Equinox Gold (TSX: EQX)
Announced new results from the 2025 diamond drill program at its Valentine Gold Mine located in Newfoundland & Labrador, Canada.
Drilling has confirmed a new gold discovery – the Minotaur Zone– located 8 km northwest of the mill, and broad zones of high-grade.
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Valentine Gold Mine, Newfoundland, Canada – Courtesy of Equinox Gold
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Equinox Gold |
TSX: EQX |
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Stage |
Production, development, exploration |
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Metals |
Gold |
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Market cap |
C$16.66 Billion @ C$19.95 |
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Location |
Canada, Nicaragua, USA, Brazil |
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Website |
www.equinoxgold.com |
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Equinox Gold Announces Significant New AI-Supported Gold Discovery 8 km from Valentine Mill and Additional High-Grade Gold Mineralization Outside of Resources at The Valentine Gold Mine, Canada
Highlight intercepts include 2.68 g/t gold over 32 metres, 22.10 g/t gold over 6.3 metres, 3.12 g/t gold over 63.9 metres, 7.50 g/t gold over 12.6 metres
Equinox Gold (TSX: EQX) (“Equinox Gold” or the “Company”) is pleased to announce new results from the 2025 diamond drill program at its Valentine Gold Mine (“Valentine”) located in Newfoundland & Labrador, Canada.
Drilling has confirmed a new gold discovery – the Minotaur Zone – located 8 km northwest of the mill, and broad zones of high-grade.
Drilling also encountered continuous gold mineralization in the Frank Zone, located along trend southwest of the existing Leprechaun open pit.
These results further reinforce the Company’s confidence in the potential for new discoveries and resource expansion, underscoring the relatively untapped potential of the district (see previous news releases dated November 25, 2024 and February 11, 2025).
The 2026 exploration program is targeting approximately 100 km of drilling across the Valentine property, focusing on Frank, Minotaur, resource expansion and additional greenfield discoveries.
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Darren Hall, Chief Executive Officer of Equinox Gold commented:
“These latest drill results continue to strengthen our confidence in the scale and quality of the Valentine Gold District.
“At the Frank Zone, located outside of current Resources we are seeing consistent, high-grade gold mineralization over broad widths, supporting the potential for a new open pit capable of contributing to both production growth and mine life extension beyond the current 14-year mine plan.
“Early drilling at the newly discovered Minotaur Zone also confirms that significant gold mineralization exists well outside the main Valentine Lake Shear Zone structure. Initial drilling in 2025 defined mineralization over a 700-metre strike length and remaining open in all directions, with step-outs suggesting the potential for the mineralized system to extend over approximately 2 km.
“While Minotaur exploration is still at an early stage, the presence of surface grab samples with visible gold grading as high at 650 g/t gold and multiple high-grade drill intercepts over meaningful widths underscores the broader, district-scale potential of the property.
“Given the significance of this new discovery, we are planning 15,000 – 20,000 m of drilling in the Minotaur Zone in 2026.
“With less than 15% of the 320-square-kilometre Valentine land package explored to date, results from Frank, Minotaur and other emerging targets continue to demonstrate that Valentine has the potential to support long-term growth well beyond the current mine plan.”
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To read the full news release please click HERE
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Disclosure
At the time of writing the author holds shares in Equinox Gold.
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