Mr. Neil Woodyer reports
ARIS MINING REPORTS SAFE RECOVERY OF ALL WORKERS AT SEGOVIA PARTNER MINE
All 23 workers who were underground at the time of the La Reliquia mine shaft collapse have been safely brought to surface, including five Aris Mining Corp. employees conducting a routine monthly review of La Reliquia's operations.
Aris Mining's brigade of prevention and emergency control responded immediately, leading the operation to a safe and injury-free conclusion.
Neil Woodyer, chief executive officer, commented: "We are relieved and grateful that all workers are now safely at surface. I commend our rescue team and La Reliquia's work force for their professionalism, dedication and swift response. We also thank the families and local community for their patience and trust during this difficult time."
The La Reliquia mine has been a partner to the Segovia operations since 2014 and contributes a small portion of mill feed to Segovia's overall production. The incident did not impact regular operations at Segovia.
About Aris Mining
Corp.
Founded in September, 2022, Aris Mining was established with a vision to build a leading Latin America-focused gold mining company. The company's strategy blends current production and cash flow generation with transformational growth driven by expansions of its operating assets, exploration and development projects. Aris Mining intends to unlock value through scale and diversification. The company is listed on the Toronto Stock Exchange and the New York Stock Exchange, and is led by an experienced team with a record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry.
Aris Mining operates two underground gold mines in Colombia: the Segovia operations and the Marmato complex, which together produced 210,955 ounces of gold in 2024. With expansions under way, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold, following the commissioning of the second mill at Segovia, completed in June and ramping up during H2 (second half) 2025, and the construction of the bulk mining zone at the Marmato complex, expected to start ramping up production in H2 2026. In addition, Aris Mining operates the 51-per-cent owned Soto Norte joint venture, where a prefeasibility study (PFS) study is complete on a new, smaller-scale development plan, which confirms Soto Norte as a high-quality, long-life project with robust economics and industry-leading environmental and social design features. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new preliminary economic assessment (PEA) is under way.
Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the country's dynamic small-scale mining sector. With these partnerships, Aris Mining enables safe, legal and environmentally responsible operations that benefit both local communities and the industry.
We seek Safe Harbor.
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