Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM)
announced record quarterly revenue of US$57.5 million for the first quarter of 2024, which represented record
quarterly metal sales of 27,794 gold equivalent ounces1
(“GEOs”). All dollar amounts are expressed in US dollars.
“Triple Flag achieved a new quarterly GEOs sales record to start the year, with the Company well on track to deliver
2024 GEOs sales guidance of 105,000 to 115,000 ounces. The portfolio continued its eight-year track record of
delivery, with a nearly 90% quarter-on-quarter increase in GEOs sales from Northparkes, in line with our guidance
for a stronger 2024 due to the higher gold-grade E31 and E31N open pits, which drove substantial sales growth
from our flagship asset,” commented Shaun Usmar, CEO. “We are also pleased to embark on a new partnership
with Coeur Mining, with the commencement of payments on our royalty on the Kensington gold mine in Alaska,
which we acquired as part of the Maverix transaction last year.”
Preliminary Q1 2024 GEOs Sold and Revenue
GEOs Sold and Revenue by Commodity2
Q1 2024
GEOs Sold Revenue ($M)
Gold 17,646 36.5
Silver 9,485 19.6
Other 663 1.4
Total 27,794 57.5

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