Equinox Gold (TSX: EQX; NYSE: EQX) has announced an increase in reserves and resources at its Mesquite open-pit heap leach gold mine in California, 56 km east of Brawley and 84 km northwest of Yuma, Arizona.
According to the company, estimated proven and probable reserves increased by 142,267 oz. gold as of June 30, up 28% from the previous estimate in December 2019, and now stands at 37.8 million tonnes grading 0.54 gram gold per tonne for 658,000 contained oz. gold. The estimate, the company said, is net of mining depletion amounting to 68,267 oz. gold during the first half of 2020.
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Equinox Gold (TSX: EQX; NYSE: EQX) has announced an increase in reserves and resources at its Mesquite open-pit heap leach gold mine in California, 56 km east of Brawley and 84 km northwest of Yuma, Arizona.
According to the company, estimated proven and probable reserves increased by 142,267 oz. gold as of June 30, up 28% from the previous estimate in December 2019, and now stands at 37.8 million tonnes grading 0.54 gram gold per tonne for 658,000 contained oz. gold. The estimate, the company said, is net of mining depletion amounting to 68,267 oz. gold during the first half of 2020.
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