Equinox Gold Corp. (AMEX:EQX) Q3 2023 Earnings Call Transcript

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Anita Soni: Yes. Okay. Sorry to cut off there. Thanks for my questions.

Operator: The next question comes from Mike Parkin with National Bank. Please go ahead.

Michael Parkin: Hi guys. Thanks for taking my questions. Most of them have been asked. But with Greenstone, if you’re — are you tracking ahead of budget on the total tonnes mined out of the pit and could that like — and if so, I guess that would explain some of the CapEx spend versus maybe what you originally budgeted at the start of the year?

Doug Reddy: For tonnes mined, no, we’re on track.

Michael Parkin: And then can you just speak to — you mentioned how many people you have hired at about 300. Are you already making the transition to owner-operated with say, mining? And — or did you always start owner-operated?

Doug Reddy: Yes. It’s owner operated from day 1. We started mining August. I think it was of 2022, a couple of months ahead of schedule. And we switched to 24/7 in November or December of last year. So it’s been owner mining all the way along.

Peter Hardie: And Mike, there’s other aspects of the operation of the projects that have been transitioned to owner operated. All the ancillary buildings were transitioned and other aspects have been as we advance here through construction.

Michael Parkin: Okay. Thanks so much guys.

Rhylin Bailie: If there’s questions online that I haven’t got back to you yet. I’ll get back to you by e-mail. There’s no further questions on the phone. Greg, do you have any wrap-up comments?

Greg Smith: No, just once again, thanks, everyone, for attending the call today. You know where to find us if you need information, you can reach out to Rhylin or myself. The website has again all the updates on Greenstone, including the site tour deck. And thanks again, and we’ll talk to you in the New Year.

Rhylin Bailie: Perfect. Thanks, everybody, for joining us this morning. Operator, you can now conclude the call.

Operator: Thank you. And this concludes today’s conference call. You may disconnect your lines. Thank you for participating, and have a pleasant day.

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