VANCOUVER, BC, Sept. 8,
2022 /PRNewswire/ - Equinox Gold Corp. (TSX:
EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") reports
that mining activities at its Los Filos Mine in Mexico have been temporarily suspended as the
result of an illegal blockade by members of the nearby Mezcala community. The blockade is preventing
delivery of certain supplies to the Los Filos Mine that are
required to maintain operations.
The Company will engage with community leadership to find a
solution that allows the mine to resume full operations.
Equinox Gold Contacts
Greg Smith, President & Chief
Executive Officer
Rhylin Bailie, Vice President,
Investor Relations
Tel: +1 604-558-0560
Email: ir@equinoxgold.com
About Equinox Gold
Equinox Gold is a Canadian mining company operating entirely in
the Americas, with six gold mines, a mine in commissioning, and a
clear path to achieve more than one million ounces of annual gold
production from a pipeline of development and expansion projects.
Equinox Gold's common shares are listed on the TSX and the NYSE
American under the trading symbol EQX. Further information about
Equinox Gold's portfolio of assets and long-term growth strategy is
available at www.equinoxgold.com or by email at
ir@equinoxgold.com.
Cautionary Notes
This news release contains certain forward-looking
information and forward-looking statements within the meaning of
applicable securities legislation and may include future-oriented
financial information. Forward-looking statements and
forward-looking information in this news release relate to, among
other things: the duration, extent, and implications of the
blockade at Los Filos and Equinox Gold's ability to achieve a
long-term resolution with the Mezcala community, and the strategic vision
for Equinox Gold and expectations regarding exploration potential,
production capabilities and future financial or operational
performance. Forward-looking statements or information generally
identified by the use of the words "will", "resume", "achieve" and
similar expressions and phrases or statements that certain actions,
events or results "may", "could", or "should", or the negative
connotation of such terms, are intended to identify forward-looking
statements and information. Although Equinox Gold believes that the
expectations reflected in such forward-looking statements and
information are reasonable, undue reliance should not be placed on
forward-looking statements since Equinox Gold can give no assurance
that such expectations will prove to be correct. The Company has
based these forward-looking statements and information on Equinox
Gold's current expectations and projections about future events and
these assumptions include: the Company's previous working history
with the communities around Los Filos; discussions with the
Mezcala community; the Company's
ability to obtain and enforce injunctive relief against illegal
blockades; the Company's working history with the workers and
unions at Los Filos; and the Company's ability to comply with all
environmental, health and safety laws and other regulatory
requirements.
While Equinox Gold considers these assumptions to be
reasonable based on information currently available, they may prove
to be incorrect. Accordingly, readers are cautioned not to put
undue reliance on the forward-looking statements or information
contained in this news release. The Company cautions that
forward-looking statements and information involve known and
unknown risks, uncertainties and other factors that may cause
actual results and developments to differ materially from those
expressed or implied by such forward-looking statements and
information contained in this presentation and Equinox Gold has
made assumptions and estimates based on or related to many of these
factors. Such factors include, without limitation: employee
relations; relationships with, and claims by, local communities and
indigenous populations; no other labour-related disruptions and no
unplanned delays or interruptions in scheduled construction,
development and production, including by blockade or industrial
action; operational risks and hazards inherent with the business of
mining (including environmental accidents and hazards, industrial
accidents, equipment breakdown, unusual or unexpected geological or
structural formations, cave-ins, flooding and severe weather);
fluctuations in gold prices; fluctuations in prices for energy
inputs, labour, materials, supplies and services; fluctuations in
currency markets; inadequate insurance, or inability to obtain
insurance to cover these risks and hazards; the Company's ability
to obtain all necessary permits, licenses and regulatory approvals
in a timely manner or at all; changes in laws, regulations and
government practices, including environmental and export and import
laws and regulations; legal restrictions relating to mining
including those imposed in connection with COVID-19; and those
factors identified in the section titled "Risks and Uncertainties"
in Equinox Gold's MD&A dated March 23,
2022 for the year ended December 31,
2021, and in the section titled "Risks Related to the
Business" in Equinox Gold's Annual Information Form dated
March 24, 2022 for the year ended
December 31, 2021, both of which are
available on SEDAR at www.sedar.com and on EDGAR at
www.sec.gov/edgar. Forward-looking statements and information are
designed to help readers understand management's views as of that
time with respect to future events and speak only as of the date
they are made. Except as required by applicable law, Equinox Gold
assumes no obligation to update or to publicly announce the results
of any change to any forward-looking statement or information
contained or incorporated by reference to reflect actual results,
future events or developments, changes in assumptions or changes in
other factors affecting the forward-looking statements and
information. If Equinox Gold updates any one or more
forward-looking statements, no inference should be drawn that
Equinox Gold will make additional updates with respect to those or
other forward-looking statements. All forward-looking statements
and information contained in this news release are expressly
qualified in their entirety by this cautionary statement.
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SOURCE Equinox Gold Corp.
