Mr. Christian Milau reports
EQUINOX GOLD ANNOUNCES POSITIVE DRILL RESULTS FROM TATAJUBA TARGET AT AURIZONA
Equinox Gold Corp. has released positive exploration drill results from the Tatajuba target at the company's 100-per-cent-owned Aurizona gold mine in Brazil.
Tatajuba is the western extension of the main Piaba trend that hosts Aurizona. Previous exploration work has defined a target more than four kilometres in length. This drill program focused on a 600-metre-long portion of Tatajuba where historical drilling identified significant gold mineralization in the shallow saprolite zone. Each of the 12 drill holes (1,804 m) intersected the gold zone, extending gold mineralization to depths up to 150 m from surface and confirming continuity of mineralization into the deeper fresh rock.
Tatajuba drill highlights:
1.25 grams per tonne gold (g/t Au) over 44.0 metres and 4.37 g/t Au over 38 m in hole D644;1.36 g/t Au over 37.0 m in hole D645;1.17 g/t Au over 29.0 m and 2.06 g/t Au over 5.0 m in hole D646;1.96 g/t Au over 35.0 m in hole D647;1.11 g/t Au over 22.2 m in hole D648;2.18 g/t Au over 8.0 m in hole D650;1.42 g/t Au over 19.0 m in hole D651;2.55 g/t Au over 10.4 m, 1.07 g/t Au over 9.8 m and 1.66 g/t Au over 6.0 m in hole D652;1.11 g/t Au over 28.4 m in hole D653;2.09 g/t Au over 20.0 m in hole D654.
"Tatajuba drilling has delivered excellent results with continuity and grades typical of the Piaba gold deposit," said Scott Heffernan, executive vice-president, exploration, for Equinox Gold. "Only about 15 per cent of the four-kilometre-long target has been tested to date, highlighting the potential for significant resource expansion along strike from existing reserves and confirming our belief in the potential of the Aurizona camp."
Gold mineralization at Tatajuba is characteristically the same as that at the Piaba gold deposit that is currently being mined. North-northeast-crosscutting structures appear to enhance gold grades and add a new structural control in this portion of the Piaba trend. The Aurizona exploration team is undertaking detailed surface mapping to integrate with oriented core data collected during this recent program to update the Tatajuba structural model and plan for additional exploration in 2019.
About Equinox Gold Corp.
Equinox Gold is a Canadian mining company with a multimillion-ounce gold resource base and near-term and growing gold production from two past-producing mines in Brazil and California. Construction is well advanced at the company's Aurizona gold mine in Brazil with the target of pouring gold by year-end 2018, and the company is advancing its Castle Mountain gold mine in California with the objective of commissioning stage 1 operations by the end of 2019.
Qualified person and disclosure statement
Scott Heffernan, MSc, PGeo, the company's executive vice-president of exploration and qualified person under National Instrument 43-101, has reviewed and verified that the technical information contained in this news release is accurate and approves the written disclosure of the same. Drill composites were calculated using cut-off values of 0.3 g/t, 1.0 g/t or 5.0 g/t gold as specified in the drill table and contain no more than three metres of internal waste. Drill intersections are calculated using uncut assays and are reported as drilled thicknesses. True widths of the mineralized intervals are interpreted to be 60 to 90 per cent of the reported lengths. All samples were submitted to ALS Chemex in Belo Horizonte, Brazil, for sample preparation. Sample pulps were then sent to ALS Chemex in Lima, Peru, for geochemical analysis for gold by fire assay of a 30-gram charge with an atomic absorption finish (AA) and for a 33-multielement geochemical suite by four-acid digestion and inductively coupled mass spectrometry (ICP-MS). Samples with AA gold values over 10.0 g/t are reassayed by screen metallics fire assay. Control samples (accredited standards, blanks and duplicate samples at the field and preparation stages) were inserted on a regular basis. Results were monitored upon receipt of assays.
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