Equinox Gold Commences Bermejal Underground Development, Completes Los Filos Community Agreement
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 Commences Bermejal Underground Development, Completes Los Filos Community Agreement
April 12, 2021 – Vancouver, BC – Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold ” or the
“Company”) is pleased to announce that the Company is commencing development of the Bermejal
underground mine, one of the three planned expansion projects at the Los Filos Mine in Mexico. Higher grade
ore from the Bermejal underground mine will contribute to increasing production at Los Filos in future years.
In addition, Los Filos has signed an updated social collaboration agreement with the Carrizalillo community ,
which is similar to the previous social collaboration agreement with a term to April 2025 and certain clarified
provisions that will facilitate improved implementation.
Christian Milau, CEO of Equinox Gold, stat ed: “ We are pleased to be commencing Bermejal underground
development as the contractor mobilizes over the next few weeks. Bermejal is an important higher grade
expansion project that will increase Los Filos annual production . We a re also pleased to have reached a
collaborative agreement with Carrizalillo that will continue to provide meaningful health, social and economic
benefits to the community while ensuring fair and reasonable distribution of benefits for all our local
communities and stakeholders.”
Equinox Gold Contacts
Christian Milau, Chief Executive Officer
Rhylin Bailie, Vice President, Investor Relations
Tel: +1 604-558-0560
Email: [email protected]
Cautionary Notes & Forward-looking Statements
This news release includes certain statements that constitute “forward -looking statements”, and “forward- looking information” within
the meaning of applicable securities laws collectively “forward -looking statements”. These include statements regarding the expansion
projects underway at Los Filos . When used in this news release, words such as “will”, “ future years”, “continue” and similar expressions
are intended to identify these forward-looking statements as well as phrases or statements that certain actions, events or results “may”,
“could”, “would”, “should”, “occur” or “be achieved” or the negative connotation of such terms. As well, forward-looking statements may
relate to future outlook and anticipated events, such as the Company’s ability to successfully advance the Bermejal underground mine
and other expansion projects at Los Filos and achieve the anticipated benefits, including increased production; and the Company’s ability
to operate the Los Filos mine without interruption, including by blockade . These forward-looking statements involve numerous risks and
uncertainties, including the risk factors identified in Equinox Gold’s MD&A dated March 19, 2021 and its Annual Information Form dated
March 24, 2021, both for the year ended December 31, 2020, which are available on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov/edgar. Forward-looking statements are based on information available at the time those statements are made and/or
management’s good faith belief as of that time with respec t to future events and are subject to risks and uncertainties that could cause
actual performance or results to differ materially from those expressed in or suggested by the forward- looking statements. Forward -
looking statements speak only as of the date those statements 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 contained or incorporated by
reference herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the
forward-looking statements. If Equinox Gold 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
contained in this news release are expressly qualified in their entirety by this cautionary statement.