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An update from Equinox Gold ( (TSE:EQX) ) is now available.
Equinox Gold has announced a significant update to its Fazenda Mine’s Mineral Reserve and Mineral Resource estimates, extending the mine’s life by seven years to 2033. The revisions reflect a 142% increase in mineral reserves and a 418% increase in measured and indicated resources. This expansion demonstrates successful exploration efforts and suggests potential opportunities for further development and regional exploration, supporting Equinox Gold’s positioning as a leader in the gold mining industry.
More about Equinox Gold
Equinox Gold Corp. is a mining company operating in the gold industry with a focus on exploration and development. It operates the Fazenda Mine in Bahia State, Brazil, which has both underground and open pit mining operations.
YTD Price Performance: -4.14%
Average Trading Volume: 4,339,803
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.32B
For an in-depth examination of EQX stock, go to TipRanks’ Stock Analysis page.
