Investor Presentaiton
District scale potential
Significant potential to unlock value at depth, along strike
and within nearby mining titles
Map of Soto Norte mining titles and planned project infrastructure
GENERAL LEGEND:
Project Layout
1118000
1120000
Processing plant,
DSF, support
infrastructure
(Padilla area)
1122000
1124000
1124000
1126000
1128000
ACCESS TUNNEL
4
CALIFORNIA
1130000
Underground mine
(Emboque area)
5
1128000
PROJECT
1130000
1132000
1132000
SOCIEDAD MINERA
DE SANTANDER S.A.S
SOTO NORTE PROJECT FEASIBILITY STUDY
DRAWING: Area covered by Aerial LIDIAR Survey
GRAPHIC SCALE:
SCALE:
1:20.000
1118000
1120000
1122000
1126000
COORDINATE SYSTEM:
Magna Colombia Bogotá
Roads and Buildings
Streams
Soto Norte Project PTO Titles
Other Minesa Mining Titles
Topographic contour 100 masi
Lidar survey cover area
Galway
Mine Design
Santurban Paramo
Calvista
Minesa
DATE:
05/07/2019
DRAWN: Cecilia López G
REVISED: Afonso Palacio
Notes:
1 5.0 Moz of Probable Mineral
Reserves and 8.5 Moz of Indicated
Mineral Resources¹ on only 2.2 km
of the 5 km La Baja Fault Zone
②Vein structures extend to surface,
and are open at depth and along
strike, presenting opportunities for
expansion through exploration
drilling
③ Historical resource estimate along
strike at Galway/Calvista
concession²
④ Anomalies continue towards the
southwest
⑤Large footprint of mining titles in
the region
1. See Appendix for full disclosure of Mineral Reserve and Mineral Resource estimates. Indicated Resources inclusive of Reserves
2.
2.3 million tonnes at 4.6 g/t gold and 35 g/t silver, containing 335 koz of gold and 2.5 Moz of silver in the Indicated category. The historical resource estimate at Galway/Calvista has not been verified
by Aris Gold and was prepared by SRK Consulting, effective June 11, 2018, prior to Aris Gold acquiring an interest in Soto Norte. While SRK used industry standard and reliable methods to estimate the
mineral resources, categorized the estimates in accordance with CIM definition standards, and reported the resources above a NSR cut-off value of $47 per tonne to consider initial underground
mining costs, processing costs, and metallurgical recoveries of 92% for gold and silver and 76% for copper, treatment and payability terms, and metal price assumptions of $1,300 per ounce of gold,
$18 per ounces of silver, and $5,000 per tonne of copper, the Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources, nor is there a publicly
disclosed technical report to support the disclosure of the mineral resources, and therefore Aris Gold is not treating the historical estimate as current mineral resources.
ARIS GOLD
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