Greenstone Mine
Greenstone Gold Mine is located in Geraldton, Ontario, approximately 275 km northeast of Thunder Bay. The mine is owned in a 60/40 partnership between Equinox Gold and Orion Mine Finance, and has Long-term Relationship Agreements in place with five Indigenous groups: Animbiigoo Zaagi'igan Anishinaabek, Aroland First Nation, Ginoogaming First Nation, Long Lake #58 First Nation and the Métis Nation of Ontario.
On October 27, 2021, Equinox Gold announce groundbreaking to commence construction, with the target of pouring first gold in the first half of 2024. After 2.5 years of construction, the team achieved its objective, pouring first gold on xxx, 2024!
Greenstone will be one of the largest open-pit mines in Canada, with production estimated at more than 400,000 ounces of gold annually for the first five years. Greenstone is also a long-life mine, with an initial mine life of nearly 15 years from the existing more than five million ounces of gold reserves, and multiple opportunities to both extend the mine life and increase production by expanding the open pit and developing both underground and near-mine deposits.
Greenstone Mine will be Equinox Gold's cornerstone asset, as its largest, lowest-cost mine, and will be transformative for the Geraldton region of Ontario, providing employment, business opportunities and community benefits for years to come.