Equinox Gold Begins Staged Restart at Los Filos Mine

TSX: EQX

NYSE-A: EQX

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

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

NEWS RELEASE

Equinox Gold Begins Staged Restart at Los Filos Mine

December 23, 2020 – Vancouver, BC – Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the

“Company”) reports that the blockade by members of the Carrizalillo community at the Company’s Los Filos Mine

in Mexico has been removed and access to the mine has been restored. Representatives from Los Filos continue to

meet regularly with community leaders to reach consensus on the remaining items related to benefits provided

under the Carrizalillo social collaboration agreement.

Los Filos has begun a staged restart and is working toward achieving full operations in January. Workers will resume

their duties only after testing negative for COVID-19.

Equinox Gold Contacts

Christian Milau, 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 the tim e required to ramp-up and

resume full operations at Los Filos, and achieving a long-term solution with Carrizalillo relating to the social collaboration agreement. Forward-

looking statements or information generally identified by the use of the words “will”, “continue”, “working toward” and similar expressions

and phrases or statements that certain actions, events or results “may”, “could” or “should”, or the negative connotation of such terms, are

intended to identify forward-looking statements and information. The Company has based these forward-looking statements and information

on the Company’s current expectations and projections about future events. 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 has made assumptions and estimates based on or

related to factors such as its previous working histo ry with communities around Los Filos; the ongoing discussions with Carrizalillo; the

Company’s ability to obtain and retain all necessary permits, licenses and regulatory approvals; legal restrictions relating to mining including

those imposed in connectio n with COVID -19; and other factors identified in the Company’s MD&A dated February 28, 2020 and its Annual

Information Form dated May 13, 2020 both for the year ended December 31, 2019, and in the Company’s MD&A dated September 30, 2020

for Q3 2020, all of which are available on the Company’s website at www.equinoxgold.com , on SEDAR at www.sedar.com and on EDGAR at

www.sec.gov/edgar. Forward-looking statements 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 Com pany assumes

no obligation 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 affect ing 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 statements. All forward -looking statements and

information contained in this news release are expressly qualified in their entirety by this cautionary statement.