Trident Royalties PLC

Construction

Equinox Gold Greenstone Offtake

Trident owns an offtake for 100% of the gold produced up to 58.5koz p.a. at Equinox Gold’s Mercedes Gold Mine and Greenstone Gold Project until March 1, 2027.

Equinox Gold Greenstone Offtake

Greenstone is a 60%-owned and operated development project in Ontario, Canada, and is expected to become one of the largest gold mines in Canada. The project has 5.5Moz of reserves with significant exploration upside and an initial 14-year mine life. Once in production, the project is expected to produce 360koz p.a., including 400koz p.a. in the first five years. First works are already underway, and first gold production is targeted from H1 2024.
For more information on Greenstone, visit the Greenstone website

LocationCanada
OperatorEquinox Gold
CommodityGold
Mining MethodOpen Pit
StageConstruction

Reserve Estimate (NI 43-101)

Greenstone Proven3Mt @ 1.28 g/t – 139koz
Greenstone Probable78Mt @ 1.27g/t – 3,184koz
Greenstone Total81Mt @ 1.27 g/t – 3,323koz

Note: Greenstone figures shown on attributable basis to Equinox.

Source: Equinox Gold