Business
Equinox Gold Delivers Record 236,470 Ounces in Q3 2025, Driving Strong Finish to the Year and Continued Buoyant Growth Into 2026
Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce production results for the three months ("Q3") and nine months ended September 30, 2025, along with an update on operations at its two Canadian cornerstone assets: the Valentine Gold Mine ("Valentine") in Newfoundland & Labrador and the Greenstone Gold Mine ("Greenstone") in Ontario. Darren Hall, CEO of Equinox Gold,...
About this update from Equinox Gold Corp.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") is pleased to announce production results for the three months ("Q3") and nine months ended September 30, 2025, along with an update on operations at its two Canadian cornerstone assets: the Valentine Gold Mine ("Valentine") in Newfoundland & Labrador and the Greenstone Gold Mine ("Greenstone") in Ontario.","length":512,"tagName":"p"},{"type":"text","content":"Darren Hall, CEO of Equinox Gold, commented: "Equinox Gold delivered a solid third quarter, producing a record consolidated 236,470 ounces of gold, reflecting the strength of our expanded portfolio following the merger completed in June. Even after the divestment of our Nevada assets, we remain on track to deliver in the mid-range of our consolidated annual gold production guidance of 785,000 to 915,000 ounces.","length":419,"tagName":"p"},{"type":"text","content":""At Greenstone, operational performance improved meaningfully during the quarter. In Q3 mining rates exceeded 185,000 tonnes per day, a 10% increase over Q2 and a 21% increase over Q1. Importantly, mill grades improved 13% in Q3 to 1.05 grams per tonne ("g/t") gold, with September averaging above 1.3 g/t gold. While we anticipate Greenstone's full-year production to be at the lower end of guidance of 220,000 to 260,000 ounces, the progress being made in both mining and milling, together with increasing grades, supports our confidence in Greenstone delivering a strong Q4 and continuing that momentum into 2026.","length":635,"tagName":"p"},{"type":"text","content":""Valentine delivered first gold ahead of schedule on September 14, with commissioning progressing well since introducing ore into the circuit on August 27. Through September 30, the plant averaged 57% of nameplate capacity, with more than 23% of days exceeding nameplate. As Valentine continues to ramp-up operations, we anticipate producing 15,000 to 30,000 ounces of gold in Q4 and delivering consistent nameplate capacity of 2.5 million tonnes per year by Q2 2026.","length":472,"tagName":"p"},{"type":"text","content":""During Q3 we also strengthened our balance sheet, reducing debt by US$139 million. Subsequent to quart...