{"id":611,"date":"2023-01-21T20:08:13","date_gmt":"2023-01-21T20:08:13","guid":{"rendered":"https:\/\/equinoxgold.wpengine.com\/?post_type=our-growth-projects&#038;p=611"},"modified":"2026-02-04T15:07:26","modified_gmt":"2026-02-04T23:07:26","slug":"aurizona-expansion","status":"publish","type":"our-growth-projects","link":"https:\/\/www.equinoxgold.com\/growth-projects\/aurizona-expansion\/","title":{"rendered":"Valentine Phase 2"},"content":{"rendered":"<div  class=\"fndry-container fndry-responsive-bg fndry-container--full fndry-pt--4 fndry-pb--4 fndry-pt--md-3 fndry-pr--md-4 fndry-pb--md-6 fndry-pl--md-4 fndry-pr--sm-2 fndry-pl--sm-2\" style=\"--fndry-bg:linear-gradient(0deg, var(--fndry-color-white) 0%, transparent 30%) center\/auto, url(https:\/\/www.equinoxgold.com\/wp-content\/uploads\/2023\/02\/Aurizona-Mine-Banner.jpg) no-repeat center\/cover, var(--fndry-color-lightGrey)\">\n\t<div  class=\"fndry-container fndry-responsive-bg fndry-pl--2\">\n\t<div class=\"fndry-row fndry-row--gutter fndry-justify--sm-center\">\n\t<div  class=\"fndry-col fndry-responsive-bg fndry-col--12\">\n\t<div  class=\"fndry-container fndry-responsive-bg stock-ticker\">\n\t<div class=\"fndry-row fndry-row--gutter fndry-justify--end\">\n\t<div  class=\"fndry-col fndry-responsive-bg fndry-col--12\">\n\t\n<script>\n\n            if (typeof(stockdio_events) == \"undefined\") {\n\n               stockdio_events = true;\n\n               var stockdio_eventMethod = window.addEventListener ? \"addEventListener\" : \"attachEvent\";\n\n               var stockdio_eventer = window[stockdio_eventMethod];\n\n               var stockdio_messageEvent = stockdio_eventMethod == \"attachEvent\" ? \"onmessage\" : \"message\";\n\n               stockdio_eventer(stockdio_messageEvent, function (e) {\n\n                  if (typeof(e.data) != \"undefined\" && typeof(e.data.method) != \"undefined\") {\n\n                     eval(e.data.method);\n\n                  }\n\n               },false);\n\n            }\n\n         <\/script> \n\n<iframe id='stockdio_ticker' frameBorder='0' scrolling='no' width='100%' height='100%' src='https:\/\/api.stockdio.com\/visualization\/financial\/charts\/v1\/Ticker?app-key=000D428AA5DE48229F9256AD0D439DB9&#038;stockExchange=FOREX&#038;symbols=TSX:EQX(TSX: EQX C$);NYSENASDAQ:EQX(NYSE-A: EQX US$);XAU\/USD(Gold: US$)&#038;scroll=No&#038;template=a15e25b4-89d4-45ef-a9ce-3ed4326b5c98&#038;onload=stockdioticker&#038;cssFiles=https:\/\/www.equinoxgold.com\/equinoxgold.newticker13.css?v=1444'><\/iframe>\n<\/div>\n<\/div><\/div>\n<\/div>\n<div  class=\"fndry-col fndry-responsive-bg fndry-col--7 fndry-col--md-10 fndry-col--sm-12 fndry-pr--3 fndry-pt--6 fndry-pb--6 fndry-pt--md-4 fndry-pb--md-2\">\n\t<h1 class=\"fndry-heading\">Valentine Expansion<\/h1><h4 class=\"fndry-heading\">Longer mine life, increased production<\/h4><p class=\"fndry-paragraph fndry-text-introCopy\">Increased throughput and exploration success could increase production and extend the Valentine mine life.<\/p><\/div>\n<\/div><\/div>\n<\/div>\n\n\n<div  class=\"fndry-container fndry-responsive-bg fndry-container--full\" style=\"--fndry-bg:var(--fndry-color-lightGrey)\">\n\t<div  class=\"fndry-container fndry-responsive-bg fndry-pt--6 fndry-pb--6 fndry-pr--md-3 fndry-pl--md-3\">\n\t<div class=\"fndry-row fndry-row--gutter fndry-justify--start\">\n\t<div  class=\"fndry-col fndry-responsive-bg fndry-col--12 fndry-col--md-10 fndry-col--sm-12 fndry-pr--sm-2 fndry-pl--sm-2\">\n\t<h2 class=\"fndry-heading\"><strong>Overview<\/strong><\/h2>\n<p>Equinox Gold is advancing studies and engineering for a Phase 2 expansion at Valentine that is expected to increase processing throughput from the current 2.5 million tonnes per year to potentially 4.5 to 5 million tonnes per year, which could increase annual production by approximately 25%  compared to current estimates.<br><br>The expansion contemplates upgrading the plant with a twin crushing line, an additional ball mill and a pebble crusher circuit to process material from the SAG mill more efficiently. The mine&#8217;s fleet would also be expanded with additional haul trucks to support higher production. <br><br>Completion of the Phase 2 feasibility study is targeted for the end of Q1 2026, following which the Company expects to seek approval from its Board of Directors to advance the Phase 2 expansion.