Aris Mining announces sale of Juby Gold Project to McFarlane Lake

Aris Mining (ARMN) and McFarlane Lake Mining announce the signing of a definitive asset purchase agreement for the sale of Aris Mining’s Juby Gold Project and related interests in Ontario, Canada. The total consideration is valued at US$22 million. The Juby Gold Project is an exploration-stage gold project located in the Shining Tree area of Ontario’s Abitibi greenstone belt. The transaction includes Aris Mining’s 100% interest in the Juby Gold Project and its 25% joint venture interest in the adjacent Knight property.