Reserves and Resources

Mineral Reserves & Resources

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PROVEN & PROBABLE MINERAL RESERVES

  Proven Probable Proven and Probable
Mine/Project Tonnes (kt) Grade (g/t) Contained gold (koz) Tonnes (kt) Grade (g/t) Contained gold (koz) Tonnes (kt) Grade (g/t) Contained gold (koz)
Aurizona 16,581 1.39 740 15,749 1.82 920 32,330 1.60 1,660
Castle Mountain 84,910 0.55 1,498 172,990 0.48 2,670 257,900 0.51 4,168
Mesquite 34 0.79 1 30,264 0.48 470 30,298 0.48 471
Los Filos 26,168 0.91 768 78,052 1.44 3,626 104,220 1.31 4,395
Leach pad inventory           114     114
RDM 11,681 0.96 360 5,872 1.04 196 17,553 0.99 556
Fazenda 5,319 1.57 269 1,335 1.09 47 6,653 1.47 315
Santa Luz 21,578 1.39 966 3,361 1.01 109 24,939 1.34 1,075
Greenstone1 3,374 1.28 139 77,820 1.27 3,184 81,193 1.27 3,323
Mercedes 381 5.50 67 2,224 3.60 258 2,605 3.90 325
Total Proven & Probable     4,808     11,594     16,402
  1. Shown on a 60% basis, reflecting Equinox Gold’s ownership in the project.

MEASURED & INDICATED MINERAL RESOURCES (inclusive of reserves)1

Mine Measured Indicated Measured and Indicated
Tonnes (kt) Grade (g/t) Contained gold (koz) Tonnes (kt) Grade (g/t) Contained gold (koz) Tonnes (kt) Grade (g/t) Contained gold (koz)
Aurizona 19,849 1.40 892 29,994 1.86 1,797 49,844 1.67 2,689
Castle Mountain 88,026 0.57 1,604 256,074 0.52 4,315 344,099 0.54 5,919
Mesquite 126 0.74 3 140,670 0.42 1,921 140,795 0.42 1,924
Los Filos 114,631 0.77 2,851 211,678 1.02 6,922 326,309 0.93 9,773
RDM 11,740 0.97 365 8,875 1.11 318 20,615 1.03 683
Fazenda 6,655 2.29 491 3,665 1.42 167 10,320 1.98 658
Santa Luz 31,063 1.36 1,362 9,696 1.96 610 40,760 1.54 1,972
Greenstone2 3,420 1.30 142 85,080 1.51 4,121 88,500 1.50 4,263
Brookbank       2,057 5.45 360 2,057 5.45 360
Kailey       6,766 0.96 209 6,766 0.96 209
Key Lake       2,257 1.16 85 2,257 1.16 85
Mercedes 858 4.48 124 3,627 4.10 478 4,485 4.17 602
Hasaga       42,294 0.83 1,124 42,294 0.83 1,124
Total Measured & Indicated     7,834     22,427     30,260
  1. Resources are inclusive of Reserves.
  2. Shown on a 60% basis, reflecting Equinox Gold’s ownership in the project.

INFERRED RESOURCES

Mine Tonnes (kt) Grade (g/t) Contained Gold (koz)
Aurizona 13,067 2.18 915
Castle Mountain 86,271 0.58 1,608
Mesquite 85,419 0.34 928
Los Filos 98,204 0.83 2,633
RDM 3,614 1.94 226
Fazenda 3,296 1.51 160
Santa Luz 7,265 2.07 483
Greenstone1 15,300 3.78 1,857
Brookbank 451 3.30 48
Kailey 2,915 0.87 82
Key Lake 1,103 1.39 49
Mercedes 1,548 4.74 236
Hasaga 25,143 0.78 631
Total Inferred     9,856
  1. Shown on a 60% basis, reflecting Equinox Gold’s ownership in the project.

Notes to Mineral Reserves & Resources

CIM (2014) Definition Standards were followed for Mineral Reserves. Mineral Resources are inclusive of Mineral Reserves. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Tonnage and grade measurements are in metric units. Contained gold is reported as troy ounces. Mineral resources do not include factors such as mining dilution or mining recovery. There is no certainty that the mine plans and economic models contained in any of the reports will be realized. Numbers may not add due to rounding. See Cautionary Notes on this website.
 
Details of cut-off grades, bulk densities, mining widths, dilution, mining factors and process recovery assumptions applied to Mineral Reserves and Mineral Resources are provided in the Technical Reports for each mine/project. Unless otherwise stated, Mineral Reserve and Mineral Resource information for each project is summarized, derived, or extracted from the following respective reports:
  • For the Greenstone Project: “NI 43-101 Technical Report, Hardrock Project, Ontario, Canada” prepared by G Mining Services Inc. for Premier Gold Mines Limited dated January 26, 2021 with an effective date of December 16, 2020.
  • For the Mesquite Mine: “Technical Report on the Mesquite Gold Mine, Imperial County, California, U.S.A.” prepared by AGP Mining Consultants Inc., dated April 27, 2020 with an effective date of December 31, 2019.
  • For the Castle Mountain Mine: “Technical Report on the Castle Mountain Project Feasibility Study” prepared by M3 Engineering & Technology Corp. dated March 17, 2021 with an effective date of February 16, 2021.
  • For the Los Filos Mine: “Independent Technical Report for the Los Filos Mine Complex, Mexico” prepared for Leagold Mining Corporation by SRK Consulting (Canada) Inc., dated March 11, 2019 with an effective date of October 31, 2018.
  • For the Mercedes Mine: “NI 43-101 Technical Report on the Mercedes Gold-Silver Mine, Sonora State, Mexico” prepared by BBA Inc. and G Mining Services Inc. dated June 30, 2021 with an effective date of December 31, 2020.
  • For the Aurizona Mine: “Technical Report on the Aurizona Gold Mine Expansion Pre-Feasibility Study" prepared by AGP Mining Consultants Inc. dated November 4, 2021 with an effective date of September 20, 2021.
  • For the Fazenda Mine: “NI 43-101 Technical Report on the Fazenda Brasileiro Mine, Bahia State, Brazil” prepared by Equinox Gold Corp. dated October 22, 2021 with an effective date of December 31, 2020.
  • For the RDM Mine: “NI 43-101 Technical Report on the Riacho dos Machados Gold Mine, Minas Gerais, Brazil” prepared by Equinox Gold Corp. dated October 22, 2021 with an effective date of December 31, 2020.
  • For the Santa Luz Project: “NI 43-101 Technical Report on the Santa Luz Project, Bahia State, Brazil” prepared by Equinox Gold Corp. dated November 30, 2020 with an effective date of June 30, 2020. 

The Mesquite, Castle Mountain, Aurizona, Fazenda, RDM and Santa Luz technical reports have been filed with Canadian securities regulatory authorities and are available for review on this website, on the Company’s profile on SEDAR at www.sedar.com and on the Company’s profile on EDGAR at www.sec.gov/EDGAR. The Greenstone (Hardrock) and Mercedes technical reports have been filed with Canadian securities regulatory authorities and are available for review on this website and on the profile of Premier Gold Mines on SEDAR at www.sedar.com. The Los Filos technical report has been filed with Canadian securities regulatory authorities and is available for review on this website and on the profile of Leagold Mining Corporation on SEDAR at www.sedar.com.

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