Valentine Gold Mine
Atlantic Canada’s next major gold mine
Valentine poured first gold on September 14, 2025 and is on track to ramp up to design capacity in Q2 2026.
Snapshot
Ownership
100%
Location
Newfoundland and Labrador, Canada
First Gold Production
September 14, 2025
Estimated Production1
175,000-200,000
Reserves
2.7 Moz @ 1.62 g/t gold
M&I Resources2
1.33 Moz @ 1.45 g/t gold
Mining and processing
Open-pit / CIL plant
Estimated mine life
~14 years
1. Estimated annual production for the first 12 years of its 14-year reserve life, based on the November 2022 technical report.
2. M&I Mineral Resources are exclusive of Mineral Reserves. See Operations / Reserves & Resources and Cautionary Notes.
Overview
The Valentine Gold Mine is located in central Newfoundland and Labrador, one of the world’s top mining jurisdictions. When complete, Valentine will be the largest gold mine in Atlantic Canada and a significant economic driver for the province.
The project spans a 32-km mineralized trend with multiple deposits and strong exploration upside. A December 2022 Feasibility Study outlined an open-pit mining and conventional milling operation with an initial 14-year mine life and average annual gold production of 195,000 ounces for the first 12 years.
Commissioning Highlights
Construction is complete and commissioning is underway. The plant started processing ore in late August and commissioning of the Valentine process plant is progressing extremely well, with mill throughput averaging 47% of nameplate for the first 15 days of operation, resulting in first gold being poured earlier than expected, on September 14, 2025.
Commissioning progress to date positions Valentine to ramp-up to its nameplate capacity of 2.5 million tonnes per year in Q2 2026.
First Ore Processed at the Valentine Gold Mine
Operating Mines
An Americas-focused gold producer
Equinox Gold has operating mines in Canada, the USA, Nicaragua and Brazil.
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