Triple Flag to Fund $84.3 Million Gold and Silver Stream at Northparkes E44 Deposit

Reuters
Feb 11
Triple Flag to Fund $84.3 Million Gold and Silver Stream at Northparkes E44 Deposit

Triple Flag Precious Metals Corp. has announced an agreement with Evolution Mining Limited to provide US$84.3 million in funding for the development of the gold-dominant E44 open pit deposit at the Northparkes mine. Under the terms, Evolution will guarantee deliveries of at least 45,052 ounces of gold and 446,200 ounces of silver from the E44 deposit between 2030 and 2037. Triple Flag will have the right to purchase 20% of payable gold and 30% of payable silver from this deposit at 10% of the spot price. The project also includes exploration potential and infrastructure development in a highly prospective area, alongside Evolution’s plans to expand processing capacity at Northparkes from 7.5 million to 10 million tonnes per annum.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Triple Flag Precious Metals Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260210922839) on February 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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