# Equinox Gold Secures Long-Term Land Access Agreements with All Three Communities at Los Filos Mine, Planning and Technical Work Underway to Support Mine Restart and Annual Production Expansion

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4

Original source: https://money.tmx.com/en/quote/EQX/news/5332735398661726/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities

Publisher: tmx

Original announcement: 2026-06-25T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Equinox Gold Corp.

- Ticker: EQX

- Exchange: TSX

- Region: Mexico

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Resource update, Agreement transaction

- Extracted: 2026-09-13 22:32:40 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Equinox Gold has secured 20-year land access agreements with all three communities hosting its Los Filos Mine in Mexico, enabling the restart of heap leach operations and advancing technical studies for expansion. The Los Filos Mine holds substantial mineral reserves of 5.4 million ounces of gold and 42.6 million ounces of silver, and measured and indicated resources of 7.9 million ounces of gold and 77.4 million ounces of silver \(exclusive of reserves\), as of June 30, 2022. The company plans to optimize and grow the operation, including evaluating increased throughput for a potential carbon-in-leach facility.

Reasoning: Equinox Gold has secured crucial long-term land access agreements for its Los Filos Mine, enabling the restart of operations and advancing expansion studies for a significant gold-silver deposit, despite the resource/reserve data being from 2022.

- Positive factor: Long-term land access agreements secured

- Positive factor: Mine restart planning initiated

- Positive factor: Significant mineral reserves and resources

- Positive factor: Potential for expansion and optimization

- Positive factor: QP sign-off on technical information

- Negative factor: Resource/reserve effective date is June 30, 2022 \(stale data\)

- Negative factor: Production guidance for 2026 excludes Los Filos, indicating restart will take time

- Negative factor: Risks related to legal, political, environmental factors mentioned

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 30

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: Mineral Reserves and Resources have been estimated in accordance with CIM Definition Standards for Mineral Resources and Mineral Reserves \(2014\), which are incorporated by reference in NI 43-101.

Evidence · text

> Mineral Reserves have been estimated in accordance with CIM Definition Standards for Mineral Resources and Mineral Reserves \(2014\), which are incorporated by reference in NI 43-101.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Matthew MacPhail, P.Eng., Senior Vice President Business Planning and Technical Services for Equinox Gold and a “Qualified Person” under National Instrument 43-101, approved the scientific and technical information. Mr. Eugene Tucker, P.Eng., Mr. Paul Salmenmaki, P.Eng., and Mr. Ali Shahkar, P.Eng., are also named as “Qualified Persons” responsible for the estimates.

Evidence · text

> The scientific and technical information contained in this news release was approved by Matthew MacPhail, P.Eng., Senior Vice President Business Planning and Technical Services for Equinox Gold and a “Qualified Person” under National Instrument 43-101.

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: The effective date of the Mineral Reserves and Resources is June 30, 2022, while the announcement date is June 25, 2026, making the estimate over two years old.

Evidence · text

> Effective date of Mineral Reserves is June 30, 2022.

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports 'Proven' mineral reserves for both open pit and underground mining methods.

Evidence · table

> Proven

Context: Classification

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document reports 'Probable' mineral reserves for both open pit and underground mining methods.

Evidence · table

> Probable

Context: Classification

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The document reports 'Measured' mineral resources for Bermejal / Guadalupe Open Pit, Los Filos Open Pit, and Los Filos Underground.

Evidence · table

> Measured

Context: Classification

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The document reports 'Indicated' mineral resources for Bermejal / Guadalupe Open Pit, Bermejal Underground, Los Filos Open Pit, and Los Filos Underground.

Evidence · table

> Indicated

Context: Classification

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The document reports 'Inferred' mineral resources for Bermejal / Guadalupe Open Pit, Bermejal Underground, Los Filos Open Pit, and Los Filos Underground.

Evidence · table

> Inferred

Context: Classification

**Open Pit Mining Method**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Both mineral reserves and resources are reported for 'Open Pit' mining methods.

Evidence · table

> Open Pit

Context: Mining Method

**Underground Mining Method**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Both mineral reserves and resources are reported for 'Underground' mining methods.

Evidence · table

> Underground

Context: Mining Method

## Extracted facts

Stored fact records: 30. Some facts used in scoring do not have a stored record.

## Resource Estimates (30)

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-0)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:9ca97364fc998b529c94

#### Resource Data

- Category: proven
- Tonnes: 35154000
- Grade: 0.74
- Grade Unit: g/t
- Contained Metal: 837
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Proven open pit gold reserve with good grade, contributing significantly to the overall reserve base.

