# ARIS MINING TO ACQUIRE REMAINING 49% OF SOTO NORTE, SECURING 100% OWNERSHIP AND ADVANCING A CLEAR PATH TO 1 Moz/year

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/aris-mining-to-acquire-remaining-49-of-soto-norte-securing-100-ownership-and-adv--bf78947e-3a77-4586-92f5-aed2af966978

Original source: https://money.tmx.com/en/quote/ARIS/news/4809879112474494/aris-mining-to-acquire-remaining-49-of-soto-norte-securing-100-ownership-and-adv

Publisher: tmx

Original announcement: 2025-11-20T12:58:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Aris Mining Corporation

- Ticker: ARIS

- Exchange: TSX

- Region: Colombia

- Primary commodity: Gold

- Secondary commodities: Silver, Copper

- Document categories: Agreement transaction, Resource update

- Extracted: 2026-08-24 23:03:32 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Aris Mining has entered a binding term sheet to acquire the remaining 49% interest in the Soto Norte joint venture in Colombia for US$80 million. This transaction secures 100% ownership of the high-grade underground gold project, significantly increasing the company's total attributable gold reserves and resources.

Reasoning: The acquisition of 100% ownership of Soto Norte is a highly accretive strategic move that significantly increases the company's gold reserve and resource base.

- Positive factor: Acquisition of remaining 49% interest in Soto Norte

- Positive factor: Significant increase in attributable gold reserves and resources

- Positive factor: Accretive transaction on a per-share basis

- Positive factor: Path to 1 Moz/year production scale

Facts used in scoring: 7

## Classification and evidence

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Pamela De Mark, P.Geo, is named as the Qualified Person who approved the technical information.

Evidence · text

> approved by Pamela De Mark , P.Geo, Senior Vice President Geology and Exploration of Aris Mining, who is a Qualified Person

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The release explicitly states technical information is based on NI 43-101 compliant technical reports.

Evidence · text

> based upon information included in the following documents and NI 43-101 compliant technical reports

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
