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Equinox Gold Publishes Water Stewardship Report

Corporate Updates

Equinox Gold Publishes Water Stewardship

Report

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2023) -

Equinox Gold Corp.

(TSX: EQX)

(NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce publication of its

inaugural Water Stewardship Report, which is aligned with water reporting practices recommended by

the International Council on Mining and Metals ("ICMM").

Greg Smith, President & CEO of Equinox Gold, commented: "Equinox Gold is committed to addressing

water stewardship as a core component of our sustainability efforts and ESG strategy. This Water

Stewardship Report shares our current actions and approach to water stewardship and is an important

step in laying the groundwork for the development of our comprehensive Company-wide water

stewardship strategy."

Equinox Gold's Water Stewardship Report summarizes the Company's strategy to minimize our use of

fresh water, limit potential impacts on fresh water sources, maximize water reuse, protect the water

interests of both our operations and local stakeholders, and implement leading industry water

stewardship standards. Equinox Gold has adopted a range of water stewardship principles including the

World Gold Council's Responsible Mining Principles and the Mining Association of Canada's Towards

Sustainable Mining ("TSM") protocols. The Company is also aligning its approach with the ICMM's

Water Stewardship Framework and water accounting guidance. These industry frameworks provide the

foundation for our water management strategy and the guidance to embed effective water management

practices into the decision-making processes at our operations.

This inaugural Water Stewardship Report represents an important component of our 2023 ESG

commitments and will serve as the baseline for our water stewardship reporting in subsequent years.

Additional targets for 2023 include achieving a Level A rating across all operations for 100% of the

indicators of the TSM Water Stewardship protocol and continuing to improve our water use efficiency

per ounce of gold produced. We are also developing a comprehensive Company-wide water

stewardship strategy that aligns with our climate action and environmental policies and strategies.

More information about the Company's water accounting metrics and 2022 performance, water

stewardship actions underway at each mine site and our approach to water management is summarized

in the Water Stewardship Report, which is available for download at

www.EquinoxGold.com

.

About Equinox Gold

Equinox Gold is a growth-focused Canadian mining company with seven operating gold mines,

construction underway at a new project, and a path to achieve more than one million ounces of annual

gold production from a pipeline of development and 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 & CEO

Rhylin Bailie, Vice President Investor Relations

Tel: +1 604-558-0560

Email:

[email protected]

Cautionary Notes

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

the meaning of applicable securities legislation and may include future-oriented financial information.

Forward-looking statements and forward-looking information in this news release relate to, among

other things: the Company's ability to develop and implement a comprehensive water stewardship

strategy, including minimizing use of fresh water and mitigating impacts on fresh water sources; the

Company's ability to meet its ESG commitments, including achieving a Level A rating across all

operations for 100% of the indicators of the Towards Sustainable Mining Water Stewardship protocol;

and the Company's plans to increase annual production by successfully advancing its development

and expansion projects. Forward-looking statements or information generally identified by the use of

the words "will", "commitment", "strive", "strategy", "targets", "continuing", "developing", "potential"

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 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 these assumptions

include: the Company's ability to reduce its water use and improve sustainability practices; the

Company's ability to implement its water stewardship initiatives; the Company's ability to increase its

annual gold production by successfully advancing the development and expansion projects

contemplated for its Greenstone Project, Aurizona Mine, Castle Mountain Mine and Los Filos Mine;

the Company's ability to reduce its environmental footprint and improve sustainability practices; the

Company's ability to mitigate the negative impact of climate change on its operations; the availability

of funds for the Company's projects and future cash requirements; 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.

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: changes in the expected

impacts of climate change; changes in laws, regulations and government practices, including laws

and regulations relating to the environment; legal restrictions relating to mining; fluctuations in gold

prices; fluctuations in prices for energy inputs, labour, materials, supplies and services, including

environmentally friendly alternatives; fluctuations in currency markets; operational risks and hazards

inherent with the business of mining (including environmental accidents and hazards, 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; and those factors identified in the section titled "Risks and

Uncertainties" in Equinox Gold's MD&A dated February 21, 2023, and in the section titled "Risks

Related to the Business" in Equinox Gold's most recently filed Annual Information Form dated

February 23, 2023, both of which relate to the year ended December 31, 2022 and are available 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,

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/175181