Equinox Gold Corp. (TSX-V:EQX) (OTC:EQXGF) is pleased to announce additional positive results from the Piaba West infill and step-out drill program and that drilling is underway at the Tatajuba target, both located at the Company’s 100%-owned Aurizona Gold Mine in Brazil.
A total of 115 step-out and infill drill holes (16,084 m) were drilled in the Piaba West area during 2017 and early 2018, demonstrating that mineralization extends up to 350 metres (“m”) along strike to the west of the existing Piaba reserve pit and at depth below the shallow western end of the pit. Drill results are being integrated into an updated Mineral Resource Estimate that is expected to be complete in Q3-2018. Results from the final 30 drill holes (5,045 m) continue to highlight the resource growth potential at Aurizona.
Piaba West Drill Highlights
“Piaba West drilling has delivered excellent results that highlight the near-mine expansion potential at Aurizona,” said Scott Heffernan, EVP Exploration of Equinox Gold. “Exploration in 2018 will continue to focus on the mineralized Piaba Trend, which extends another 5 kilometres to the west from the existing reserve pit, with the expectation that drilling at the Tatajuba target will reveal further resource expansion potential.”
The Tatajuba target is the western extension of the main Piaba Trend that hosts Aurizona. The target measures over 4 km in length as defined by coherent gold-in-soil anomalism, geophysics (magnetics), auger drilling and limited diamond drilling. The initial 1,500 m drill program will focus on an approximately 600 m long portion where historical drilling intersected significant shallow gold mineralization including 13.7 g/t Au over 35.0 m (D250) and 2.7 g/t Au over 55.6 m (D114).
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 project in Brazil with the objective of pouring gold by year-end 2018, and a prefeasibility study is underway at the Company’s Castle Mountain project in California with the objective of restarting production.
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