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Equinox Gold Announces "Ride to Greenstone" Fundraiser

Corporate Updates

Equinox Gold Announces "Ride to

Greenstone" Fundraiser

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE

American: EQX) ("Equinox Gold" or the "Company") today is launching the

Ride to Greenstone,

an epic

3,634 km bike relay from Vancouver, BC to Geraldton, Ontario, to celebrate the official opening of the

Company's new Greenstone Mine.

The focus of the ride is to raise money for the Geraldton District Hospital, which serves a 2,767-km

2

region in Northern Ontario including five Indigenous communities and the Greenstone Mine workforce.

Equinox Gold's mine sites in California, Mexico and Brazil are sending cyclists to join this expedition and

are also organizing a variety of events to raise money for charities in their local communities, bringing

the Company's global workforce, contractors and suppliers together to support the communities in which

we work.

Ross Beaty, Chair of Equinox Gold, commented: "The Ride to Greenstone highlights our commitment to

the health and well-being of our team, emphasizing physical activity, team building and fun. Supporting

community health and education is one of our top priorities as a company, and we are thrilled to see the

entire Equinox Gold family of employees, contractors and suppliers coming together to raise money for

the Geraldton District Hospital."

The Company has raised more than C$950,000 to date through early sponsorship outreach and will be

encouraging its vendors, contractors and industry leaders to sponsor this ambitious journey. Information

on the seven charities and how to donate is available on the

Ride to Greenstone website

.

The cyclists will officially set off from the Company's head office in Vancouver on August 5th at 8:00 am.

Daily progress updates will be provided on the Company's social media channels and on the

Ride to

Greenstone website

. More information is available on the Company's website at

www.equinoxgold.com

,

on the Ride to Greenstone website, and by emailing

[email protected]

.

About the Greenstone Mine

The Greenstone Mine will be Equinox Gold's flagship asset and largest, lowest-cost producer. First gold

was poured on May 22, 2024 and commercial production is targeted for Q3 2024. A video of the first

gold pour is

available here

. When operating at capacity, the Greenstone Mine is expected to produce

approximately 400,000 ounces of gold annually for the first five years, and average 360,000 ounces of

gold per year for its initial 14-year mine life, making Greenstone one of Canada's largest gold mines.

Equinox Gold's Ride to Greenstone

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/9355/211386_ride_to_greenstone_-_primary.jpg

About Equinox Gold

Equinox Gold is a growth-focused Canadian mining company operating entirely in the Americas, with

eight operating gold mines and a clear path to achieve more than one million ounces of annual gold

production from a pipeline of expansion projects. Equinox Gold's common shares are listed on the TSX

and the NYSE American under the trading symbol EQX. 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

Greg Smith, President & Chief Executive Officer

Rhylin Bailie, Vice President, Investor Relations

Tel: +1 604-558-0560

Email:

[email protected]

Cautionary Notes and Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within

the meaning of applicable securities legislation. Forward-Looking statements and forward-looking

information in this news release relate to, among other things: the Company's ability to successfully

advance Greenstone Mine to commercial and full production and the timing thereof; the Company's

expectations for the operation of Greenstone, including production capabilities and future financial or

operating performance; and the strategic vision for the Company and the Company's ability to

successfully advance its expansion projects. Forward-Looking statements or information generally

identified by use of the words "target", "will", "clear path", "expect", "achieve" and similar expressions

and phrases or statements that certain actions, events or results "could", "would" or "should", 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 as 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 these assumptions include but are not limited

to: commissioning at Greenstone being completed and performed in accordance with current

expectations; Equinox Gold's ability to achieve the exploration, production, cost and development

expectations for Greenstone; and the Company's expansion projects being completed and performed

in accordance with current expectations. While the Company considers these assumptions to be

reasonable based on information currently available, they may prove to be incorrect. Accordingly,

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 and 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 risks, geotechnical failures, industrial accidents, equipment breakdown, unusual 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 partners; the Company's ability

to obtain all necessary permits, licenses and regulatory approvals in a timely manner or at all;

changes in laws, regulations and government practices; legal restrictions relating to mining; and those

factors identified in the section titled "Risks and Uncertainties" in Equinox Gold's Management's

Discussion & Analysis dated February 21, 2024 for the year ended December 31, 2023, and in the

section titled "Risks Related to the Business" in Equinox Gold's most recently filed Annual

Information Form, both of which are available on SEDAR+ at

www.sedarplus.ca

and on EDGAR at

www.sec.gov

. Forward-Looking statements and information are designed to help readers understand

management's views with respect to future events and speak only as of the date they are made.

Except as required by applicable law, Equinox Gold assumes no obligation 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

assumptions or changes in other factors affecting the forward-looking statements and information. If

Equinox Gold updates any one or more forward-looking statements, no inference should be drawn that

Equinox Gold will make additional updates with respect to those or other forward-looking statements.

All forward-looking statements and information contained in this news release are expressly qualified

in their entirety by this cautionary statement.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/211386