Equinox Gold Corp. · AMEX:EQX
Equinox Gold — Q1 2026 Earnings Presentation
14 slides from Equinox Gold's earnings presentation, May 7, 2026
Slide 1: Q1 2026 Results & Corporate Update
Gaining Momentum Streamlined Portfolio Strong Balance Sheet Q1 2026 RESULTS & CORPORATE UPDATE MAY 7, 2026 Date X, 2025
Slide 2: Cautionary Notes
Cautionary Notes Forward-looking Statements. This presentation contains certain forward-looking information and forward-looking Non-IFRS Measures. This his presentation refers to all-in sustaining costs (AISC) per ounce sold, cash costs per ounce statements within the meaning of applicable securitie
Slide 3: Equinox Gold: Progressing towards Top-Tier Gold Miner Status
Equinox Gold: Progressing towards Top-Tier Gold Miner Status 2025 was a Transformational Year Diversified Portfolio Weighted to Canada • Merger with Calibre reset the foundation of the business (Consensus Analyst NAV by Region)2 • Achieved production and costs guidance • Delivered new Canadian gold
Slide 4: Q1 2026 Performance: Solid Start to the Year
Q1 2026 Performance: Solid Start to the Year Financial Results Strong Production and Cash Flow From • Sold 199,217 oz at a realized gold price of $4,604/oz Continuing Operations • Total cash costs1 $1,633/oz ($1,601/oz from Continuing Operations2) $600 $0.30 • All-in sustaining costs1 $1,950/oz ($1,
Slide 5: Canadian Production: Continued Momentum
Canadian Production: Continued Momentum Q1 2026 Greenstone Performance • Produced 60,338 oz • Mining exceeded 180,000 tpd, 32% increase compared to Q1 2025 • Mill throughput averaged 24,544 tpd, 33% increase compared to Q1 2025 • Plant exceeded 27,000 tpd for 51% of days • Process grades averaged 0.
Slide 6: Growth Pipeline: +500,000 oz of Organic Growth Potential
Growth Pipeline: +500,000 oz of Organic Growth Potential VALENTINE1 ~223,000 oz/year With Phase 2 expansion ~223 koz Newfoundland, Canada 2.7 Moz Reserves to 5 Mtpa throughput CASTLE MOUNTAIN2 ~220,000 oz/year ~220 koz Heap leach California, USA 4.1 Moz Reserves LOS FILOS3 ~280,000 oz/year Heap leac
Slide 7: Equinox Gold: Continued Momentum and Value Creation
Equinox Gold: Continued Momentum and Value Creation Key Metrics in Place to Deliver Top Quartile Valuation 1,000,000 Quality long life, high margin gold assets Located in Tier 1 jurisdictions + 500,000 oz organic growth potential 4 That deliver into expectations Organic growth pipeline 750,0
Slide 8: Appendix
Appendix
Slide 9: 2026 Guidance
2026 Guidance CANADA 2026 GUIDANCE1 Greenstone Valentine Nicaragua Greenstone Mesquite Consolidated Newfoundland, Ontario, Canada Complex California, USA Canada Gold Production 700,000 - 800,000 250,000 - 300,000 150,000 - 200,000 200,000 - 250,000 70,000 - 80,000 (ounces) CANADA Valentine Cash Cost
Slide 10: Proven & Probable Mineral Reserves
Proven & Probable Mineral Reserves1 Proven Probable Proven & Probable Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Mine/Project, Location (kt) (g/t) Gold (koz) (kt) (g/t) Gold (koz) (kt) (g/t) Gold (koz) Greenstone, Canada 6,900 0.75 164 172,500 0.93 5,169 179,300 0.93 5,334
Slide 11: Measured & Indicated Mineral Resources
Measured & Indicated Mineral Resources1 Measured Indicated Measured & Indicated Tonnes Grade Contained Tonnes Grade Contained Tonnes Grade Contained Mine/Project, Location (kt) (g/t) Gold (koz) (kt) (g/t) Gold (koz) (kt) (g/t) Gold (koz) Greenstone, Canada 22 0.51 0 53,949 1.71 2,966 53,970 1.71 2,9
Slide 12: Inferred Mineral Resources
Inferred Mineral Resources1 Inferred Tonnes Grade Contained Gold Mine/Project, Location (kt) (g/t) (koz) Greenstone, Canada 31,182 1.66 1,663 Brookbank, Canada 1,491 2.36 113 Kailey, Canada 7,758 0.55 138 Key Lake, Canada 4,905 1.00 158 Hasaga, Canada 2,059 7.31 484 Valentine, Canada 31,989 1.10 1,1
Slide 13: Technical Disclosure
Technical Disclosure National Instrument 43-101 Scientific and technical information concerning the Greenstone Gold Mine is summarized, Technical reports for all of Equinox Gold’s projects are available on Equinox Gold’s website at derived, or extracted from the “NI 43-101 Technical Report, Greensto
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TSX: EQX NYSE-A: EQX +1 604.260.0516 ir@equinoxgold.com www.equinoxgold.com 14