Latest news with #EquinoxGold
Globe and Mail
a day ago
- Business
- Globe and Mail
This is Why Analysts are Calling for $4000 Gold
Gold prices could easily rally to $4,000 by 2026, creating substantial opportunity for stocks, such as Equinox Gold Corp. (NYSE: EQX) (TSX: EQX), Newmont Corporation (NYSE: NEM) (TSX: NGT), Franco Nevada Corp. (NYSE: FNV) (TSX: FNV), Alamos Gold (NYSE: AGI) (TSX: AGI) and Barrick Gold (NYSE: B) (TSX: ABX). In fact, analysts at Goldman Sachs and JPMorgan say it could happen by the middle of next year. Fueling a good deal of momentum, China is still aggressively buying physical gold as it's done for the last three years. In June, China's central bank bought another 70,000 troy ounces of gold in June, bringing its total reserves to 73.9 million ounces. And, according to 'there's growing speculation that the country may be purchasing even more of the metal in secret as part of a strategy to reduce its reliance on the U.S. dollar.' For 2025, analysts at CIBC expect for the metal to test $3,600 an ounce in the second half. All thanks to expectations for lower interest rates, geopolitical uncertainty, and central banks. 'We continue to expect a positive macroeconomic setup for gold,' said CIBC, as quoted by 'We believe [US] rate cuts are likely and it's a matter of 'when and how fast', and not 'if.' Geopolitical tensions in the Middle East and Russia remain elevated. All this uncertainty has led to the acceleration of de-dollarization, supporting gold prices.' Again, it's all having a substantial impact on gold stocks. Look at Equinox Gold Corp. (NYSE: EQX) (TSX: EQX), For Example Equinox Gold's acquisition of Calibre Mining created an Americas-focused diversified gold producer with a portfolio of operating mines in five countries anchored by two high-quality, long-life, low-cost Canadian gold mines. Equinox also just announced a leadership transition. Greg Smith has stepped down as Chief Executive Officer and Director, and Darren Hall, current President and Chief Operating Officer, has been appointed Chief Executive Officer and Director effective immediately. Darren is a proven executive with a long history of mining industry experience who previously served as Calibre Mining's President & Chief Executive Officer from 2021 through to the transaction with Equinox Gold. Concurrent with this transition, David Schummer, formerly Executive Vice President, Operations, has been appointed Chief Operating Officer of Equinox Gold. Ross Beaty, Chair of Equinox Gold, commented: 'Greg is a founding executive and shareholder of Equinox Gold whose leadership and strategic vision have been instrumental in growing the Company from concept into the multi-asset, multi-billion-dollar gold producer it is today. I want to sincerely thank Greg personally, and on behalf of the Board of Directors, for his vision, dedication, and leadership.' Greg Smith stated: 'This is a natural transition point. I'm extremely proud of what we have accomplished since founding Equinox Gold in 2017, having built the Company into a leading gold producer with operations across the Americas and a clear pathway to producing over one million ounces annually. With the recent successful integration of Calibre Mining and key assets like Greenstone ramping up and Valentine moving into production, the Company is well positioned to evolve from growth through acquisition and construction to disciplined execution and operational excellence. It is the right time for a proven operator like Darren to take the helm. He brings the leadership, focus, and operational expertise to optimize this expanded portfolio and unlock its full potential. It has been an honour and privilege to work alongside the talented Equinox Gold team, Ross Beaty, and our board to build this outstanding Company.' Darren Hall brings 40 years of global mining experience with a consistent track record of operational excellence and value creation. As President and Chief Executive Officer of Calibre Mining, he significantly increased production, lowered costs, and drove disciplined capital allocation, delivering strong free cash flow and exceptional shareholder returns. Under his leadership, Calibre transformed into a high-performing gold producer, culminating in its successful merger with Equinox Gold in June 2025. Previously, Darren was Chief Operating Officer at both Kirkland Lake Gold and Newmarket Gold and earlier spent nearly three decades with Newmont Corporation in a series of progressively senior roles. Across all organizations, he has demonstrated a strong commitment to safety, cost discipline, and long-term business performance. Darren Hall, President & Chief Executive Officer added: 'I'm honoured to lead Equinox Gold at such a pivotal moment in the Company's evolution and I'm excited to work alongside our talented team to unlock the full potential of Equinox Gold's exceptional portfolio. Our focus will be on disciplined