The Company is producing gold from its Mesquite and Castle Mountain mines in California, its Los Filos mine in Mexico, and its Santa Luz, Aurizona, Fazenda and RDM mines in Brazil. The Company has also started construction at its Greenstone project in Canada with first gold targeted for H1 2024.
Equinox Gold has the strongest growth profile in its peer group. Construction at its 60%-owned Greenstone project in Canada is on track for completion in the first half of 2024, and the company is advancing expansion projects at its Aurizona, Castle Mountain and Los Filos mines. 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 producing gold mines. The Company is also constructing its Greenstone project and is advancing the Aurizona, 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 cash flow from seven producing mines, a US$700 million corporate revolving credit facility, a strong treasury, and a portfolio of equity investments, Equinox Gold has the financial flexibility to execute on its growth objectives, including exploration at a number of properties, construction of the Greenstone project, and the Aurizona, Los Filos and Castle Mountain expansion projects.
Equinox Gold is focused on adding value on a number of fronts. During 2022 the Company advanced construction at its Greenstone project in Canada, completed construction and achieved commercial production at its Santa Luz mine in Brazil, published an updated feasibility study for an expansion at its Los Filos mine in Mexico, commenced permitting for the Phase 2 expansion at its Castle Mountain mine in California, 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.