August 13, 2018 – Vancouver, BC – Equinox Gold Corp. (TSX-V: EQX, OTC: EQXFF) (“Equinox Gold” or “the Company”) announces that AngloGold Ashanti Holdings plc (“AngloGold”) has terminated the earn-in joint venture at Equinox Gold’s Aurizona greenfields concessions in Brazil. As such, Equinox Gold will retain its 100% interest in the approximately 1,800 km2 greenfield concessions.

Equinox Gold has received all data acquired through AngloGold’s exploration activities. AngloGold spent approximately US$9 million at the greenfields concessions since commencing exploration in August 2016, completing more than 43,000 line-kilometres of high-resolution aeromagnetic, radiometric, and electromagnetic surveying over the entire property, approximately 10,000 metres of drilling on eight targets, and extensive soil geochemistry and geologic mapping surveys. AngloGold also applied considerable effort to social engagement, establishing strong communication and relationships with local landowners that Equinox Gold will maintain with the objective of restarting regional exploration efforts in the future.

“AngloGold’s exploration programs have significantly advanced regional geological models and have highlighted several untested targets that warrant further exploration,” said Scott Heffernan, Executive Vice President Exploration of Equinox Gold. “While our current priority in the region is near-mine exploration at the Aurizona Gold Mine to expand the reserve and resource base, we will continue to review and interpret AngloGold’s exploration data to prioritize regional exploration targets for future drilling, on our own or with a joint venture partner.”

On behalf of the Board of Equinox Gold Corp.

“Christian Milau”

CEO & Director