execution, operational excellence, and delivering consistent, reliable performance as we enter this next phase of growth and optimization, building on the solid foundations Greg and his team have established. This leadership transition marks Equinox Gold's evolution from a high-growth consolidator to a top-tier global gold producer, anchored by Greenstone and Valentine, both high-quality, long-life assets.' David Schummer has over 35 years of mining industry experience working in the U.S., Canada, Peru, Indonesia, West Africa and the Middle East. He is a proven executive leader of large-scale mining companies focused on building a strong health and safety culture and value creation through mining efficiencies. Prior to joining Calibre as COO, David was the COO for Perseus Mining, and prior to that he was the President of Ma'aden Gold and Base Metals (MGBM) and was the Chairman of the Board for both MGBM and Ma'aden Barrick Copper Company. David previously held the role of Executive Vice President & COO at New Gold Inc. and also spent 22 years at Newmont Corporation. Other related developments from around the markets include: Newmont will release its second quarter 2025 results after North American markets close on Thursday, July 24, 2025. A conference call to discuss the results will be held at 5:30 p.m. Eastern Daylight Time the same day, which is 7:30 a.m. Australian Eastern Standard Time on Friday July 25, 2025. A replay of the webcast will be available through the Company's website. The company also published its 2024 Sustainability Report and its 2024 Taxes & Royalties Contribution Report emphasizing the company's environmental, social and governance (ESG) performance and fiscal transparency over the past year. Franco Nevada announced that it has entered into an agreement to acquire an existing royalty package on the Co^te´ Gold Mine in Ontario from a private third party for total cash consideration of $1,050 million. The royalty package consists of a 7.5% gross margin royalty on the Co^te´ Gold Mine. The Royalty applies, on a 100% basis, to mineral production from the Chester 1, 2 & 3 claims which cover all of the Mineral Reserves and over 99.9% of current Mineral Resources on the Co^te´ Gold Mine. Royalty deductions include cash operating costs and exclude all capital, exploration, depreciation and other non-cash costs. The Co^te´ Gold Mine is operated through an unincorporated joint venture by IAMGOLD Corporation and is owned by IAMGOLD (70%) and Sumitomo Metal Mining Co. Ltd. (30%). The Co^te´ Gold Mine is one of the newest, large scale, and most modern gold mines to be built in Canada with an already extensive gold Mineral Resource base of more than 16 million ounces of Measured and Indicated Mineral Resources and 4 million ounces of Inferred Mineral Resources. Please refer to the Co^te´ Gold Mine Royalty Acquisition presentation on our website dated May 27, 2025 for additional information. Alamos Gold reported results of the Base Case Life of Mine Plan completed on the Island Gold District operation, located in Ontario, Canada. The Base Case LOM Plan integrates Island Gold and Magino as one consolidated long-life operation that is expected to become one of the largest, lowest-cost, and most profitable gold mines in Canada. An Expansion Study is expected to be released in the fourth quarter of 2025 detailing the significant upside potential within the Island Gold District beyond the Base Case LOM Plan. The Base Case LOM Plan has been updated to reflect the current costing environment, significant growth in Mineral Reserves at Island Gold, operating savings resulting from the use of a larger and more efficient Magino mill, and scope changes since the Phase 3+ Expansion Study ('Phase 3+ Study'), which was completed in 2022. The Base Case LOM Plan includes Mineral Reserves only at Island Gold and Magino. Five years after its formation, the Twiga partnership between Barrick Mining Corporation and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country's future. 'When we established Twiga, it was about more than just resolving legacy issues. It was about building a new future by unlocking Tanzania's gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders. Five years on, we've not only re-established Barrick as the sector's leading economic contributor but have also earned national recognition across a range of areas from safety and local content to education and infrastructure,' Barrick president and chief executive Mark Bristow said. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Calibre Mining Corp. by Calibre Mining Corp. We own ZERO shares of Calibre Mining click here for disclaimer. Contact: Ty Hoffer Winning Media 281.804.7972
National Post
15-07-2025
- Business
- National Post
Generation Mining Appoints Kyle Kuntz to Board of Directors Strengthening Development and Construction Expertise
