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 and RDM 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 its Greenstone project in Canada in H2 2021 with first gold targeted for H1 2024.
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 three expansion projects (Aurizona, 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 seven operating gold mines. The Company is also constructing its Santa Luz and Greenstone projects 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 seven 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. During 2021 the Company acquired Premier Gold Mines, adding the tier one Greenstoen projec to its portfolio, advanced Santa Luz toward production and commenced construction at Greenstone, published feasibility studies for the Castle Mountain and Aurizona expansions, advanced expansion projects at Los Filos, and extended the mine lives at multiple projects with exploration success. Equinox Gold will continue executing on its organic growth strategy to achieve its vision of producing more than one million ounces of gold annually.