Company is reviewing expanding the mine to a 200,000oz/yr operation.
Equinox announced first gold pour at the Castle Mountain mine in California
The Canadian company is expecting to produce 5,000-10,000 ounces in 2020 and approximately 40,000oz annually on average during the Phase 1 mine life.
It announced first gold pour in October.
Equinox is now is reviewing the potential for a Phase 2 expansion to increase average production to 200,000oz/yr. A feasibility study is expected to be completed in the first quarter of 2021.
Equinox operates two properties in the United States, one in Mexico and five in Brazil.
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