Article content TORONTO — Generation Mining Limited (TSX:GENM)(OTCQB: GENMF) (' Generation Mining ' or the ' Company ') is pleased to announce the appointment of Kyle Kuntz to its Board of Directors. Article content Mr. Kuntz is a mining project executive with over a decade of experience leading large-scale mining developments across North America. He currently holds the position of Vice President, Projects at Equinox Gold Corp. Before joining Equinox, he served as Director, Projects at Marathon Gold Corp., where he remained through its acquisition by Calibre Mining and the subsequent merger with Equinox. During his tenure at Calibre, he was responsible for overseeing the construction of the Valentine Gold Project. Earlier in his career, he held key roles with JDS Energy & Mining Inc., the Nuna Group of Companies, and Stantec. Mr. Kuntz brings deep expertise in transforming mineral projects from feasibility studies into operational assets, with a focus on project management, engineering leadership, procurement strategies, and construction execution. Article content Article content 'We are delighted to welcome Kyle to our Board of Directors,' said Kerry Knoll, Chairman of Generation Mining. 'His leadership at the Valentine Gold Project and his deep understanding of the technical, regulatory, and stakeholder engagement processes will strengthen our Board as we advance our Marathon Copper-Palladium Project toward construction. His hands-on experience guiding a major Canadian mining project through construction brings added technical capacity to our Board as Generation Mining enters its next phase of growth.' Article content 'I'm excited to join the Generation Mining Board and contribute to the advancement of the Marathon Project,' said Mr. Kuntz. 'With the growing importance of critical minerals like copper and palladium, this project is strategically positioned to play a key role in Canada's resource future.' Article content About the Company Article content Generation Mining's focus is the development of the Marathon Project, a large undeveloped copper-palladium deposit in Northwestern Ontario. The Marathon Property covers a land package of approximately 26,000 hectares, or 260 square kilometers. Generation Mining is dedicated to fostering a greener future by promoting sustainability, empowering communities, and delivering value to our stakeholders. Article content The Feasibility Study (the ' Technical Report ') estimated a Net Present Value (using a 6% discount rate) of C$1.07 billion, an Internal Rate of Return of 28%, and a 1.9-year payback based on the 3-yr trailing average metal prices at the effective date of the Technical Report. Over the anticipated 13-year mine life, the Marathon Project is expected to produce 2,161,000 ounces of palladium, 532 million lbs of copper, 488,000 ounces of platinum, 160,000 ounces of gold and 3,051,000 ounces of silver in payable metals. For more information, please review the Feasibility Study filed under the Company's profile at or on the Company's website at Article content Qualified Person Article content The scientific and technical content of this news release has been reviewed and approved by Daniel Janusauskas, Technical Services Manager of Generation PGM Inc., a wholly-owned subsidiary of the Company, and a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 Standards of Disclosure for Mineral Projects. Article content Forward-Looking Information Article content This news release contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as 'forward-looking statements)'. Forward-looking statements reflect current expectations or beliefs regarding future events or the Company's future performance. All statements other than statements of historical fact are forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'continues', 'forecasts', 'projects', 'predicts', 'intends', 'anticipates', 'targets' or 'believes', or variations of, or the negatives of, such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'should', 'might' or 'will' be taken, occur or be achieved, including statements relating to the Article content including statements relating to projected capital and operating costs (including the AISC); the timing and volume of payable metal production and revenues; and the economic analysis and results (including NPVs and payback periods). Article content Although the Company believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the statements. There are certain factors that could cause actual results to differ materially from those in the forward-looking information. These include the timing for a construction decision; the progress of development at the Marathon Project, including progress of project expenditures and contracting processes, the Company's plans and expectations with respect to liquidity management, continued availability of capital and financing, the future prices of palladium, copper and other commodities, permitting timelines, exchange rates and currency fluctuations, increases