- Positive factor: High confidence proven reserve

- Positive factor: Open pit mining method

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.74

Context: 35,154

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-1)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:9ca97364fc998b529c94

#### Resource Data

- Category: proven
- Tonnes: 35154000
- Grade: 5
- Grade Unit: g/t
- Contained Metal: 5677
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Proven open pit silver reserve, providing byproduct value.

- Positive factor: High confidence proven reserve

- Positive factor: Open pit mining method

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 5.0

Context: 35,154

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-2)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:d058eb66e9514295b3d3

#### Resource Data

- Category: proven
- Tonnes: 299000
- Grade: 4.15
- Grade Unit: g/t
- Contained Metal: 40
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Proven underground gold reserve with high grade, though representing a smaller tonnage.

- Positive factor: High confidence proven reserve

- Positive factor: High gold grade for underground

- Negative factor: Small tonnage

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 4.15

Context: 299

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### proven

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-3)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:d058eb66e9514295b3d3

#### Resource Data

- Category: proven
- Tonnes: 299000
- Grade: 13.7
- Grade Unit: g/t
- Contained Metal: 132
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Proven underground silver reserve, providing byproduct value from a smaller tonnage.

- Positive factor: High confidence proven reserve

- Negative factor: Small tonnage

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 13.7

Context: 299

#### Tags used in scoring

**Proven Reserve**

Polarity: positive

Definition: Measured Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "proven"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-4)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:9bc87d540b4a68920160

#### Resource Data

- Category: probable
- Tonnes: 145476000
- Grade: 0.62
- Grade Unit: g/t
- Contained Metal: 2921
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large probable open pit gold reserve, forming a substantial part of the overall reserve base.

- Positive factor: Large probable open pit gold reserve

- Positive factor: Significant contained metal

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.62

Context: 145,476

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-5)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:9bc87d540b4a68920160

#### Resource Data

- Category: probable
- Tonnes: 145476000
- Grade: 6.3
- Grade Unit: g/t
- Contained Metal: 29303
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large probable open pit silver reserve, providing significant byproduct value.

- Positive factor: Large probable open pit silver reserve

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 6.3

Context: 145,476

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-6)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:47094e9cf6f7054cd7c7

#### Resource Data

- Category: probable
- Tonnes: 12297000
- Grade: 3.94
- Grade Unit: g/t
- Contained Metal: 1556
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Significant probable underground gold reserve with high grade, contributing to the overall reserve base.

- Positive factor: Significant probable underground gold reserve

- Positive factor: High gold grade for underground

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 3.94

Context: 12,297

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### probable

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-7)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: reserve
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:47094e9cf6f7054cd7c7

#### Resource Data

- Category: probable
- Tonnes: 12297000
- Grade: 18.9
- Grade Unit: g/t
- Contained Metal: 7458
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Significant probable underground silver reserve, providing byproduct value.

- Positive factor: Significant probable underground silver reserve

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 18.9

Context: 12,297

#### Tags used in scoring

**Probable Reserve**

Polarity: positive

Definition: Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-8)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:561eca676cd0c35afc48
- Deposit or zone: Bermejal / Guadalupe Open Pit

#### Resource Data

- Category: measured
- Tonnes: 9898000
- Grade: 0.76
- Grade Unit: g/t
- Contained Metal: 243
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Measured open pit gold resource with good grade, contributing to the overall resource base.

- Positive factor: High confidence measured resource

- Positive factor: Open pit mining method

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.76

Context: 9,898

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-9)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:561eca676cd0c35afc48
- Deposit or zone: Bermejal / Guadalupe Open Pit

#### Resource Data

- Category: measured
- Tonnes: 9898000
- Grade: 6.4
- Grade Unit: g/t
- Contained Metal: 2034
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Measured open pit silver resource, providing byproduct value.

- Positive factor: High confidence measured resource

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 6.4

Context: 9,898

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-10)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:035ed089088a59cf4713
- Deposit or zone: Bermejal / Guadalupe Open Pit

#### Resource Data

- Category: indicated
- Tonnes: 184152000
- Grade: 0.59
- Grade Unit: g/t
- Contained Metal: 3492
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large indicated open pit gold resource, forming a substantial part of the overall resource base.

- Positive factor: Large indicated open pit gold resource

- Positive factor: Significant contained metal

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.59

Context: 184,152

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-11)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:035ed089088a59cf4713
- Deposit or zone: Bermejal / Guadalupe Open Pit

#### Resource Data

- Category: indicated
- Tonnes: 184152000
- Grade: 7.6
- Grade Unit: g/t
- Contained Metal: 45186
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large indicated open pit silver resource, providing significant byproduct value.

