Aris Mining continues ramp of Segovia operations

Executive Summary

• The second mill at Segovia was commissioned on time and within budget in late June 2025, boosting processing capacity by 50% to 3,000 tpd.
• July‑August 2025 average milling rate rose to 2,415 tpd (up from 1,971 tpd YoY), with several days reaching the full 3,000 tpd design capacity.
• Year‑to‑date gold production reached 161,168 oz (including Marmato Narrow vein zone), keeping the company on track to meet its 2025 guidance of 230,000–275,000 oz.

Key Details

• Second Mill Commissioning: Completed late June 2025; on schedule and within budget; increased installed capacity from 2,000 tpd to 3,000 tpd (+50%).
• Milling Throughput: July‑August average 2,415 tpd vs. 1,971 tpd for the six months ended June 30 2025; August saw multiple days at ~3,000 tpd.
• Processed Gold Grade: Averaged 10.02 g/t Au in July‑August, indicating maintained grade despite higher throughput.
• Segovia Production (YTD to Aug 31 2025): 141,893 oz total; 42,817 oz produced in July‑August alone.
• Marmato Narrow Vein Contribution: Additional 4,936 oz in July‑August, bringing consolidated YTD production to 161,168 oz.
• Guidance Alignment: Company remains on track for full‑year 2025 production guidance of 230,000–275,000 oz.

Notable Quotes

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