in costs, requirements for additional capital, and the Company's decisions with respect to capital allocation, inflation, global supply chain disruptions, global conflicts, including the wars in Ukraine and Israel, the project schedule for the Marathon Project, key inputs, staffing and contractors, continued availability of capital and financing, uncertainties involved in interpreting geological data and the accuracy of mineral reserve and resource estimates, environmental compliance and changes in environmental legislation and regulation, the Company's relationships with Indigenous communities, results from planned exploration and drilling activities, local access conditions for drilling, and general economic, market or business conditions, as well as those risk factors set out in the Company's annual information form for the year ended December 31, 2024, and in the continuous disclosure documents filed by the Company on SEDAR+ at Article content Article content . Article content Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date or dates specified in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. For more information on the Company, investors are encouraged to review the Company's public filings on SEDAR+ at Article content Article content Article content Article content Article content Contacts Article content For further information please contact: Article content
Yahoo
15-07-2025
- Business
- Yahoo
Equinox Gold Publishes 2024 Sustainability Report
Organized the Ride to Greenstone cycling relay from Vancouver, BC to Geraldton, ON, celebrating the opening of our new Greenstone Mine and raising C$1.24 million for the Geraldton District Hospital and over C$200,000 for local charities at our United States and Brazil mines Invested in our people, with continuation of our Leadership Academy in Brazil and launch of our new Emerging Leader Program in North America Invested in our communities, with 96% of total procurement spend remaining within host countries and 16% directed to local suppliers (up from 14% in 2023) Celebrated eight years without a lost-time injury ("LTI") at Mesquite and recorded zero LTIs at Greenstone and Castle Mountain in 2024, with a Company-wide LTI frequency rate of 0.49 per million hours worked (target 0.61) Advanced several water stewardship initiatives, including implementation of dry stack tailings and maintenance of a freshwater reservoir at our RDM Mine to serve both the mine and local communities Demonstrated best practices in tailings and heap leach management, with zero tailings or heap leach-related environmental or safety incidents Greg Smith, CEO of Equinox Gold, commented: "Responsible mining is foundational to how we operate at Equinox Gold. ESG principles are central to our culture, our business strategy, and the decisions we make each day. In 2024, we made meaningful progress on several fronts: improving our environmental performance, advancing water stewardship projects, increasing our social investments, and enhancing initiatives focused on ethical governance and transparency. We also expanded training, leadership and health and well-being programs for our workforce to ensure our team has the skills to work safely and thrive in their workplace. I am proud of our team's dedication to each other and to upholding our responsible mining commitments." Vancouver, British Columbia--(Newsfile Corp. - July 15, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce the publication of its 2024 Sustainability Report. Informed by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks, the report provides a comprehensive overview of the Company's performance and progress across key environmental, social and governance (ESG) topics, including safety, environmental stewardship, community engagement and ethical business practices. The report and detailed GRI and SASB data tables are available for review and download on Equinox Gold's website at . Story Continues Governance Upheld human rights across our organization, including human rights risk assessments, workforce ethics training and publishing our first Modern Slavery Report Achieved 100% acknowledgment of Equinox Gold's Supplier Code of Conduct from over 4,000 active suppliers Tied 8% of executive incentive compensation to ESG metrics Formalized a Company-wide Equity, Diversity and Inclusion strategy underpinned by four pillars: inclusive leadership, inclusive culture, workforce diversity and equity in practice, all committed to a merit-based workplace grounded in fairness and equity to empower our diverse workforce and drive innovation 2025 ESG PRIORITIES Continue to improve our health and safety and environmental performance Implement the objectives detailed in our Human Resources and Equity, Diversity and Inclusion strategic roadmaps Complete external assurance of the World Gold Council's Responsible Gold Mining Principles at two sites Complete training on Equinox Gold's Social