Aris Gold Mineral Reserves

Category

Property

Tonnes
(kt)

Gold grade
(g/t)

Silver grade
(g/t)

Contained gold
(koz)

Contained silver
(koz)

Effective date

Proven

 Marmato

  802

 5.10

 22

  133

  569

 March 17, 2020

Probable

 Marmato

  18,898

 3.10

 6

 1,888

  3,780

 March 17, 2020

Probable

 Soto Norte

  4,953

 6.22

 34

 990

  5,477

 January 1, 2021

Proven + Probable

Total

 

 

 

  3,011

  9,826

 

Notes:

Mineral reserve estimates were prepared under the supervision, or were reviewed by, Pamela De Mark, P.Geo, Vice President Exploration of Aris Gold, who is a Qualified Person as defined by National Instrument NI 43-101. Totals may not add due to rounding. Mineral reserve estimates for Soto Norte represent the portion of mineral reserves attributable to Aris Gold based on its 20% ownership interest. Mineral reserves were estimated using a gold price of USD$1,400 per ounce at Marmato and USD$1,300 per ounce at Soto Norte.

Aris Gold Mineral Resources

Category

Property

Tonnes
(Mt)

Gold grade
(g/t)

Silver grade
(g/t)

Contained gold
(koz)

Contained silver
(koz)

Effective date

Measured

 Marmato

  2.8

 6.20

 28

  562

  2,561

 June 30, 2021

Indicated

 Marmato

  54.0

 3.00

 7

 5,245

  11,285

 June 30, 2021

Indicated

 Soto Norte

  9.6

 5.47

 36

 1,691

  11,065

 May 22, 2019

Indicated

 Juby

  21.3

 1.13

 -

 733

  -

 July 14, 2020

Measured + Indicated

Total

 

 

 

  8,231

  24,911

 

Inferred

 Marmato

  30.8

 2.60

 3

 2,567

  3,282

 June 30, 2021

Inferred

 Soto Norte

  5.5

 4.06

 26

 714

  4,551

 May 22, 2019

Inferred

 Juby

  47.1

 0.98

 -

 1,488

  -

 July 14, 2020

Inferred

Total

 

 

 

  4,769

  7,833

 

Notes:

Mineral resource estimates were prepared under the supervision, or were reviewed by, Pamela De Mark, P.Geo, Vice President Exploration of Aris Gold, who is a Qualified Person as defined by National Instrument NI 43-101. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Mineral resource estimates are reported inclusive of mineral reserves. Totals may not add due to rounding. Mineral resource estimates for Soto Norte represent the portion of mineral resources attributable to Aris Gold based on its 20% ownership interest. Mineral resources were estimated using a gold price of USD$1,600 per ounce at Marmato, USD$1,300 per ounce at Soto Norte, and USD$1,450 per ounce at Juby.

Technical Reports

Technical reports for Marmato, Soto Norte, and Juby have been filed with the Canadian securities regulatory authorities and are available for review on Aris Gold’s website at www.arisgold.com and on the profile of Aris Gold Corporation on SEDAR at www.sedar.com.

Scientific and technical information concerning Marmato is summarized, derived, or extracted from the Marmato Technical Report entitled "Revised NI 43-101 Technical Report Pre-Feasibility Study Marmato Project Colombia" dated September 18, 2020 with an effective date of March 17, 2020. The Marmato Technical Report was prepared by Ben Parsons, MSc, MAusIMM (CP), Eric J. Olin, MSc Metallurgy, MBA, SME-RM, MAusIMM, Fernando Rodrigues, BS Mining, MBA, MAusIMM, MMSAQP, Jeff Osborn, BEng Mining, MMSAQP, Joanna Poeck, BEng Mining, SME-RM, MMSAQP, Fredy Henriquez, MS Eng, SME, ISRM, Breese Burnley, P.E., Cristian A Pereira Farias, SME-RM, David Hoekstra, BS, PE, NCEES, SME-RM, David Bird, PG, SME-RM, Mark Allan Willow, MSc, CEM, SME-RM, and Tommaso Roberto Raponi, P.Eng, each of whom is independent of the Company within the meaning of NI 43-101 and is a "Qualified Person" as such term is defined in NI 43-101.

Scientific and technical information concerning Soto Norte is summarized, derived, or extracted from the Soto Norte Technical Report entitled “NI 43-101 Technical Report Feasibility Study of the Soto Norte Gold Project, Santander, Colombia”, dated March 21, 2022 with an effective date of January 1, 2021. The Soto Norte Technical Report was prepared by Ben Parsons, MSc, MAusIMM (CP), Chris Bray, BEng, MAusIMM (CP), and Dr John Willis PhD, BE (MET), AusIMM (CP), and Dr Henri Sangam, Ph.D., P.Eng., each of whom is independent of the Company within the meaning of NI 43-101 and is a “Qualified Person” as such term is defined in NI 43-101. The report was also prepared by Robert Anderson, P.Eng., a Qualified Person who is considered non-independent of the Company.

Scientific and technical information concerning Juby is summarized, derived, or extracted from the Juby 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. The Juby Technical Report was prepared by Joe Campbell, B.Sc., P.Geo., Alan Sexton, M.Sc., P.Geo., Duncan Studd, M.Sc., P.Geo. and Allan Armitage, Ph.D., P.Geo., each of whom is independent of the Company within the meaning of NI 43-101 and is a "Qualified Person" as such term is defined in NI 43-101.