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GlobeNewswire·

Equinox Gold Delivers Strong First Quarter with 197,628 Ounces of Gold Production, $990 Million of Debt Reduction and Inaugural Dividend Payment

EQX
  • Equinox Gold produced 197,628 ounces of gold in Q1 2026, including 87,402 ounces from its Canadian operations.
  • Greenstone mine averaged 24,544 tpd mill throughput with 51% of days exceeding nameplate capacity.
  • Valentine mine averaged 6,192 tpd, representing 90% of nameplate capacity for the quarter.
  • The company repaid $990 million in debt using proceeds from the Brazil operations sale & strong cash flow.
  • A first dividend of $0.015 per share was paid on March 26, 2026.
  • A new high-grade Minotaur gold discovery was announced at the Valentine property.
  • Valentine Phase 2 expansion is planned with an estimated $414 million capital cost & 24-month construction timeline.
  • Canadian production is estimated at 543,000 ounces annually from 2026 to 2036.
  • Technical studies are advancing for Castle Mountain & Los Filos, which could add over 450,000 ounces of annual production.
  • Financial results & operating data will be released on May 6, 2026, followed by a conference call on May 7, 2026.
  • The Annual General Meeting is scheduled for May 7, 2026, with options for in-person or online attendance.