Equinox gold announces positive feasibility study for castle mountain phase 2 expansion

Average annual phase 2 production of 218,000 oz of gold after-tax npv5% of $640 million and irr of 18% at $1,500/oz gold all dollar figures in us dollars, unless otherwise indicated vancouver, bc, march 22, 2021 /prnewswire/ - equinox gold corp. (tsx: eqx), (nyse: eqx) ("equinox gold" or the "company") is pleased to announce the results of a feasibility study ("2021 feasibility") for the phase 2 expansion ("phase 2") at the company's 100%-owned castle mountain gold mine ("castle mountain") located in california, usa. on a standalone basis, phase 2 is expected to produce 3.2 million ounces ("oz") of gold at average all-in-sustaining costs ("aisc") of $858 per oz of gold sold.
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