Equinox Gold has secured 20-year land access agreements with three communities surrounding its Los Filos Mine in Mexico, clearing a major operational hurdle. The agreements with the communities of Carrizalillo, Mezcala, and Xochipala allow the company to proceed with a gradual restart of heap leach operations and continue technical studies for expansion opportunities, including a carbon-in-leach processing facility. CEO Darren Hall stated the agreements reflect a shared commitment to responsible operations and sustainable benefits. Separately, ATB Cormark Capital Markets analyst Richard Gray reiterated a Buy rating on Equinox Gold and raised the price target from $20.4 to $21.11, implying a 108% upside from current levels.
Equinox Gold CorpSecured 20-year land access agreements, removing operational hurdle and enabling restart and expansion.