viewMetalla Royalty & Streaming Ltd

Metalla Royalty and Streaming details production guidance extension in big update

Metalla Royalty and Streaming Ltd (CVE:MTA) CEO Brett Heath tells Proactive Investors the company has announced partner CBH Resources has updated its mine plan, adding 18 months of production to its previous plan at the Endeavor mine in Australia.

The new plan includes a forecast of 1.6mln silver ounces to be produced through December 2020. The second point Heath says he is excited about is the potential of the Deep Zinc Lode discovery zone, something that will be continually drilled, which has the potential to extend the mine life much further.

Quick facts: Metalla Royalty & Streaming Ltd

Price: 11.41 CAD

Market: TSX-V
Market Cap: $450.83 m

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Metalla Royalty & Streaming signs agreement with Morgan Stanley for royalty...

Metalla Royalty & Streaming Ltd (NYSE American: MTA-CVE: TSXV: MTA) President and CEO Brett Heath joined Steve Darling from Proactive with news Metalla has entered into a purchase and sale agreement with Morgan Stanley Capital Group to acquire an existing 27.5% price participation royalty...

on 21/9/20

2 min read