BEC / SEPT / 2024

joint ownership and development of the Greenstone Project. In May 2024, Equinox Gold acquired Orion’s interest, consolidating 100 per cent ownership of the mine. Since the groundbreaking ceremony in October 2021, the Greenstone Gold Mine has undergone significant development. Key milestones include the construction of major infrastructure such as the crusher, a 27,000 tonnes-per-day processing plant and a natural gas plant, the construction of essential facilities like the truck shop, warehouse, and tailings storage facility, and also off-site work such as the realignment of Highway 11 and relocation of the local police force building. The mine benefits from proximity to the Trans-Canada Highway and the TC Energy’s natural gas pipeline, providing essential logistical and operational advantages. After 2.5-years of construction, first gold was poured on schedule in May 2024, a milestone celebrated by the entire team and local community. “For me and for everybody here, we’ve been focused on building the mine and now we want to get it ramped up to capacity and focus on executing well on performance. The first gold pour was a significant David Newhook, Director of Operations 31 SEPT 2024 | BUSINESS ELITE CANADA

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