Mr. Greg Smith reports

EQUINOX GOLD PUBLISHES WATER STEWARDSHIP REPORT

Equinox Gold Corp. has published its inaugural water stewardship report, which is aligned with water reporting practices recommended by the International Council on Mining and Metals (ICMM).

Greg Smith, president and chief executive officer of Equinox Gold, commented: "Equinox Gold is committed to addressing water stewardship as a core component of our sustainability efforts and ESG [environmental, social, governance] strategy. This water stewardship report shares our current actions and approach to water stewardship and is an important step in laying the groundwork for the development of our comprehensive company-wide water stewardship strategy."

Equinox Gold's water stewardship report summarizes the company's strategy to minimize its use of freshwater, limit potential impacts on freshwater sources, maximize water reuse, protect the water interests of both its operations and local stakeholders, and implement leading industry water stewardship standards. Equinox Gold has adopted a range of water stewardship principles including the World Gold Council's responsible mining principles and the Mining Association of Canada's Towards Sustainable Mining (TSM) protocols. The company is also aligning its approach with the ICMM's water stewardship framework and water accounting guidance. These industry frameworks provide the foundation for the company's water management strategy and the guidance to embed effective water management practices into the decision-making processes at its operations.

This inaugural water stewardship report represents an important component of Equinox Gold's 2023 ESG commitments and will serve as the baseline for its water stewardship reporting in subsequent years. Additional targets for 2023 include achieving a Level A rating across all operations for 100 per cent of the indicators of the TSM Water Stewardship protocol and continuing to improve the company's water use efficiency per ounce of gold produced. Equinox Gold is also developing a comprehensive company-wide water stewardship strategy that aligns with its climate action and environmental policies and strategies.

More information about the company's water accounting metrics and 2022 performance, water stewardship actions under way at each mine site, and its approach to water management is summarized in the water stewardship report, which is available for download on the Equinox Gold website.

About Equinox Gold Corp.

Equinox Gold is a growth-focused Canadian mining company with seven operating gold mines, construction under way at a new project, and a path to achieve more than one million ounces of annual gold production from a pipeline of development and expansion projects. Equinox Gold's common shares are listed on the Toronto Stock Exchange and the NYSE American under the trading symbol EQX.

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