Equinox Gold announced a significant new gold discovery at its Valentine Gold Mine in Newfoundland and Labrador, identifying a previously unknown mineralized area known as the Minotaur Zone, located about 8 kilometers from the Valentine mill. The discovery was supported by artificial intelligence–driven targeting and has returned multiple high-grade drill intercepts, confirming the potential for a large new gold system outside existing resources.

In addition, ongoing drilling at the Frank Zone, adjacent to the current Leprechaun pit, continues to deliver broad, high-grade gold mineralization, strengthening the case for resource expansion and the potential development of a new open pit. With less than 15% of the 320-square-kilometer land package explored, Equinox Gold said the Valentine district shows strong potential for long-term growth beyond the current mine plan, with extensive drilling planned for 2026.