Aris Mining Corp (ARMN)

[NYBob]

ARIS MINING ANNOUNCES RECEIPT OF LICENSE TO TRANSFORM MARMATO MINE AND NEW PATH FORWARD FOR GOLD PROJECTS IN COLOMBIA
T.ARIS
VANCOUVER, BC, July 12, 2023 /PRNewswire/ -

Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (OTCQX: TPRFF) announces it
has received approval from the Corporación Autónoma Regional del Caldas (Corpocaldas), a
regional environmental authority in Colombia, of the Environmental Management Plan (PMA) which
now
permits the development of the Marmato Lower Mine.

Aris Mining (CNW Group/Aris Mining Corporation)

Construction of the new underground mine will provide access to the wider porphyry mineralization
below the current Upper Mine, which allows for bulk mining methods in the Lower Mine.
The Upper and Lower Mine has a measured and indicated mineral resource of 6.0 million ounces
(Moz) of gold, which includes a proven and probable mineral reserve of 3.2 Moz.
The Marmato Mine is expected to deliver average production of 162,000 ounces per year over a
nearly 20-year mine life from the mineral reserves.1

Aris Mining CEO Neil Woodyer stated:
"This is a milestone for Aris Mining as it will grow Marmato's gold production five-fold and, following
construction, our Colombian gold production from Segovia and Marmato will be approximately
400,000 oz per year.

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SOURCE Aris Mining Corporation

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