Equinox Gold Achieves Commercial Production at Valentine Gold Mine, Driving Canadian Gold Production Growth into 2026
Equinox Gold (TSX: EQX, NYSE American: EQX) announced commercial production at its 100% owned Valentine Gold Mine in Newfoundland & Labrador on November 18, 2025. The process plant averaged 5,451 tpd over the prior 60 days (≈80% of 6,850 tpd nameplate) with gold recovery >93% on commissioning feed grading 1.2 g/t. Valentine is expected to deliver into the higher end of the company’s Q4 range of 15,000–30,000 oz, and the company anticipates reaching nameplate capacity by Q2 2026, supporting a 2026 production range of 150,000–200,000 oz. Phase 2 studies are underway to evaluate doubling mill throughput to 5 Mtpa.
Equinox Gold (TSX: EQX, NYSE American: EQX) ha annunciato la produzione commerciale nel suo Valentine Gold Mine, di proprietà al 100%, a Terranova e Labrador il 18 novembre 2025. l'impianto di processo ha registrato una media di 5,451 tpd negli ultimi 60 giorni (≈80% della capacità nominale di 6,850 tpd) con una recupero dell'oro >93% sull'alimentazione di avvio con una concentrazione di 1,2 g/t. Valentine dovrebbe contribuire al tratto superiore della fascia Q4 dell'azienda di 15,000–30,000 oz, e l'azienda prevede di raggiungere la capacità nominale entro Q2 2026, sostenendo una fascia di produzione per il 2026 di 150,000–200,000 oz. Gli studi della fase 2 sono in corso per valutare un raddoppio della portata della mulattiera a 5 Mtpa.
Equinox Gold (TSX: EQX, NYSE American: EQX) anunció producción comercial en su mina Valentine Gold Mine de propiedad al 100% en Terranova y Labrador el 18 de noviembre de 2025. La planta de procesamiento promedió 5,451 tpd en los últimos 60 días (aprox. 80% de la capacidad nominal de 6,850 tpd) con una recuperación de oro >93% en la alimentación de inicio con una concentración de 1,2 g/t. Valentine se espera que aporte al extremo superior del rango del Q4 de la empresa de 15,000–30,000 oz, y la empresa anticipa alcanzar la capacidad nominal para el Q2 2026, respaldando un rango de producción para 2026 de 150,000–200,000 oz. Los estudios de la Fase 2 están en marcha para evaluar duplicar el caudal de la planta a 5 Mtpa.
Equinox Gold (TSX: EQX, NYSE American: EQX) 100% 소유의 Valentine Gold Mine이 뉴펀들랜드 및 래브라도에서 2025년 11월 18일 상업 생산을 발표했습니다. 공정 플랜트는 직전 60일 동안 평균 5,451 tpd였으며(6,850 tpd의 명판의 약 80%), 시운전 공급 등급 1.2 g/t에서 금 회수 >93%를 보였습니다. Valentine은 회사의 Q4 범위인 15,000–30,000 oz의 상단에 기여할 것으로 예상되며, 회사는 2026년 2분기까지 명판 용량에 도달할 것으로 예상하여 2026년 생산 범위를 150,000–200,000 oz로 지지합니다. 단계 2 연구는 5 Mtpa로 공정 처리량을 두 배로 늘리는 것을 평가하기 위해 진행 중입니다.
Equinox Gold (TSX: EQX, NYSE American: EQX) a annoncé une production commerciale sur son gisement Valentine Gold Mine, détenu à 100% par la société, à Terre-Neuve-et-Labrador le 18 novembre 2025. L’usine de traitement a affiché une moyenne de 5,451 tpd au cours des 60 derniers jours (environ 80% de la capacité nominale de 6,850 tpd) avec une taux de récupération d’or >93% sur l’alimentation de démarrage présentant une teneur 1,2 g/t. Valentine devrait contribuer à l’extrémité supérieure de la fourchette Q4 de la société, soit 15,000–30,000 oz, et la société prévoit d’atteindre la capacité nominale d’ici le 2e trimestre 2026, soutenant une fourchette de production pour 2026 de 150,000–200,000 oz. Les études de la phase 2 sont en cours pour évaluer un doublement du débit de la moulinie à 5 Mtpa.
Equinox Gold (TSX: EQX, NYSE American: EQX) meldete am 18. November 2025 die kommerzielle Produktion in der vollständig im Eigentum der Gesellschaft befindlichen Valentine Gold Mine in Newfoundland & Labrador. Die Aufbereitungsanlage lag in den letzten 60 Tagen durchschnittlich bei 5,451 tpd (etwa 80% der Nennkapazität von 6,850 tpd) mit einer Gold-Rückgewinnung >93% bei der Inbetriebnahme mit einer Durchsatz von 1,2 g/t. Valentine soll in den oberen Bereich der Q4-Spanne des Unternehmens von 15,000–30,000 oz fallen, und das Unternehmen rechnet damit, bis zum Q2 2026 die Nennkapazität zu erreichen, was eine Produktionsspanne für 2026 von 150,000–200,000 oz unterstützt. Studien der Phase 2 laufen, um eine Verdopplung des Mahlwerks auf 5 Mtpa zu prüfen.
