TSXV:ELE - Post Discussion
Post by
Betteryear2 on Apr 20, 2023 9:41am
Elemental Altus Royalties Announces 65% Increase in Guidance
Vancouver, 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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