Vancouver, British Columbia--(Newsfile Corp. - April 8, 2024) - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) ("Equinox Gold" or the "Company") reports that persistent heavy rains in Maranhão, Brazil have caused a displacement of material in two locations in the south wall of the Piaba pit at its Aurizona mine. There were no injuries, no damage to equipment or infrastructure, and no environmental damage.

As a result of this geotechnical event, access to the Piaba pit has been restricted and mining has been paused while the Company establishes an initial remediation plan and confirms the safety of the pit. Milling and gold production continues from the ore stockpile, as is typical during the rainy season. To mitigate any potential impact on planned 2024 production from the Piaba pit, the Company expects to accelerate mining activities at the new Tatajuba pit.

The Company will perform an updated geotechnical assessment of the Piaba pit and nearby infrastructure to determine further remediation required for long-term stability.

Equinox Gold Contacts

Greg Smith, President & CEO
Rhylin Bailie, VP Investor Relations