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Equinox Gold says it’s on track to produce first gold at the C$1.2 billion Greenstone project in northern Ontario next month after starting ore processing this week.
“Once operating at full capacity, Greenstone will be our largest and lowest cost-mine,” president and CEO Greg Smith said in a release on Tuesday. “We look forward to first gold in May and continuing to advance the project to commercial production.” Equinox has stockpiled more than 1.5 million tonnes of ore at Greenstone and pre-crushed 70,000 tonnes of low-grade ore for early commissioning feed, it said. Progressively higher-grade ore is to be fed into the mill as production ramps up towards a planned throughput of 27,000 tonnes per day. Commercial production is targeted for this year’s third quarter.
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