Management Standards at all sites Implement a new Enterprise Risk Management system to improve risk management efficiency, data accessibility and reporting More information about Equinox Gold's 2024 performance, 2025 targets and commitments to responsible mining is available in the reports and other disclosure on our website at Equinox Gold Contact Ryan King Senior Vice President, Capital Markets and Strategy T: +1 778.998.3700 E: E: ir@ Cautionary Notes This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "Forward-looking Information"). Actual results of operations and the ensuing financial results may vary materially from the amounts set out in any Forward-looking Information. Forward-looking Information in this news release relate to, among other things: the ESG objectives and priorities, including expectations for the Company's health, safety and environmental performance. Forward-looking Information is generally identified by words such as "target", "ensure", "continue", "develop", "commitment" and similar expressions and phrases or statements that certain actions, events or results "may", "could", or "should", or the negative connotation of such terms, are intended to identify Forward-looking Information. Although the Company believes that the expectations reflected in such Forward-looking Information are reasonable, undue reliance should not be placed on Forward-looking Information since the Company can give no assurance that such expectations will prove to be correct. The Company has based Forward-looking Information on the Company's current expectations and projections about future events and these assumptions include: the Company's ability to comply with environmental, health and safety laws or other requirements, standards or protocols; and the Company's ability to meet its ESG objectives, priorities and targets. While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Accordingly, readers are cautioned not to put undue reliance on Forward-looking Information contained in this news release. Forward-looking Information involves numerous risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such Forward-looking Information. Such factors include those described in the section "Risk Factors in in the Company's MD&A dated March 13, 2025 for the year ended December 31, 2024, and in the section titled "Risks Related to the Business" in Equinox Gold's most recently filed Annual Information Form which is available on SEDAR+ at and on EDGAR at Forward-looking Information reflects management's current expectations for future events and is subject to change. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any Forward-looking Information contained or incorporated by reference to reflect actual results, future events or developments, changes in assumptions or other factors affecting Forward-looking Information. If the Company updates any Forward-looking Information, no inference should be drawn that the Company will make additional updates with respect to those or other Forward-looking Information. All Forward-looking Information contained in this news release is expressly qualified by this cautionary statement. To view the source version of this press release, please visit
Yahoo
15-07-2025
- Business
- Yahoo
Equinox Gold (EQX) Announced Production Results for Q2 2025
Equinox Gold Corp. (NYSEAMERICAN:EQX) is one of the . On July 8, Equinox Gold Corp. (NYSEAMERICAN:EQX) announced production results for Q2 2025 and provided updates on its Valentine and Greenstone gold mines in Canada. In Q2, Equinox Gold Corp. (NYSEAMERICAN:EQX) produced 219,122 ounces of gold. This includes 51,274 ounces from the Greenstone mine in Ontario and 72,823 ounces from Calibre's assets. On a year-to-date basis, the production reached 401,211 ounces, excluding some other assets. The company had $406 million in cash, positioning it well for future growth. Aerial view of a large-scale gold mine, showing the extent of the company's operations. In addition, Equinox Gold Corp. (NYSEAMERICAN:EQX) also completed a merger with Calibre Mining, adding a second high-quality Canadian gold mine to its portfolio. Management noted that the Greenstone mine is ramping up production, and Equinox Gold expects continued improvements in the second half of 2025. Meanwhile, the Valentine Gold Mine in Newfoundland and Labrador is progressing on schedule. The company expects to process the first ore through the mill by late August, with the first gold production about a month later. Equinox Gold Corp. (NYSEAMERICAN:EQX) is a gold mining company that operates mines in five countries. While we acknowledge the potential of EQX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Equinox Gold Reports Second Quarter 2025 Gold Production of 219,122 Ounces
