Equinox Gold Achieves Commercial Production at the Aurizona Gold Mine

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Overig advies 02/07/2019 13:29
Equinox Gold Corp. (TSX-V: EQX, OTC: EQXFF) (“Equinox Gold” or the “Company”) is pleased to announce that commercial production has been achieved at the Company’s Aurizona Gold Mine in Brazil effective July 1, 2019.

During the month of June, the Aurizona processing plant operated at an average throughput of approximately 90% of its name-plate capacity of 8,200 tonnes per day, exceeded 90% average recovery and produced more than 7,000 ounces of gold. Gold production is expected to continue to increase through the third and fourth quarters of 2019, with average life-of-mine production estimated at 136,000 ounces per year.

Christian Milau, Equinox Gold’s CEO, stated, “Achieving commercial production at Aurizona is a significant milestone, making Equinox Gold a multi-mine producer and bringing us one step closer to our near-term target of having three mines in production in 2020. We are pleased that Aurizona is ramping up quickly and thank our team, contractors and stakeholders in Brazil for their hard work and support.”

With commercial production at Aurizona achieved, the final condition pursuant to the previously announced corporate revolving credit facility has been completed and the remaining US$30 million of the total US$130 million has been made available to the Company.

On Behalf of the Board of Equinox Gold Corp.

“Christian Milau”

CEO & Director




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