- Positive factor: Large indicated open pit silver resource

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 7.6

Context: 184,152

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-12)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:999c8666ebad3e1c0412
- Deposit or zone: Bermejal / Guadalupe Open Pit

#### Resource Data

- Category: inferred
- Tonnes: 44292000
- Grade: 0.55
- Grade Unit: g/t
- Contained Metal: 777
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Inferred open pit gold resource, indicating exploration potential.

- Positive factor: Significant inferred open pit gold resource

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.55

Context: 44,292

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-13)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:999c8666ebad3e1c0412
- Deposit or zone: Bermejal / Guadalupe Open Pit

#### Resource Data

- Category: inferred
- Tonnes: 44292000
- Grade: 9.8
- Grade Unit: g/t
- Contained Metal: 13932
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Inferred open pit silver resource, indicating exploration potential.

- Positive factor: Significant inferred open pit silver resource

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 9.8

Context: 44,292

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-14)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:26a922d3a62e4d011e65
- Deposit or zone: Bermejal Underground \(below $1,500 pit shell\)

#### Resource Data

- Category: indicated
- Tonnes: 998000
- Grade: 3.97
- Grade Unit: g/t
- Contained Metal: 127
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Indicated underground gold resource with high grade, contributing to the overall resource base.

- Positive factor: Indicated underground gold resource

- Positive factor: High gold grade for underground

- Negative factor: Small tonnage

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 3.97

Context: 998

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-15)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:26a922d3a62e4d011e65
- Deposit or zone: Bermejal Underground \(below $1,500 pit shell\)

#### Resource Data

- Category: indicated
- Tonnes: 998000
- Grade: 16.3
- Grade Unit: g/t
- Contained Metal: 522
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Indicated underground silver resource, providing byproduct value.

- Positive factor: Indicated underground silver resource

- Negative factor: Small tonnage

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 16.3

Context: 998

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-16)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:81d224e9ba3d4267646e
- Deposit or zone: Bermejal Underground \(below $1,500 pit shell\)

#### Resource Data

- Category: inferred
- Tonnes: 1501000
- Grade: 4.98
- Grade Unit: g/t
- Contained Metal: 241
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Inferred underground gold resource with high grade, indicating exploration potential.

- Positive factor: Inferred underground gold resource

- Positive factor: High gold grade for underground

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 4.98

Context: 1,501

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-17)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:81d224e9ba3d4267646e
- Deposit or zone: Bermejal Underground \(below $1,500 pit shell\)

#### Resource Data

- Category: inferred
- Tonnes: 1501000
- Grade: 22.7
- Grade Unit: g/t
- Contained Metal: 1093
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Inferred underground silver resource, providing byproduct value.

- Positive factor: Inferred underground silver resource

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 22.7

Context: 1,501

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-18)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:d174be07a352e833ee1b
- Deposit or zone: Los Filos Open Pit

#### Resource Data

- Category: measured
- Tonnes: 35327000
- Grade: 1.09
- Grade Unit: g/t
- Contained Metal: 1238
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Measured open pit gold resource with good grade, contributing significantly to the overall resource base.

- Positive factor: High confidence measured resource

- Positive factor: Good gold grade for open pit

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 1.09

Context: 35,327

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-19)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:d174be07a352e833ee1b
- Deposit or zone: Los Filos Open Pit

#### Resource Data

- Category: measured
- Tonnes: 35327000
- Grade: 6.4
- Grade Unit: g/t
- Contained Metal: 7315
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Measured open pit silver resource, providing byproduct value.

- Positive factor: High confidence measured resource

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 6.4

Context: 35,327

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-20)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:05206e6811c47e631a6e
- Deposit or zone: Los Filos Open Pit

#### Resource Data

- Category: indicated
- Tonnes: 90544000
- Grade: 0.79
- Grade Unit: g/t
- Contained Metal: 2290
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large indicated open pit gold resource, forming a substantial part of the overall resource base.

- Positive factor: Large indicated open pit gold resource

- Positive factor: Significant contained metal

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.79

Context: 90,544

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-21)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:05206e6811c47e631a6e
- Deposit or zone: Los Filos Open Pit

#### Resource Data

- Category: indicated
- Tonnes: 90544000
- Grade: 6.5
- Grade Unit: g/t
- Contained Metal: 18857
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large indicated open pit silver resource, providing significant byproduct value.

