Aris Mining Corp (ARMN)

[NYBob]

$MRDALE thanks; Gold $8-9k/oz or Higher in Next Two Years says Analyst Michael Oliver
13,664 views•Feb 23, 2021

$Analyst Michael Oliver sees $8,000 to $9,000 per ounce gold and silver
over $200 per ounce in the next couple years.
In fact, he said it would not surprise him if gold goes much higher
because “this is not just another gold bull market.” )

https://www.youtube.com/watch?v=hf0ECFJlmZ4


$Gran Colombia Gold Provides Exploration Update for Its Segovia Operations
February 23, 2021


$Announces multiple high-grade gold and silver intercepts from the
initial drill holes at its Vera brownfield target

Plans to drill 60,000 meters at its Segovia Operations in 2021 at an
estimated total cost of approximately US$14 million
TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) --


$Gran Colombia Gold Corp. (TSX: GCM, OTCQX: TPRFF) announced today that
the first eight step-out diamond drill holes at
the Vera brownfield target in its Segovia mining title
have resulted in multiple high-grade gold and silver intercepts,
including:

96.68 g/t Au and 423.7 g/t Ag over 0.49 meters on the Lluvias Vein
m(VER-ES-006);

46.54 g/t Au and 365.0 g/t Ag over 0.34 meters on the Lluvias Vein
(VER-ES-005); and

5.48 g/t Au and 212.1 g/t Ag over 0.64 meters on the Lluvias Vein
(VER-ES-003).


The diamond drill holes at Vera, totaling 2,223 meters, were carried out
from surface as part of the Company’s brownfield drilling program which
commenced in October 2020 aimed at testing the down-dip continuity of
the historical Vera mine, a past-producing mine operated by
Frontino Gold Mines Ltd
(“FGM”) from 1940 until 1988.

The Vera vein is one of 24 known veins in the Segovia mining title that
Gran Colombia is not currently mining.

Serafino Iacono, Executive Chairman of Gran Colombia, commented,
“We are very encouraged by these early drilling results at Vera which
provide a clear indication that mineralization is still open at depth.

This is a very exciting time for Gran Colombia, as we continue to
explore our high-grade producing mines and expand our exploration
efforts to include regional brownfield targets.

The exploration team has done an outstanding job over the last several
years as we have continued to replace and replenish our resource base
and reserves at our mines.

Now the team is ready to take on a strategic, expanded brownfield
exploration program, targeting new resources that will utilize our
current infrastructure and capacity, leading to production growth and
mine life extension at Segovia. We are confident that our exploration
campaign will continue to be a key value driver for
Gran Colombia as we move forward.”

Key Highlights of the Vera Drill Program

The Vera brownfield target is located east of
the Sandra K – Cogote Vein System and represents
one of the highest priority targets in the Company’s
brownfield drilling program at Segovia.

Following a 3D geological and structural modelling exercise
incorporating a compilation of old channel sampling and mining data
along with a new detailed geological-structural survey, an initial
diamond drilling program totaling 3,500 meters in twelve holes was
designed for the Vera brownfield target.

This is aimed at testing the down-plunge continuity of
the main orebody mined in the past and the extension of a
potential NE plunging ore-shoot occurring in the southern sector of
the historical mine, currently being mined by artisanal miners under
contract with the Company.

The brownfield drilling program at Vera commenced in early October 2020
with one diamond drill rig operating from two purpose-built surface
drill stations.

Approximately 63% of the total drilling program was completed by
the end of January in the eight drill holes
reported in this press release.

The remaining four drill holes (approximately 1,300 m) will be
completed by the end of March 2021.

Drilling has confirmed a new model for
the Vera vein which was built based on historical drill hole
intercepts, new structural data, chip channel data and fieldwork.

This new model incorporates a post-mineralization NW striking
dextral oblique-reverse fault that dips to the NE.

This was not previously identified by FGM, which interpreted that
there were two sub-parallel quartz veins named
Vera and Lluvias, the latter in the hanging-wall of the Vera vein.

The intersections to date of the current drill program confirm the
presence of the interpreted fault and the relative displacement along
it, and support the model that
the Vera and Lluvias veins are the same vein, with
the Lluvias vein occurring in the upthrown fault block.

Gran Colombia’s drilling program was successful in confirming
the continuity of the high-grade gold and silver mineralization in
the upthrown fault block, below the deepest level of
the historical mine.

The presence of high silver grades at Vera confirms the metal zoning
pattern and polarity that characterize the entire eastern sector of
the Segovia RPP-140 mining title, shown by a reversal of
the Au/Ag ratios from Sandra K to Guia Antigua.

The style of mineralization of the intersections drilled so far is
characterized by narrow veins hosting two main stages of
mineralization.

“Stage 1” is represented by milky quartz and pyrite and
galena forming nests, while

“Stage 2” is characterized by grey quartz and pyrite intergrown with
galena and sphalerite along with minor amounts of
silver sulfosalts (possibly proustite and/or pyrargyrite).

The veins are enveloped by a narrow halo of sericitic alteration.
The table below lists the key intercepts from the Vera drilling
program:

http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2021/Gran-Colombia-Gold-Provides-Exploration-Update-for-Its-Segovia-Operations/default.aspx

http://www.grancolombiagold.com/Home/default.aspx


http://www.grancolombiagold.com/operations-and-projects/colombia/default.aspx

http://www.grancolombiagold.com/news-and-investors/events-and-presentations/events-calendar/default.aspx

http://www.grancolombiagold.com/news-and-investors/Videos/default.aspx


http://www.grancolombiagold.com/news-and-investors/press-releases/press-release-details/2021/Gran-Colombia-Announces-Acquisition-of-Approximately-36-Equity-Interest-in-Denarius-Silver-Corp/default.aspx


http://www.grancolombiagold.com/news-and-investors/market-information/default.aspx#dividends

http://www.grancolombiagold.com/news-and-investors/events-and-presentations/presentations/default.aspx


In GOD We Trust - Real Money -







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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