Equinox Gold Announces Termination of Earn‐in JV Agreement on Brazil Greenfields Concessions
TSX-V: EQX
OTC: EQXFF
Suite 730 – 800 West Pender St., Vancouver, BC Canada V6C 2V6
[email protected] +1 604.558.0560 www.equinoxgold.com
NEWS RELEASE
Equinox Gold Announces Termination of Earn‐in JV Agreement on Brazil Greenfields Concessions
August 13, 2018 – Vancouver, BC – Equinox Gold Corp. (TSX‐V: EQX, OTC: EQXFF) (“Equinox Gold” or “the
Company”) announces that AngloGol d Ashanti Holdings plc (“Anglo Gold”) has terminated the earn‐in joint
venture at Equinox Gold’s Aurizona greenfields concessions in B razil. 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 r egional geological models and have
highlighted several untested targets that warrant further explo ration,” said Scott Heffe rnan, Executive Vice
President Exploration of Equinox Gold. “While our current prior ity 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
About Equinox Gold
Equinox Gold is a Canadian mining company with a multi‐million‐ ounce gold resource base, near‐term and
growing gold production from two past‐producing mines in Brazil and California, and a diverse portfolio of
gold and copper assets in North and South America. Construction is underway at the Company’s Aurizona
Gold Mine in Brazil with the objective of pouring gold by year‐ end 2018, and the Company is advancing its
Castle Mountain Gold Mine in California with the objective of c ommissioning Phase 1 operations by the end
of 2019. Further information about Equinox Gold’s current 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]
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Qualified Person and Disclosure Statement
Scott Heffernan, M.Sc., P.Geo., the Company’s EVP Exploration and Qualified Person under National Instrument 43‐101,
has reviewed and verified that the technical information contai ned in this news release is accurate and approves the
written disclosure of the same.
Cautionary Notes and Forward‐looking Statements
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.
This document contains certain forward‐looking information and forward‐looking statements within the meaning of
applicable securities legislation (collectively “forward‐looking statements”). The use of the words “will”, “objective”,
“underway” and similar expressions are intended to identify for ward‐looking statements. Forward‐looking statements
contained in this news release include, but are not limited to, statements regarding construction activities underway at
Aurizona, anticipated production from the Aurizona Gold Mine and Castle Mountain Gold Mine, and the growth potential
of the Company. Although the Company believes that the expectati o n s r e f l e c t e d i n s u c h f o r w a r d ‐ l o o k i n g s t a t e m e n t s
and/or information are reasonable, undue reliance should not be placed on forward‐looking statements since the
Company can give no a ssurance that such expectations will prove to be correct. These statements involve known and
unknown risks, uncertainties and other factors that may cause a ctual results or events to differ materially from those
anticipated in such forward‐looking statements, including the risks, uncertainties and other factors identified in the
Company’s periodic filings with Canadian securities regulators, and assumptions made with regard to the Company’s
ability to complete construction at Aurizona on time and on budget or at all; the timing to achieve production; the
Company’s ability to extend the Aurizona mine life, develop the underground potential of the deposit or identify new
mineralization in the Aurizona district; the Company’s ability to commence commissioning a nd achieve production at
Castle Mountain; and the Company’s ability to achieve its expec ted growth and production potential. Furthermore, the
forward‐looking statements contained in this news release are made as at the date of this news release and the Company
does not undertake any obligations to publicly update and/or re vise any of the included forward‐looking statements,
whether as a result of additional information, future events an d/or otherwise, except as may be required by applicable
securities laws.