Equinox Gold Announces Spin-out of Copper Assets to Create Solaris Copper

equinox announces spin-out of copper assets to create solaris copper

June21,2018–Vancouver, BC–Equinox Gold Corp.(TSX-V:EQX, OTC:EQXGF) (“Equinox Gold”or the“Company”) today announces plans to transfer all of its copper assets into a newly incorporated company named Solaris Copper Inc. (“Solaris Copper”).Equinox Gold will continue to focus on advancing theAurizona Gold Mine and the Castle Mountain Gold Mine to production while Solaris Copper explores and develops the copper projects tounlock the value of the copper portfolio.

Solaris Copper will hold a 100% interest in the resource-bearing Warintza copper-molybdenum project in Ecuador, a 60% interest in the La Verde preliminary economic assessment stage copper-silver-gold project in Mexico, a 100% interest in the Ricardo early-stage copper property in Chile, has negotiated earn-in agreements for two early-stage copper prospects in Peru, and is continuing to evaluate additional properties that fit the portfolio. Collectively, the projects host 3.7 billion pounds of copper in the measured and indicated category with an additional 4.6 billion pounds of copper in the inferred category, with significant exploration potential at all of the projects.

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