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Equinox Gold Corp (2)
Symbol EQX
Shares Issued 428,505,123
Close 2024-08-28 C$ 7.51
Market Cap C$ 3,218,073,474
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Equinox Gold opens Greenstone mine

2024-08-29 15:14 ET - News Release

Mr. Greg Smith reports

EQUINOX GOLD CELEBRATES OFFICIAL OPENING OF THE GREENSTONE MINE

Equinox Gold Corp. is celebrating the official opening of its Greenstone mine in Geraldton, Ont. The event will be live streamed on-line beginning at 11 a.m. ET and will include remarks from the mine's indigenous partners, government dignitaries and Equinox Gold's leadership team.

Greg Smith, president and chief executive officer of Equinox Gold, commented: "Today is a pivotal milestone for Equinox Gold. After almost three years of construction and commissioning, the Greenstone mine is now a reality and will be a cornerstone asset for our company as one of Canada's largest and lowest-cost gold producers. There are too many people to thank individually, but I specifically want to thank our local indigenous, community and Ontario government partners who have worked collaboratively and supported us through this journey; our joint venture partner, Orion Resource Partners, who worked with us until May this year when we acquired their 40-per-cent stake in the mine to become 100-per-cent owners; our employees, contractors and suppliers who enabled us to construct the mine on time and on budget, a remarkable feat given inflationary and COVID pressures; and our board of directors and entire Equinox Gold family for their steadfast support of the project."

The Greenstone mine poured first gold on May 22, 2024, after beginning construction in October, 2021. The mine continues its ramp-up to commercial production, having poured approximately 2,625 ounces in May, 13,625 ounces in June and 19,750 ounces in July, with average throughput exceeding 60 per cent of design capacity during August to date.

About Equinox Gold Corp.

Equinox Gold is a growth-focused Canadian mining company operating entirely in the Americas, with eight producing gold mines and a clear path to achieve more than one million ounces of annual gold production from a pipeline of expansion projects.

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