WS Investor
01 Apr 2026, 17:15
March 31, 2026 — Equinox Gold updated the technical outlook for its Canadian operations, projecting average annual gold production of approximately 540,000 ounces over the next decade.
The forecast is supported by updated reports for the Greenstone and Valentine mines, with Greenstone expected to produce around 320,000 ounces annually and Valentine about 223,000 ounces following a planned expansion by 2028. The company also reported substantial reserves and resources, including 19 million ounces of gold in mineral reserves.
Equinox Gold highlighted opportunities to further increase output through operational optimization, higher-grade underground resources, and ongoing exploration across its large land packages. The company has allocated $70–80 million for exploration in 2026 to support future growth and extend mine life.
The update underscores the company’s focus on scaling production and strengthening its position as a long-term gold producer in Canada.
The forecast is supported by updated reports for the Greenstone and Valentine mines, with Greenstone expected to produce around 320,000 ounces annually and Valentine about 223,000 ounces following a planned expansion by 2028. The company also reported substantial reserves and resources, including 19 million ounces of gold in mineral reserves.
Equinox Gold highlighted opportunities to further increase output through operational optimization, higher-grade underground resources, and ongoing exploration across its large land packages. The company has allocated $70–80 million for exploration in 2026 to support future growth and extend mine life.
The update underscores the company’s focus on scaling production and strengthening its position as a long-term gold producer in Canada.