Equinox Gold Achieves Commercial Production at the Aurizona Gold Mine

TSX-V: EQX

OTC: EQXFF

Suite 1501 – 700 West Pender St., Vancouver, BC Canada V6C 1G8

[email protected] +1 604.558.0560 www.equinoxgold.com

NEWS RELEASE

Equinox Gold Achieves Commercial Production at the Aurizona Gold Mine

July 2 , 2019 – Vancouver, BC – Equinox Gold Corp . (TSX-V: EQX, OTC: EQX FF) ( “Equinox Gold ” or the

“Company”) is please d 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

About Equinox Gold

Equinox Gold is a Canadian mining company with a multi -million-ounce gold reserve base and growth

potential from three wholly-owned gold mines. The Company is producing gold from its Mesquite Gold Mine

in California and its Aurizona Gold Mine in Brazil, and is advancing its Castle Mountain Gold Mine in California.

Further information about Equinox Gold’s portfolio of assets and long -term growth strategy is available at

www.equinoxgold.com or by email at [email protected].

Equinox Gold Contacts

Christian Milau, CEO

Rhylin Bailie, Vice President Investor Relations

Tel: +1 604-558-0560

Email: [email protected]

Cautionary Notes

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Forward-looking Statements

This news release contains certain forward- looking information and forward- looking statements within the meaning of applicable

securities legislation. All statements, other than statements of historical fact, are forward -looking statements. Forward -looking

statements or in formation in this news release relate to, among other things: the ability of the Company to successfully operate

Aurizona; the ability of the Company to successfully operate Mesquite; development and timing of anticipated production at Castle

Mountain; and the growth potential of the Company. Forward- looking statements or information generally identified by the use of

the words “will”, “advancing”, “ potential”, “target ”, “near-term” and similar expressions and phrases or statements that certain

actions, events or results “may”, “should”, or “be achieved” , or the negative connotation of such terms , are intended to identify

forward-looking statements and information. Although the Company believes that the expectations reflected in such forward-looking

statements and information are reasonable, undue reliance should not be placed on forward- looking statements since the Company

can give no assurance that such expectations will prove to be correct. The Company has based these forward-looking statements and

information on the Company’s current expectations and projections about future events and t hese assumptions include: tonnage of

ore to be mined and processed; ore grades and recoveries; pr ices for gold remaining as estimated; the construction and planned

production at Castle Mountain being completed and performed in accordance with current expectations; currency exchange rates

remaining as estimated; availability of funds for the Company’s projects and future cash requirements; capital, decommissioning and

reclamation estimates; the Company’s mineral reserve and resource estimates and the assumptions on which they are based; pric es

for energy inputs, labour, materials, supplies and services; no labour-related disruptions and no unplanned delays or interruptions in

scheduled development and production; all necessary permits, licenses and regulatory approvals are received in a timely manner; and

the Company’s ability to comply with environmental, health and safety laws. While the Company considers these assumptions to be

reasonable based on information currently available, they may prove to be incorrect. Readers are cautioned not to put undue reliance

on the forward-looking statements or information contained in this news release.

The Company cautions that forward- looking statements and information involve known and unknown risks, uncertainties and other

factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking

statements or information contained in this news release and the Company has made assumptions and estimates based on or related

to many of these factors. Such factors include, without limitation: fluctuations in gold prices; fluctuations in prices for energy inputs,

labour, materials, supplies and services; fluctuations in currency markets; operational risks and hazards inherent with the business of

mining (including environmental accidents and hazards, industrial accidents, equipment breakdown, usual or unexpected geological

or structural formations, cave-ins, flooding and severe weather); inadequate insurance, or inability to obtain insurance to cover these

risks and hazards; employee relations; relationships with, and claims by, local communities and indigenous populations; the

Company’s ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; changes in laws, regulations

and government practices, including environmental, export and import laws and regulations; legal restrictions relating to mining; risks

relating to expropriation; increased competition in the mining industry; and those factors identified in the Company’s management

information circular dated June 20, 2018 and in its MD&A dated December 31, 2018, which are available on SEDAR at www.sedar.com.

Forward-looking stateme nts and information are designed to help readers understand management's views as of that time with

respect to future events and speak only as of the date they are made. Except as required by applicable law, the Company assumes no

obligation and does not i ntend to update or to publicly announce the results of any change to any forward- looking statement or

information contained or incorporated by reference to reflect actual results, future events or developments, changes in assum ptions

or changes in other factors affecting the forward -looking statements and information. If the Company updates any one or more

forward-looking statements, no inference should be drawn that the Company will make additional updates with respect to those or

other forward -looking sta tements. All forward -looking statements and information contained in this news release are expressly

qualified in their entirety by this cautionary statement.