<br><br>Equinox Gold is also exploring across the Valentine property. Drilling to date has confirmed broad zones of high-grade, continuous mineralization in the Frank Zone, located along trend southwest of the existing Leprechaun open pit, and the Company has also made a number of new discoveries including the new Minotaur Zone, located 8km from the mill (see <a href=\"https:\/\/www.equinoxgold.com\/wp-content\/uploads\/2026\/01\/20260202-EQX-Valentine-Drill-Results-News-Release-Final.pdf\">February 2, 2026 news release<\/a>). Exploration in 2026 will focus on upgrading and expanding existing resources, continuing to test the Frank Zone, and conducting grassroots exploration to make new discoveries on this promising 320-square-kilometre land package. Less than 15% of the Valentine property has been explored to date.<br><\/p>\n\n<p><\/p>\n<\/div>\n<\/div><div class=\"fndry-row fndry-row--gutter\">\n\t<\/div><\/div>\n<\/div>\n\n\n<div  class=\"fndry-container fndry-responsive-bg fndry-pr--md-3 fndry-pl--md-3\">\n\t<div class=\"fndry-row fndry-row--gutter fndry-align--center fndry-justify--center\">\n\t<div  class=\"fndry-col fndry-responsive-bg fndry-col--10 fndry-col--md-12\">\n\t<\/div>\n<\/div><\/div>\n\n\n<div  class=\"fndry-container fndry-responsive-bg fndry-container--full fndry-pr--3 fndry-pl--3 fndry-mb--2\">\n\t<div  class=\"fndry-container fndry-responsive-bg fndry-container--full fndry-pt--6 fndry-pb--6\" style=\"--fndry-bg:var(--fndry-color-tealBlue)\">\n\t<div  class=\"fndry-container fndry-responsive-bg\">\n\t<div class=\"fndry-row fndry-align--center fndry-justify--center\">\n\t<div  class=\"fndry-col fndry-responsive-bg fndry-col--12 fndry-col--md-12 fndry-pr--md-6 fndry-pl--md-6 fndry-pr--sm-3 fndry-pl--sm-3 fndry-d--flex fndry-flex--col fndry-align--center fndry-justify--center\">\n\t<h2 class=\"fndry-heading\" style=\"color:var(--fndry-color-white)\"><strong><strong>Related Operating Mine<\/strong><\/strong><\/h2><p class=\"fndry-paragraph fndry-text-intro\" style=\"--color:var(--fndry-color-white)\">Valentine achieved commercial production in November 2025 and is expected to be ramped up to capacity by Q2 2026.<\/p><a  href=\"https:\/\/www.equinoxgold.com\/our-mines\/valentine\/\" rel=\"\" id=\"ab634da53937add\" class=\"fndry-btn fndry-mr--auto fndry-ml--auto fndry-btn-learnMoreReverse\">Learn More<\/a><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n<div  class=\"fndry-container fndry-responsive-bg fndry-container--full fndry-pr--3 fndry-pl--3 fndry-pr--md-0 fndry-pl--md-0 fndry-mt--4\">\n\t<div  class=\"fndry-container fndry-responsive-bg fndry-container--full fndry-pt--8 fndry-pb--8 fndry-pt--md-6 fndry-pb--md-6 fndry-pr--md-5 fndry-pl--md-5 fndry-pr--sm-3 fndry-pl--sm-3\" style=\"--fndry-bg:var(--fndry-color-darkBlue)\">\n\t<div  class=\"fndry-container fndry-responsive-bg fndry-pt--1 fndry-pb--1 fndry-pr--md-0 fndry-pl--md-0\">\n\t<div class=\"fndry-row fndry-justify--between\">\n\t<div  class=\"fndry-col fndry-responsive-bg fndry-col--6 fndry-col--md-10 fndry-pr--4 fndry-pr--md-3 fndry-pl--md-3 fndry-pr--sm-0 fndry-pl--sm-0\">\n\t<h2 class=\"fndry-heading\" style=\"color:var(--fndry-color-white)\"><strong><strong>Growth Projects<\/strong><\/strong><\/h2><\/div>\n<div  class=\"fndry-col fndry-responsive-bg fndry-col--5 fndry-col--md-10 fndry-col--sm-12 fndry-pr--4 fndry-pr--md-3 fndry-pl--md-3 fndry-pr--sm-0 fndry-pl--sm-0\">\n\t<p class=\"fndry-paragraph fndry-text-intro\" style=\"--color:var(--fndry-color-white)\">Equinox Gold is advancing expansion projects in Canada, the USA and Mexico.<\/p><a  href=\"\/growth-projects\/\" rel=\"\" id=\"ab634da53937add\" class=\"fndry-btn fndry-mr--auto fndry-ml--auto fndry-btn-learnMoreReverse\">Learn More<\/a><\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Increased throughput and exploration success could increase production and extend the Valentine mine life.<\/p>\n","protected":false},"featured_media":7398,"template":"","our-locations":[57],"class_list":["post-611","our-growth-projects","type-our-growth-projects","status-publish","has-post-thumbnail","hentry","our-locations-newfoundland-and-labrador-canada"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Valentine Phase 2 | Projects | Equinox Gold<\/title>\n<meta name=\"description\" content=\"Equinox Gold is advancing studies and engineering for a Phase 2 expansion at Valentine that is expected to increase processing throughput from the current\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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