VANCOUVER, BC, May 4, 2021 /PRNewswire/ – Aris Gold Corporation announces the commencement of an initial 10,000-metre drill program at its Juby Project in the Abitibi greenstone belt of Ontario.
The planned work program is based on recommendations in the Juby Technical Report dated October 5, 2020 and having an effective date of July 14, 2020.
The Juby Project contains a within pit Mineral Resource Estimate , and 1,488,000 oz inferred mineral resources of gold based on 47.1 million tonnes at an average grade of 0.98 g/t.
The health and safety of personnel at site and the communities in which the Company operates are of paramount importance to Aris Gold.
The scientific disclosure and technical information included in this news release is based on information included in the technical report entitled “Technical Report on the Updated Mineral Resource Estimate for the Juby Gold Project” dated October 5, 2020 with an effective date of July 14, 2020 and prepared by Joe Campbell, B.Sc., P.Geo., Alan Sexton, M.Sc., P.Geo., Duncan Studd, M.Sc., P.Geo.
Aris Gold operates the Marmato mine in Colombia, where a modernization and expansion program is underway, and the Juby project, an advanced exploration stage gold project in the Abitibi greenstone belt of Ontario, Canada.
Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, “will continue” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”.
The forward-looking statements and forward-looking information are made as of the date hereof and Aris Gold disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results.
This announcement does not constitute an offer of securities for sale in the United States, nor may any securities referred to herein be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S.