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Equinox Gold Ord Shs T.EQX

Alternate Symbol(s):  EQX

Equinox Gold Corp. is a Canadian mining company operating entirely in the Americas, with eight producing gold mines. Its operating mines include Aurizona Gold Mine, Fazenda Gold Mine, Santa Luz Gold Mine, RDM Gold Mine, Los Filos Gold Mine, Castle Mountain Gold Mine, Mesquite Gold Mine and Greenstone Gold Mine. Its development projects include Greenstone Project, Los Filos Expansion, Castle Mountain Expansion, and Aurizona Expansion. Aurizona Gold Mine is an open-pit gold mine located in northeastern Brazil near the town of Godofredo Viana in Maranhao State. Greenstone Gold Mine is a multi-million-ounce gold project located in the top-tier mining jurisdiction of Ontario, Canada. Fazenda Gold Mine is located within the Maria Preta mining district in Bahia State, Brazil. RDM Gold Mine is located in Minas Gerais State, Brazil, about 560 kilometers (km) north of the state capital city of Belo Horizonte. The Los Filos Mine Complex is in Guerrero State, Mexico.


TSX:EQX - Post by User

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Post by Zifteron Feb 15, 2018 7:01am
180 Views
Post# 27563144

C:EQX Equinox Gold Announces New East Ridge Discovery

C:EQX Equinox Gold Announces New East Ridge Discovery Equinox Gold Announces New East Ridge Discovery at Castle Mountain Mine VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX-V:EQX) (OTC:LWLCF) (Equinox Gold or the Company) is pleased to announce the discovery of significant gold mineralization at the East Ridge target, peripheral to the current resource pit at the Companys 100%-owned Castle Mountain Gold Mine (Castle Mountain) in California. A channel sampling program covering a portion of the East Ridge target identified extensive, previously unrecognized gold mineralization on surface that is corroborated by three of the best drill results from the Q4-2017 exploration program. East Ridge Drill Highlights 1.60 grams per tonne gold (g/t Au) over 32.3 metres (m) and 1.08 g/t Au over 17.7 m in hole 261C 0.65 g/t Au over 34.6 m in hole 282C 1.27 g/t Au over 62.3 m in hole 284C The Company completed 27 holes totalling 9,230 m during the fourth quarter of 2017 and obtained additional positive results from drilling designed to test the margins of the current modelled resource pit and below the historical open pits (JSLA, Jumbo and Oro Belle). Additional Drilling Highlights 0.39 g/t Au over 32.6 m in hole 260C 0.51 g/t Au over 35.1 m in hole 262C 0.63 g/t Au over 18.6 m in hole 265C 0.35 g/t Au over 32.0 m in hole 268C 1.40 g/t Au over 9.30 m and 0.35 g/t Au over 35.2 m in hole 271C 0.33 g/t Au over 73.5 m in hole 274C 0.60 g/t Au over 64.0 m, 0.70 g/t Au over 27.9 m, and 0.35 g/t Au over 65.7 m in hole 275C 1.10 g/t Au over 31.9 m in hole 276C 1.01 g/t Au over 44.4 m and 1.49 g/t Au over 21.6 m in hole 283C 0.45 g/t Au over 24.7 m, 0.56 g/t Au over 58.3 m, and 0.75 g/t Au over 15.2 m in hole 285C 0.74 g/t Au over 14.9 m in hole 286C For a map of East Ridge drilling and highlight results, click here For a map of Castle Mountain Q4-2017 drilling and highlight results, click here For a complete table of Castle Mountain Q4-2017 exploration drill results, click here Drilling continues to confirm the potential for significant resource growth at Castle Mountain, said Scott Heffernan, EVP Exploration of Equinox Gold. The 2017 Phase 2 drilling program focused on testing new geological concepts, under-drilled regions below the resource pit, and potential extensions of mineralization along strike to the north of the Oro Belle pit and east of the Oro Belle and Jumbo pits, in particular at the East Ridge target. Results to date have been excellent, encountering ore-grade mineralization over significant widths near the margins and outside of the current resource pit. The Company drilled 58,100 m at Castle Mountain in 2017 (see previous Castle Mountain press releases on SEDAR at www.sedar.com under NewCastle Golds profile). The Castle Mountain exploration team is currently integrating the results of the 2017 program with detailed geological mapping and updating the existing 3D geological model of the deposit to gain an improved understanding of the controls on mineralization. Additionally, a regional geological mapping and prospecting program is underway and the Company intends to drill more than 30,000 m later in 2018. On behalf of the Board of Equinox Gold Corp. Christian Milau CEO & Director
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