Contact Share


Mesquite (Au)

LOCATION: California, United States
OPERATOR: Equinox Gold Corp.
ROYALTY: NSR: 0.5-2%

Mesquite is a gold operation located in south-east California, approximately 70 km northwest of Yuma, Arizona and 230 km east of San Diego, California. The mine is an open-pit, run-of-mine, heap leach operation. Equinox Gold Corp. (“Equinox”) acquired the asset from New Gold in October 2018. It was originally started in 1986 and then re-started in January 2008 by Western Goldfields Inc., a predecessor company of New Gold. Franco-Nevada holds royalties on the entire Mesquite mine property that range from a 0.5% to a 2% NSR, depending on the claim block, as shown on the schematic.

Mesquite production for the year was approximately 140,000 ounces which was down from the 168,889 ounces produced in 2017. For 2019, Equinox anticipates gold production of 145,000-160,000 ounces.

Equinox will complete a $4 million drill program during the year focused on mine life extension, including targets in and peripheral to the existing open pit as well as mineralized waste dumps and leach pads on site. In addition, Equinox is applying for permits to explore and drill new concessions.


  • New owner aimed at extending mine life
  • Production forecast for 2019 of 145,000-160,000 ounces

2018 2017 2016
Revenue to Franco-Nevada ($ million) $ 2.7 $ 2.4 $ 2.4