Equinox Gold has eight wholly-owned mines in the Americas. The Company is producing gold from its Los Filos Mine Complex in Mexico, its Mesquite Mine in California, and its Aurizona, Fazenda, RDM and Pilar mines in Brazil. The Company has completed construction at its second California mine, Castle Mountain, with first gold pour targeted for Q4-2020, and has commenced early works construction activities at its Santa Luz mine in Brazil.
Equinox Gold has the strongest growth profile in its peer group and its fully funded to achieve its organic growth plans from two development projects (Castle Mountain Phase 1 and Santa Luz) and two expansion projects (Los Filos and Castle Mountain Phase 2). Collectively these projects should bring an additional 450,000 oz of gold production to the company over the next few years.
Equinox Gold is currently producing gold from six mines, with a seventh mine expected to commence production in Q3-2020. The Company is also advancing two growth projects and two expansion projects and is rapidly advancing toward its vision 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. Many 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 six 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 Castle Mountain Phase 1 and the Santa Luz project, and the Los Filos and Castle Mountain Phase 2 expansion projects.
Equinox Gold is focused on adding value on a number of fronts in 2020 with the Los Filos expansion underway, the Aurizona underground PEA and resource update completed in May, Castle Mountain Phase 1 first gold pour targeted for Q4-2020, and exploration underway at a number of projects. Equinox Gold also qualified for inclusion in multiple indexes and was added to the GDXJ in March, the GDX in April, and the S&P/TSX Composite indices in June.