Equinox Gold Announces Changes to Executive Team
06 November 2018 - 12:57PM
Equinox Gold Corp. (TSX-V: EQX, OTC: EQXFF) (“Equinox Gold” or the
“Company”) announces today that Mr. David Laing is leaving his
position as Chief Operating Officer (“COO”), effective immediately.
With the Company’s recent acquisition of the Mesquite Gold Mine and
construction at its Aurizona Gold Mine nearing completion, the
Company will be a multi-asset gold producer and Mr. Laing has
chosen to retire to pursue other interests. Mr. Laing will remain
in an advisory capacity to Equinox Gold’s senior management team.
“It has been a privilege and a pleasure to work
with David over the last five years at Equinox Gold, True Gold and
Endeavour Mining,” said Christian Milau, Chief Executive Officer of
Equinox Gold. “David’s ideas and vision for growth and his years of
experience have been instrumental in growing the Company, and his
respect and consideration for others has helped shape the culture
of Equinox Gold. On behalf of Equinox Gold’s Board of Directors and
the entire team, and on a very personal level, I thank David for
his significant contributions to the Company and wish him well with
his future endeavours.”
Mr. James (Jim) Currie will assume the role of
COO, bringing a depth of operational experience to the Company,
including in California and Brazil. Mr. Currie has been
consulting on and leading Aurizona development since June 2018 and
also worked with the Mesquite Gold Mine from 2009 to 2011 in his
capacity as COO of New Gold. Mr. Currie has held the role of COO
for a number of multi-operational companies, most recently as COO
of Pretivm Resources where he led development of the Brucejack gold
asset. Previously, he led the construction and development of New
Gold’s New Afton gold mine, which went into production in 2012.
Over the course of his more than 30-year career in the mining
industry he has been a director on various boards and held senior
management, engineering and operation roles for a number of mines
and projects. Mr. Currie holds a Bachelor of Applied Science degree
with honours in mining engineering from Queen’s University and is a
registered professional engineer. He was the 2014 co-winner of AME
BC’s prestigious EA Scholtz Award for Excellence in Mine
Development for his work on New Afton.
“We have valued Jim’s contributions at Equinox
Gold to date and welcome him to the team as Chief Operating
Officer,” continued Mr. Milau. “Jim’s breadth of development and
operating knowledge and experience, including at the Company’s
newly-acquired Mesquite Mine, will be integral to Equinox Gold as
the Company becomes a multi-mine producer in the next few
months.”
About Equinox Gold
Equinox Gold is a Canadian mining company with a
multi-million-ounce gold reserve base, gold production from its
Mesquite Gold Mine in California, and near-term production growth
from two past-producing mines in Brazil and California.
Construction is well advanced at the Company’s Aurizona Gold Mine
in Brazil with the objective of achieving commercial production
around the end of Q1-2019, and the Company is advancing its Castle
Mountain Gold Mine in California with the objective of ramping-up
Phase 1 operations in early 2020. 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.
Equinox Gold Contacts
Christian Milau, CEORhylin Bailie, Vice
President Investor RelationsTel: +1 604-558-0560Email:
ir@equinoxgold.com
Cautionary Notes and Forward-Looking
Statements
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as such term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This document contains certain forward-looking
information and forward-looking statements within the meaning of
applicable securities legislation (collectively “forward-looking
statements”). The use of the words “will”, “objective”,
“advancing”, “strategy”, “transitions” and similar expressions are
intended to identify forward-looking statements. Forward-looking
statements contained in this news release include, but are not
limited to, statements regarding construction activities and the
planned restart of production at Aurizona; planned development and
anticipated production at Castle Mountain; and the growth potential
of the Company. Although the Company believes that the expectations
reflected in such forward-looking statements and/or information are
reasonable, undue reliance should not be placed on forward-looking
statements since the Company can give no assurance that such
expectations will prove to be correct. These forward-looking
statements may relate to the Company’s future outlook and
anticipated events, such as the Company’s ability to successfully
operate Mesquite, the Company’s ability to achieve the results
anticipated in the Aurizona feasibility study, the Company’s
ability to complete Aurizona construction activities on time and on
budget, the Company’s ability to restart production at Aurizona and
timing of the anticipated restart of production, the Company’s
ability to achieve the annual production estimated for Aurizona,
the Company’s ability to restart production at Castle Mountain and
timing of the anticipated restart of production, the Company’s
ability to achieve the results anticipated in the Castle Mountain
prefeasibility study, and statements regarding the Company’s
assets, business strategy, plans and objectives. The Company has
based these forward-looking statements largely on the Company’s
current expectations and projections about future events and
financial trends affecting the financial condition of the Company’s
business. These forward-looking statements were derived using
numerous assumptions regarding expected growth, results of
operations, performance and business prospects and opportunities
that could cause the Company’s actual results to differ materially
from those in the forward-looking statements. While the Company
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 these
forward-looking statements. Forward-looking statements should not
be read as a guarantee of future performance or results.
Forward-looking statements are based on information available at
the time those statements are made and/or management's good faith
belief as of that time with respect to future events and are
subject to risks and uncertainties that could cause actual
performance or results to differ materially from those expressed in
or suggested by the forward-looking statements. Forward-looking
statements speak only as of the date those statements are made.
Except as required by applicable law, the Company assumes no
obligation to update or to publicly announce the results of any
change to any forward-looking statement contained or incorporated
by reference herein to reflect actual results, future events or
developments, changes in assumptions or changes in other factors
affecting the forward-looking statements. If the Company updates
any one or more forward-looking statements, no inference should be
drawn that the Company will make additional updates with respect to
those or other forward-looking statements. All forward-looking
statements contained in this press release are expressly qualified
in their entirety by this cautionary statement.
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