Equinox Gold Begins Mining at Aurizona
“Aurizona will be Equinox Gold’s first operating mine and is expected to produce on average 136,000 ounces of gold per year over the life of the mine,” said Christian Milau, CEO of Equinox Gold. “While the Aurizona operations team is focused on achieving production, Equinox Gold’s exploration team is focused on mine life extension and district-scale opportunities.” Milau said there is 4 kilometers of strike extension to be tested with upcoming exploration programs and a study is under way examining opportunities to develop the underground potential of the gold deposit.
The overall project was 44% complete and engineering, procurement and construction management activities were 61% complete at the end of March. Plant construction was 27% complete at the end of March. Construction is proceeding on schedule and on budget, with $43 million of the $146 million construction budget spent and $76 million committed at the end of March.