Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) is pleased to announce that commercial production has been achieved at the Company’s Santa Luz Gold Mine in Brazil effective October 1, 2022.
The Santa Luz mill is operating at approximately 90% of design capacity of 7,400 tonnes per day, with recoveries consistently above 70% and ranging up to 85%. Approximately 23,000 ounces of gold have been produced to September 30, 2022, and gold production is expected to continue to increase through the fourth quarter of 2022.
Greg Smith, President & CEO of Equinox Gold, commented: “Santa Luz is our fourth operating mine in Brazil and represents 100,000 ounces of average annual production with mine life extension potential from near-mine surface targets, an underground deposit, and additional opportunities in the 70-km-long mineralized greenstone belt that hosts our Santa Luz and Fazenda mines. We thank the Santa Luz team for their dedication and hard work to achieve this commercial production milestone and celebrate their exemplary safety record, working more than 4.3 million hours since the start of construction with no lost-time injuries.”
About Equinox Gold
Equinox Gold is a Canadian mining company operating entirely in the Americas, with seven operating gold mines and a clear path to achieve more than one million ounces of annual gold production from a pipeline of development and expansion projects.
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We acknowledge the [financial] support of the Government of Canada.