Greenstone Gold Mine Expecting Stronger H2, Valentine Gold Mine on TrackCanadian Cornerstone Assets Mark Inflection in Production Scale and Future Cash Flow Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce production results for the three months ("Q2") ended June 30, 2025, along with an update on construction and commissioning progress at its Valentine Gold Mine ("Valentine") in Newfoundland & Labrador, Canada, and ramp-up at its Greenstone Gold Mine ("Greenstone") in Ontario, Canada. All financial figures are in US dollars, unless otherwise indicated. Greg Smith, CEO of Equinox Gold, commented: "Equinox Gold is at an important inflection point following the successful completion of the business merger with Calibre Mining and the updating of 2025 guidance. The transaction with Calibre Mining added a second high-quality, long-life Canadian gold mine to our portfolio and strengthened the leadership team, with Darren Hall bringing his operational expertise as President and COO. Additionally, new senior executives add extensive operating, technical and capital markets knowledge to the Equinox Gold team, and four new directors bring decades of experience to our Board. "With Greenstone continuing to ramp up we expect a strong second half of the year and with Valentine on track that positive momentum will continue into 2026. With $406 million in cash and growing production from two new long-life Canadian gold mines, the Company is well positioned to unlock significant long-term value." Darren Hall, President & COO of Equinox Gold, commented: "Our updated 2025 consolidated guidance of 785,000 to 915,000 ounces provides a solid foundation to build market momentum as we focus on operational excellence and deliver into expectations. The integration of assets and personnel is well underway, ensuring clarity in roles, responsibilities and accountabilities across all functions. "Total consolidated Q2 production delivered 219,122 ounces including 51,274 ounces from Greenstone and 72,823 ounces from the Calibre Mining assets, consistent with expectations. We are implementing a comprehensive Greenstone improvement plan, commencing with the deployment of additional human capital. We are expecting continued improvements through the second half of the year. "Valentine is progressing well, and we anticipate first ore through the mill during late August, with first gold approximately a month later. Given the seasoned construction and operating team who have significant commissioning experience, we anticipate an effective ramp up through year end and into Q1 2026." Highlights Completed the business combination with Calibre Mining, creating a major Americas-focused diversified gold producer anchored by two high-quality, long-life Canadian gold mines Consolidated year to date gold production of 401,211 ounces, excluding Los Filos and Castle Mountain Q1: 182,089 ounces, including 44,449 ounces from Greenstone and 71,539 ounces from the Calibre assets Q2: 219,122 ounces, including 51,274 ounces from Greenstone and 72,823 ounces from the Calibre assets Cash and equivalents of $406 million at June 30, 2025 Valentine on schedule and forecast for first ore through the mill during late August Exploring across the portfolio with 250,000 metres of discovery and resource expansion drilling underway Discovery drilling at the Valentine Gold Mine: drilling at the Frank Zone has been traced over 1 kilometre along strike and 500 metres deep; results include: 2.43 grams per tonne ("g/t") gold over 172.8 metres estimated true width ("ETW"), including 3.84 g/t gold over 90.1 metres ETW, 2.12 g/t gold over 95.4 metres ETW, 2.26 g/t gold over 78.3 metres ETW, 3.08 g/t gold over 48.2 metres ETW and 1.94 g/t gold over 36.4 metres ETW (see Calibre Mining news release dated February 11, 2025) Valentine Update Final plant commissioning well underway First ore through the plant by the end of August All operations leadership positions fully staffed Valentine Primary Conveyor and Stockpile Building (June 2025) To view an enhanced version of this graphic, please visit: Valentine Mining Activity (June 2025) To view an enhanced version of this graphic, please visit: Valentine SAG and Ball Mill (June 2025) To view an enhanced version of this graphic, please visit: Valentine Process Plant (June 2025) To view an enhanced version of this graphic, please visit: Q2 2025 Conference Call DetailsEquinox Gold will release its unaudited financial and operating results for the three and six months ended June 30, 2025, on Wednesday, August 13, 2025, after market close. The Company will host a conference call and webcast to discuss the results the following morning on Thursday, August 14, 2025, commencing at 7:30am PT (10:30am ET). The webcast will be available for replay on Equinox Gold's website until February 14, 2026. Conference callToll-free in U.S. and Canada: 1-833-752-3366International callers: +1 647-846-2813 Webcast loginEquinox Gold | Financials Qualified PersonThe scientific and technical information contained in this news release was approved by David Schonfeldt, P. Geo., VP Mine Geology