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Equinox Gold Greenstone Mine Official Opening

kent-jackson by kent-jackson
August 29, 2024
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Equinox Gold Greenstone Mine Official Opening
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Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) celebrates the official opening of its Greenstone Mine in Geraldton, Ontario. The event will be live-streamed at www.GreenstoneGoldMines.com starting at 11:00am ET. Greg Smith, President & CEO, highlighted the mine’s significance as one of Canada’s largest and lowest-cost gold producers.

The Greenstone Mine poured first gold on May 22, 2024, after beginning construction in October 2021. The mine’s ramp-up to commercial production has been impressive, with gold production increasing from 2,625 ounces in May to 19,750 ounces in July. As of August, average throughput has exceeded 60% of design capacity. This achievement comes after Equinox Gold acquired Orion Resource Partners’ 40% stake in May, becoming the sole owner of the mine.


08/29/2024 – 08:00 AM

Vancouver, British Columbia–(Newsfile Corp. – August 29, 2024) – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) today celebrates the official opening of its Greenstone Mine in Geraldton, Ontario. The event will be live streamed at www.GreenstoneGoldMines.com beginning at 11:00am ET and will include remarks from the mine’s Indigenous Partners, Government dignitaries and Equinox Gold’s leadership team.

Greg Smith, President & CEO 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% stake in the mine to become 100% 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% of design capacity during August to date.

Equinox Gold Contacts

About Equinox Gold

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. Equinox Gold’s common shares are listed on the TSX and the NYSE American under the trading symbol EQX. Further information about Equinox Gold’s portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at ir@equinoxgold.com.

Cautionary Statements

Additional Insight: Equinox Gold’s achievement in acquiring full ownership of the Greenstone Mine underscores the company’s commitment to expanding its presence in the gold production industry. By highlighting the successful ramp-up of gold production at the Greenstone Mine, Equinox Gold showcases its ability to efficiently operate and manage major mining projects.

Equinox Gold’s Forward-Thinking Strategy: The company’s focus on growth and expansion projects positions it favorably for long-term success in the mining sector. Equinox Gold’s clear path to achieving over one million ounces of annual gold production demonstrates its strong strategic vision and commitment to sustainable development.

FAQ



When did the Greenstone Mine (EQX) pour its first gold?


The Greenstone Mine poured its first gold on May 22, 2024.


What was the gold production at Greenstone Mine (EQX) in July 2024?


The Greenstone Mine produced approximately 19,750 ounces of gold in July 2024.


What percentage of design capacity has the Greenstone Mine (EQX) reached as of August 2024?


As of August 2024, the Greenstone Mine’s average throughput has exceeded 60% of its design capacity.


When did construction begin on the Greenstone Mine (EQX)?


Construction on the Greenstone Mine began in October 2021.


Where is the Greenstone Mine (EQX) located?


The Greenstone Mine is located in Geraldton, Ontario, Canada.



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Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) celebrates the official opening of its Greenstone Mine in Geraldton, Ontario. The event will be live-streamed at www.GreenstoneGoldMines.com starting at 11:00am ET. Greg Smith, President & CEO, highlighted the mine’s significance as one of Canada’s largest and lowest-cost gold producers.

The Greenstone Mine poured first gold on May 22, 2024, after beginning construction in October 2021. The mine’s ramp-up to commercial production has been impressive, with gold production increasing from 2,625 ounces in May to 19,750 ounces in July. As of August, average throughput has exceeded 60% of design capacity. This achievement comes after Equinox Gold acquired Orion Resource Partners’ 40% stake in May, becoming the sole owner of the mine.


08/29/2024 – 08:00 AM

Vancouver, British Columbia–(Newsfile Corp. – August 29, 2024) – Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) today celebrates the official opening of its Greenstone Mine in Geraldton, Ontario. The event will be live streamed at www.GreenstoneGoldMines.com beginning at 11:00am ET and will include remarks from the mine’s Indigenous Partners, Government dignitaries and Equinox Gold’s leadership team.

Greg Smith, President & CEO 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% stake in the mine to become 100% 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% of design capacity during August to date.

Equinox Gold Contacts

About Equinox Gold

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. Equinox Gold’s common shares are listed on the TSX and the NYSE American under the trading symbol EQX. Further information about Equinox Gold’s portfolio of assets and long-term growth strategy is available at www.equinoxgold.com or by email at ir@equinoxgold.com.

Cautionary Statements

Additional Insight: Equinox Gold’s achievement in acquiring full ownership of the Greenstone Mine underscores the company’s commitment to expanding its presence in the gold production industry. By highlighting the successful ramp-up of gold production at the Greenstone Mine, Equinox Gold showcases its ability to efficiently operate and manage major mining projects.

Equinox Gold’s Forward-Thinking Strategy: The company’s focus on growth and expansion projects positions it favorably for long-term success in the mining sector. Equinox Gold’s clear path to achieving over one million ounces of annual gold production demonstrates its strong strategic vision and commitment to sustainable development.

FAQ



When did the Greenstone Mine (EQX) pour its first gold?


The Greenstone Mine poured its first gold on May 22, 2024.


What was the gold production at Greenstone Mine (EQX) in July 2024?


The Greenstone Mine produced approximately 19,750 ounces of gold in July 2024.


What percentage of design capacity has the Greenstone Mine (EQX) reached as of August 2024?


As of August 2024, the Greenstone Mine’s average throughput has exceeded 60% of its design capacity.


When did construction begin on the Greenstone Mine (EQX)?


Construction on the Greenstone Mine began in October 2021.


Where is the Greenstone Mine (EQX) located?


The Greenstone Mine is located in Geraldton, Ontario, Canada.



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