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Maverix Metals (the “Company” or “Maverix”) (TSX-V: MMX) is pleased to provide guidance for 2018. The Company is expecting meaningful increases in both revenue and attributable gold equivalent production in 2018, its second full year of operation. 2018 Outlook The Company is forecasting the following for 2018: Attributable gold equivalent production is expected to be …
Maverix Metals (the “Company” or “Maverix”) (TSX-V: MMX) is pleased to provide guidance for 2018. The Company is expecting meaningful increases in both revenue and attributable gold equivalent production in 2018, its second full year of operation.
2018 Outlook
The Company is forecasting the following for 2018:
- Attributable gold equivalent production is expected to be 16,500 to 18,500 ounces;
- Revenue is expected to be CAD$26 to CAD$30 million; with
- Approximately 95% of total revenue expected to be from gold and silver.
In 2018, Maverix is expecting an increase of approximately 40% to 50% in attributable gold equivalent production as compared to 2017.