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Elemental Altus Royalties Corp V.ELE

Alternate Symbol(s):  ELEMF

Elemental Altus Royalties Corp. is a Canada-based precious metals royalty company. The Company has about 10 producing royalties and a diversified portfolio of pre-production and discovery stage assets. The Company is focused on acquiring uncapped royalties and streams over producing, or near-producing, mines operated by established counterparties, as well as generating royalties on new discoveries. The Company’s portfolio includes Karlawinda, Caserones, Wahgnion, Ming, Bonikro, Mercedes, Ballarat, Amancaya, South Kalgoorlie, Mt. Pleasant, and Pre-Production Royalties. The Karlawinda Gold Project is located in the Pilbara region of Western Australia, over 70 kilometers by road southeast of the town of Newman. The Caserones mine is situated in the Atacama region of Northern Chile. The Wahgnion mine is located southwest of Burkina Faso. The Bonikro open-pit gold mine is located in Cote d'Ivoire, approximately 230 kilometers northwest of Abidjan.


TSXV:ELE - Post by User

Post by Betteryear2on Apr 20, 2023 9:41am
143 Views
Post# 35404969

Elemental Altus Royalties Announces 65% Increase in Guidance

Elemental Altus Royalties Announces 65% Increase in GuidanceVancouver, British Columbia--(Newsfile Corp. - April 20, 2023) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or "the Company") announces 2023 guidance of between 9,000 to 10,200 Gold Equivalent Ounces ("GEOs") representing at its midpoint an approximate 65% increase on the 5,800 GEOs received in 2022. At a US$1,800 per ounce average realized gold price and US$3.75 per pound of copper, this guidance would provide the Company with 2023 revenue of approximately US$16.2 million to US$18.4 million1 with approximately 70% attributable to gold and 30% to copper.

Elemental Altus Royalties Announces 65% Increase in Guidance for 2023 (newsfilecorp.com)
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