Equinox Gold Corp (NYSE:EQX) Q1 2023 Results Conference Call May 3, 2023 10:30 AM ET

Company Participants

Rhylin Bailie - Vice President of Investor Relations

Greg Smith - Chief Executive Officer

Doug Reddy - Chief Operating Officer

Peter Hardie - Chief Financial Officer

Scott Heffernan - Executive Vice President of Exploration

Conference Call Participants

Wayne Lam - RBC

Anita Soni - CIBC World Markets

Arun Lamba - TD Securities

Mike Parkin - National Bank

Operator

Thank you for standing by. This is the conference operator. Welcome to the Equinox Gold First Quarter 2023 Results and Corporate Update. As a reminder, all participants are in a listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the conference over to Rhylin Bailie, Vice President, Investor Relations for Equinox Gold. Please go ahead.

Rhylin Bailie

Thank you, Ariel. Thank you everybody for joining us this morning. We will, of course, be making a number of forward-looking statements today, so please do visit our continuous disclosure documents on our website on SEDAR and on EDGAR.

I'm now going to turn the conference call over to our CEO, Greg Smith.

Greg Smith

Thanks, Rhylin. Good morning, and thanks everyone for joining us today. On the call with me our COO, Doug Reddy; our CFO, Peter Hardie; our EVP of Exploration, Scott Heffernan; and our VP of Investor Relations, Rhylin Bailie, of course.

For those new to the Company, Equinox Gold is a diversified America's focus gold producer. We have seven producing mines across Brazil, Mexico, and the United States. And we also have several growth projects, including our large scale Greenstone Goldmine in Ontario, which we are constructing now with our 40% joint venture partner Orion Mine Finance. Today we are discussing our 2023 first quarter financial and operating results. I'll start with a broad overview for the quarter and then turn the call over to Pete and Doug for more details.

During the first quarter, we produced just under 123,000 ounces and sold just over 123,000 ounces of gold. Cash cost per ounce sold was 1,376 and all-in sustaining cost per ounce sold was 1,658. This was a good start to the year for us and we're on track to meet our 2023 production and cost guidance of 550,000 ounces to 625,000 ounces of gold with cash costs between 1,355 and 1,460 per ounce and all the sustaining costs between 1,575 and 1,695 per ounce.