for Equinox Gold and a "Qualified Person" under National Instrument 43-101. About Equinox Gold Equinox Gold (TSX: EQX) (NYSE American: EQX) is a Canadian mining company positioned for growth with a strong foundation of high-quality, long-life gold operations in Canada and across the Americas, and a pipeline of development and expansion projects. Founded and chaired by renowned mining entrepreneur Ross Beaty and guided by a seasoned leadership team with broad expertise, the Company is focused on disciplined execution, operational excellence and long-term value creation. Equinox Gold offers investors meaningful exposure to gold with a diversified portfolio and clear path to growth. Learn more at or contact ir@ Equinox Gold ContactRyan KingSenior Vice President, Capital Markets and StrategyT: 778.998.3700E: E: ir@ Cautionary Notes & Forward-looking InformationThis news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation and may include future-oriented financial information or financial outlook information (collectively "Forward-looking Information"). Actual results of operations and the ensuing financial results may vary materially from the amounts set out in any Forward-looking Information. Forward-looking Information in this news release relates to, among other things: the strategic vision for the Company and expectations regarding exploration potential, production capabilities, growth potential, expansion projects and future financial or operating performance; successful integration of Calibre Mining's team and assets into Equinox Gold; the Company's ability to successfully ramp-up production at Greenstone to design capacity; the Company's ability to successfully complete construction and commissioning at Valentine and timing of first gold pour; the Company's ability to deliver long-term value for shareholders; and the timing for release of the Company's Q2 2025 financial and operating results. Forward-looking Information is generally identified using words like "will", "anticipate", "improve", "grow", "expect", "on track", "continue", and similar expressions and phrases or statements that certain actions, events or results "may", "could", or "should", or the negative connotation of such terms, are intended to identify Forward-looking Information. Although the Company believes that the expectations reflected in such Forward-looking Information are reasonable, undue reliance should not be placed on Forward-looking Information since the Company can give no assurance that such expectations will prove to be correct. The Company has based Forward-looking Information on the Company's current expectations and projections about future events and these assumptions include: Equinox Gold's ability to achieve the production, cost and development expectations for its respective operations and projects; prices for gold remaining as estimated; availability of funds for the Company's projects and future cash requirements; ramp-ups at Greenstone and Valentine being completed and performed in accordance with current expectations; expansion projects at Aurizona and Castle Mountain being completed and performed in accordance with current expectations; the results of exploration programs; tonnage of ore to be mined and processed; ore grades and recoveries remaining consistent with mine plans; and the ability of Equinox Gold to work productively with its Indigenous partners at Greenstone. While the Company considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect. Accordingly, readers are cautioned not to put undue reliance on I Forward-looking Information contained in this news release. Forward-looking Information involves numerous risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such Forward-looking Information. Such factors include those described in the section "Risk Factors in in the Company's MD&A dated March 13, 2025 for the year ended December 31, 2024, and in the section titled "Risks Related to the Business" in Equinox Gold's most recently filed Annual Information Form which is available on SEDAR+ at and on EDGAR at and in the section titled "Risk Factors" in Calibri's most recently filed Annual Information Form which is available on SEDAR+ at Forward-looking Information reflects management's current expectations for future events and is subject to change. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any Forward-looking Information contained or incorporated by reference to reflect actual results, future events or developments, changes in assumptions or other factors affecting Forward-looking Information. If the Company updates any Forward-looking Information, no inference should be drawn that the Company will make additional updates with respect to those or other Forward-looking Information. All Forward-looking Information contained in this news release is expressly qualified by this cautionary statement. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
