Vancouver, British Columbia--(Newsfile Corp. - November 6, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ('Equinox Gold' or the 'Company') is pleased to announce that based on the operating
Vancouver, British Columbia-- - Equinox Gold Corp. is pleased to announce that based on the operating progress achieved through October, its Greenstone Mine in Ontario, Canada has reached commercial production.
During Q3, the Greenstone Mine processed an average of 14,300 tonnes per day , representing 53% of design throughput, producing 42,400 ounces of gold at an average recovery rate of 79% and a cash cost of US$930 per ounce. The average throughput during the quarter includes three multi-day shutdowns to address issues identified during the ramp-up process.
Equinox Gold is a growth-focused Canadian mining company with seven operating gold mines and a 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 [email protected].
Non IFRS Measures. This news release refers to cash costs which measure has no standardized meaning under IFRS and may not be comparable to similar measures presented by other companies. Their measurement and presentation is consistently prepared and is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
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