Maverix Metals Inc. announced production results for the first quarter of 2018. The company announced another strong quarter with attributable gold equivalent production of over 4,000
ounces for the first quarter of 2018.

Based on its existing royalties and streams, and given the strong production in the first quarter, the company is increasing its attributable gold equivalent production guidance for 2018 to 18,000 - 19,000 ounces, a 50% - 60% increase over 2017.

The company announced that production updates. Royalty and Stream Asset Updates: Silvertip: On March 8, 2018, Coeur Mining announced the commencement of production ahead of schedule at the Silvertip mine located in British Columbia. Coeur Mining expects to reach commercial production mid-year and ramp up to nameplate capacity of 1,000 metric tonnes per day in early 2019. The company expects to receive its first royalty payment from Coeur Mining in second quarter of 2018. Mt Carlton: Evolution Mining reported gold production of 25,850 ounces for the quarter ended March 31, 2018 at the Mt Carlton mine. On April 19, 2018, Evolution Mining reported an increase of resources, prior to mining depletion, at Mt Carlton of 225,000 gold ounces, largely due to the positive impact of infill drilling. The Definitive Feasibility Study for the Underground/Stage 4 pit continued during the quarter. Beta Hunt: RNC Minerals reported 13,780 ounces of gold mined in first quarter of 2018 at Beta Hunt, an 8% increase over fourth quarter of 2017 and the fourth consecutive quarter of increased mined gold production. RNC Minerals expects continued improvements in production volumes and grade in the second quarter of this year, with the commencement of production from the Western Flanks Central and AWF 14 Level stopes. Moose River Consolidated: Atlantic Gold reported gold production of 18,183 ounces in first quarter of 2018 at the Moose River Consolidated mine, including 8,810 ounces in March, the first full month since declaring commercial production on March 1st, 2018. Atlantic Gold announced that mill throughput and recoveries have exceeded design criteria and that the mine is on track to meet its annual production guidance of 82,000 - 90,000 ounces. Florida Canyon: Alio Gold reported that Institutional Shareholder Services and Glass Lewis, & Co., two leading proxy advisory firms, have recommended that both Alio Gold and Rye Patch shareholders vote FOR the plan of arrangement whereby Alio Gold will acquire all of the issued and outstanding shares of Rye Patch, at their special meetings of shareholders to be held on May 18, 2018. Alio Gold reported that its strong balance sheet provides the flexibility to support advancement of Rye Patch projects, specifically the potential for low-capital expansion to increase annual gold production at Florida Canyon. La Colorada: Subsequent to the end of the first quarter, La Colorada delivered 1,116 ounces of gold to the company, an increase of 89% over first quarter of 2018, and the highest quarterly delivery of gold to date. This production will be reflected in second quarter results. In the first quarter of 2018, the La Colorada mine operated above its nameplate capacity of 1,800 tonnes per day, following the successful completion of a major expansion program by Pan American Silver last year.