The Company is producing gold from its Mesquite and Castle Mountain mines in California, its Los Filos and Mercedes mines in Mexico, and its Aurizona, Fazenda, RDM and Pilar mines in Brazil. The Company has also started construction at its Santa Luz mine in Brazil with first gold pour targeted for Q1 2022 and expects to start construction at Greenstone in Canada in H2 2021.
Equinox Gold has the strongest growth profile in its peer group and its well funded to achieve its organic growth plans from two development projects (Santa Luz and Greenstone) and two expansion projects (Los Filos and Castle Mountain). Collectively these projects could bring more than 600,000 additional ounces of gold production to the company over the next few years.
Equinox Gold currently has eight operating gold mines. The Company is also constructing the Santa Luz mine, plans to start construction at the Greenstone project in H2 2021, and is advancing the Los Filos and Castle Mountain expansion projects, all of which are expected to propel the Company beyond its target of producing one million ounces of gold annually.
Equinox Gold has a broad shareholder base with strategic long-term shareholders and a balanced mix of institutional, high-net-worth and retail investors. All of Equinox Gold’s executives and directors have personally invested in the company, aligning the interests of investors and Equinox Gold’s leadership team.
With a strong treasury, cash flow from eight operating mines, and a US$400 million corporate revolving credit facility, Equinox Gold is well funded to execute on its growth objectives, including exploration at a number of properties, construction of the Santa Luz and Greenstone projects, and the Los Filos and Castle Mountain expansion projects.
Equinox Gold is focused on adding value on a number of fronts: advancing Santa Luz toward production, finalizing studies and making a construction decision for the Los Filos expansion, commencing permitting for the Castle Mountain expansion, making a construction decision for the Greenstone project, completing a prefeasibility study for potential underground development at Aurizona, and exploring at many of its projects.