Equinox Gold's "Ride to Greenstone" Fundraiser is Underway
Equinox Gold's "Ride to Greenstone"
Fundraiser is Underway
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2024) - Equinox Gold Corp. (TSX: EQX)
(NYSE American: EQX) ("Equinox Gold" or the "Company") wished its cycling and support team good
luck yesterday as they set off for 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.
Many thanks to the
Ride to Greenstone
Gold Sponsors - Sandstorm Gold Royalties, Cloutier
Contracting, Franco-Nevada, Orion Resource Partners and Equinox Gold's Board of Directors - who
each donated more than C$100,000 to the Geraldton District Hospital. To date the event has raised
nearly C$1.2 million for the hospital and more than C$100,000 for schools and hospitals in Brazil and the
Alzheimer's Association of California. Information on the seven charities and how to donate is available
on the
Ride to Greenstone website
.
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."
You can follow the cyclists' progress on Equinox Gold's social media channels (Facebook, X, LinkedIn),
on the
Ride to Greenstone website
and on the
Ride to Greenstone Instagram
page. More information on
becoming a sponsor is available by emailing
.
Figure 1
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Figure 2
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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.
About Equinox Gold
Equinox Gold is a growth-focused Canadian mining company operating entirely in the Americas, with
eight producing 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
.
Equinox Gold Contacts
Greg Smith, President & Chief Executive Officer
Rhylin Bailie, Vice President, Investor Relations
Tel: +1 604-558-0560
Email:
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/218978