gold in the Measured & Indicated category and a further 90,000 ounces of gold in the Inferred category. Medoro had also filed a development and mining plan and an environmental impact study before the Venezuelan authorities in order to start development of its project, in accordance with applicable regulations.

Lombardo Paredes, CEO of Gran Colombia added: “Our investment strategy in Venezuela, if we are given the opportunity, will include revitalizing other prospective assets in the El Callao area, such as the Sosa Mendez mine and the old Revemin processing plant, while working with the communities and the governmental authorities to formalize illegal miners, an area in which we have proven experience to foster economic activity and help the recovery from the current humanitarian crisis.”

Gran Colombia will provide further updates on this initiative as information becomes available.

About Gran Colombia Gold Corp.

Gran Colombia is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its Segovia and Marmato Operations. Gran Colombia is continuing to focus on exploration, expansion and modernization activities at its high-grade Segovia Operations.

Additional information on Gran Colombia can be found on its website at www.grancolombiagold.com and by reviewing its profile on SEDAR at www.sedar.com.

Cautionary Statement on Forward-Looking Information:


This news release contains "forward-looking information"--
--to place undue reliance on forward-looking statements.

For Further Information, Contact:
Mike Davies
Chief Financial Officer
[phone]
[e-mail]


http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2019/Gran-Colombia-Gold-Ready-to-Invest-in-Venezuela/default.aspx

Gran Colombia Gold logo.jpg

http://www.grancolombiagold.com

Source: Gran Colombia Gold

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147186375

In GOD We Trust -







http://www.kitconet.com/images/live/au0001wb.gif

Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA
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