Production
Los Filos Gold Offtake
Trident owns an offtake for 50% of the gold produced at Equinox Gold Corp.’s Los Filos Gold Mine located in Guerrero, Mexico up to 1,100,000 delivered ounces.
Los Filos Gold Offtake
The Los Filos complex is an operating mine comprising three open pits and two underground mines. Los Filos has been operating since 2008. Equinox Gold assumed ownership of the mine in March 2020 through its acquisition of Leagold Mining. Equinox Gold continued with expansion plans, including development of the Guadalupe open pit and the Bermejal underground mine.
October 2022
Recent news
Equinox completed an updated Feasibility Study for Los Filos, increasing the mineral reserves by 44% to 5.4Moz of gold with a strong after tax NPV@5% of US$625M and IRR of 26%. The mine is anticipated to produce 3.97Moz over the life of the mine, with peak production of 360,000oz/y.
The study included a revised mine plan and 101,407m of exploration drilling.
| Location | Mexico |
|---|---|
| Operator | Equinox Gold Corp |
| Commodity | Gold |
| Mining Type | Open Pit |
| Stage | Production |
Location Map
Production
| 2023 Production | 159,100 ozs |
|---|---|
| 2024 Forecast | 165,000 ozs |
Mineral Reserve Statement
| Proven & Probable | 193Mt @ 0.86gpt Au, 6.83gpt Ag |
|---|---|
| Measured & Indicated | 519Mt @ 0.80gpt Au, 7.21gpt Ag |
| Inferred | 136Mt @ 0.74gpt Au, 8.93gpt Ag |
| Total | 654Mt @ 0.78gpt Au, 7.55gpt Ag |
Source: Capital IQ