Equinox Gold (TSX: EQX, NYSE American: EQX) أعلنت عن الإنتاج التجاري في منجم Valentine Gold Mine المملوك بنسبة 100% في نيوفندلاند ولابرادور في 18 نوفمبر 2025. بلغ متوسط مصنع المعالجة 5,451 tpd خلال آخر 60 يوماً (حوالي 80% من السعة الاسمية 6,850 tpd) مع استرداد الذهب >93% عند تغذية الإطلاق بتركيز 1.2 g/t. من المتوقع أن يسهم Valentine في الحد الأعلى من نطاق الربع الرابع للشركة ويتراوح بين 15,000–30,000 أوقية، وتتوقع الشركة الوصول إلى السعة الاسمية بحلول الربع الثاني من 2026، دعمًا لنطاق إنتاج 2026 بين 150,000–200,000 أوقية. تجري حالياً دراسات المرحلة 2 لتقييم مضاعفة سعة المطحنة إلى 5 Mtpa.
- Process plant averaged 5,451 tpd over 60 days
- 93%+ gold recovery on commissioning feed
- Valentine targeting 15,000–30,000 oz in Q4 2025
- 2026 production anticipated at 150,000–200,000 oz
- Current throughput at 80% nameplate (5,451 of 6,850 tpd)
- Commissioning feed grade was lower at 1.2 g/t
- Nameplate capacity not expected until Q2 2026
Vancouver, British Columbia--(Newsfile Corp. - November 18, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce commercial production at its
Darren Hall, CEO of Equinox Gold, commented: "Achieving commercial production at Valentine marks an important milestone as we expand our Canadian operations. The operation is performing well, with plant availability, throughput, and recoveries exceeding commissioning period expectations. I'm incredibly proud of the team for responsibly and efficiently ramping up production ahead of schedule.
"For the last 60 days, the Valentine process plant averaged 5,451 tonnes per day ("tpd"), representing
"Valentine is expected to deliver into the higher end of our Q4 production range of 15,000 to 30,000 ounces of gold. With the ramp-up firmly on track, I anticipate Valentine will reach nameplate capacity by Q2 2026, resulting in 150,000 to 200,000 ounces of gold produced in 2026. Concurrently we are advancing Phase 2 studies that could increase mill throughput to 5 million tonnes per year, doubling the current nameplate capacity, and up from 4 million tonnes in the 2022 feasibility study."
About Equinox Gold
Equinox Gold (TSX: EQX) (NYSE American: EQX) is a Canadian mining company positioned for growth with a strong foundation of high-quality, long-life gold operations in Canada and across the Americas, and a pipeline of development and expansion projects. Founded and chaired by renowned mining entrepreneur Ross Beaty and guided by a seasoned leadership team with broad expertise, the Company is focused on disciplined execution, operational excellence and long-term value creation. Equinox Gold offers investors meaningful exposure to gold with a diversified portfolio and clear path to growth. Learn more at www.equinoxgold.com or contact ir@equinoxgold.com.
Equinox Gold Contact
Ryan King
Executive Vice President, Capital Markets
T: 778.998.3700
E: Ryan.King@equinoxgold.com
E: ir@equinoxgold.com
Cautionary Notes & Forward-Looking Statements
This news release includes forward-looking information and forward-looking statements within the meaning of applicable securities laws and may include future-oriented financial information or financial outlook information (collectively "Forward-looking Information"). Actual results of operations and the ensuing financial results may vary materially from the amounts set out in any Forward-looking Information Forward-looking Information in this news release includes: the Company's strategic vision and expectations for exploration potential, production capabilities, growth potential, expansion projects and future financial or operating performance, including shareholder returns; expectations for Greenstone and Valentine operations, including achieving design capacity, anticipated production and cost guidance; potential future mining opportunities around Valentine; the Company's ability to improve cash flow and reduce debt. Forward-looking Information is typically identified by words such as "believe", "will", "achieve", "grow", "plan", "expect", "estimate", "anticipate", "increase", and similar terms, including variations like "may", "could", or "should", or the negative connotation of such terms. While the Company believes these expectations are reasonable, they are not guarantees and undue reliance should not be placed on them. Forward-looking Information is based on the Company's current expectations and assumptions, including: achievement of exploration, production, cost and development goals; completion and ramp up at Valentine; achieving design capacity at Greenstone and Valentine operations; accuracy of Mineral Reserve and Mineral Resource estimates; adherence to mine plans and schedules; expected ore grades and recoveries; absence of labour disruptions or unplanned delays; productive relationships with workers, unions and communities; maintenance and timely receipt of permits and regulatory approvals; compliance with environmental and safety regulations; and constructive engagement with Indigenous and community partners. While the Company considers these assumptions reasonable, they may prove incorrect. Forward-looking Information involves numerous risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such Forward-looking Information. Such factors include those described in the section "Risk Factors in in the Company's MD&A dated March 13, 2025 for the year ended December 31, 2024, and in the section titled "Risks Related to the Business" in Equinox Gold's most recently filed Annual Information Form which is available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar and in the section "Risk Factors" in Calibre Mining's MD&A dated February 19, 2025 for the year ended December 31, 2024 and the section titled "Risk Factors" in Calibre Mining's most recently filed Annual Information Form which is available on SEDAR+ at www.sedarplus.ca. Forward-looking Information reflects management's current expectations for future events and is subject to change. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any Forward-looking Information contained or incorporated by reference to reflect actual results, future events or developments, changes in assumptions or other factors affecting Forward-looking Information. If the Company updates any Forward-looking Information, no inference should be drawn that the Company will make additional updates with respect to those or other Forward-looking Information. All Forward-looking Information contained in this news release is expressly qualified by this cautionary statement.
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FAQ
When did Equinox Gold declare commercial production at Valentine (EQX)?
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