- Positive factor: Large indicated open pit silver resource

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 6.5

Context: 90,544

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-22)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:07565acb7495b4d49178
- Deposit or zone: Los Filos Open Pit

#### Resource Data

- Category: inferred
- Tonnes: 87552000
- Grade: 0.68
- Grade Unit: g/t
- Contained Metal: 1914
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large inferred open pit gold resource, indicating significant exploration potential.

- Positive factor: Large inferred open pit gold resource

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 0.68

Context: 87,552

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-23)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:07565acb7495b4d49178
- Deposit or zone: Los Filos Open Pit

#### Resource Data

- Category: inferred
- Tonnes: 87552000
- Grade: 7.7
- Grade Unit: g/t
- Contained Metal: 21657
- Contained Unit: koz
- Cutoff Grade: 0.2
- Cutoff Unit: g/t

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Large inferred open pit silver resource, indicating exploration potential.

- Positive factor: Large inferred open pit silver resource

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

Evidence · table

> 7.7

Context: 87,552

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-24)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:06cf1f1100b0552fa75c
- Deposit or zone: Los Filos Underground

#### Resource Data

- Category: measured
- Tonnes: 2081000
- Grade: 4.13
- Grade Unit: g/t
- Contained Metal: 276
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Measured underground gold resource with high grade, contributing to the overall resource base.

- Positive factor: High confidence measured resource

- Positive factor: High gold grade for underground

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 4.13

Context: 2,081

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### measured

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-25)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:06cf1f1100b0552fa75c
- Deposit or zone: Los Filos Underground

#### Resource Data

- Category: measured
- Tonnes: 2081000
- Grade: 22.8
- Grade Unit: g/t
- Contained Metal: 1527
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Measured underground silver resource, providing byproduct value.

- Positive factor: High confidence measured resource

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 22.8

Context: 2,081

#### Tags used in scoring

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: category is "measured"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-26)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:220fdb7e106a6665f5f7
- Deposit or zone: Los Filos Underground

#### Resource Data

- Category: indicated
- Tonnes: 2326000
- Grade: 3.09
- Grade Unit: g/t
- Contained Metal: 231
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Indicated underground gold resource with good grade, contributing to the overall resource base.

- Positive factor: Indicated underground gold resource

- Positive factor: Good gold grade for underground

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 3.09

Context: 2,326

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-27)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:220fdb7e106a6665f5f7
- Deposit or zone: Los Filos Underground

#### Resource Data

- Category: indicated
- Tonnes: 2326000
- Grade: 25.7
- Grade Unit: g/t
- Contained Metal: 1920
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Indicated underground silver resource, providing byproduct value.

- Positive factor: Indicated underground silver resource

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 25.7

Context: 2,326

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-28)

Los Filos Mine · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: gold
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:224b912739b4ea7d722d
- Deposit or zone: Los Filos Underground

#### Resource Data

- Category: inferred
- Tonnes: 2590000
- Grade: 3.67
- Grade Unit: g/t
- Contained Metal: 306
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Inferred underground gold resource with high grade, indicating exploration potential.

- Positive factor: Inferred underground gold resource

- Positive factor: High gold grade for underground

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 3.67

Context: 2,590

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/equinox-gold-secures-long-term-land-access-agreements-with-all-three-communities--934024d0-40ff-4f7c-81e0-882780b2add4#fact-resource-facts-29)

Los Filos Mine · silver

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Los Filos Mine
- Commodity: silver
- Region: mexico
- Reported Region: Mexico
- Ticker: EQX

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Matthew MacPhail, Eugene Tucker, Paul Salmenmaki, Ali Shahkar
- Resource group id: resource:224b912739b4ea7d722d
- Deposit or zone: Los Filos Underground

#### Resource Data

- Category: inferred
- Tonnes: 2590000
- Grade: 27.5
- Grade Unit: g/t
- Contained Metal: 2287
- Contained Unit: koz

#### Prior Estimate

- Resource Date: 2022-06-30

#### Metal Equivalent

- Assumptions Disclosed: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-30T00:00:00.000Z

#### Dates

- Event date: 2026-06-25T00:00:00.000Z

Reasoning: Inferred underground silver resource, providing byproduct value.

- Positive factor: Inferred underground silver resource

- Negative factor: Lower confidence inferred category

- Negative factor: Stale data \(2022 effective date\)

- Negative factor: Variable cutoff grade

Evidence · table

> 27.5

Context: 2,590

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

**Stale Estimate**

Polarity: negative

Definition: Effective date is &gt;2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 4.0 years before this release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
