Equinox Gold (EQX) Announces New AI-Supported Gold Discovery at Valentine Mine

Core Insights - Equinox Gold Corp. is identified as one of the most undervalued gold stocks, with analysts highlighting its potential for investment [1] Group 1: New Discoveries and Drilling Plans - Equinox Gold announced a new AI-supported gold discovery at its Valentine Gold Mine, specifically identifying the Minotaur Zone and expanding the Frank Zone [1] - The Minotaur Zone is located 8 km from the existing mill, with initial drilling confirming mineralization over a 700-metre strike length that remains open in all directions [1] - High-grade results from the Minotaur Zone include 2.68 g/t gold over 32 metres and surface samples reaching as high as 650 g/t gold, leading to a planned 15,000 to 20,000 metres of dedicated drilling for 2026 [2] - Drilling at the Frank Zone has revealed continuous high-grade gold mineralization, including intercepts of 22.10 g/t gold over 6.3 metres and 3.12 g/t gold over 63.9 metres, supporting the potential for a new open pit that could extend the mine's current 14-year life [2] Group 2: Analyst Ratings and Price Target - BMO Capital analyst Kevin O'Halloran increased the price target for Equinox Gold from C$20 to C$26 while maintaining an Outperform rating [3] Group 3: Company Overview - Equinox Gold Corp. engages in the acquisition, exploration, development, and operation of mineral properties in the Americas, primarily focusing on gold and silver deposits [4]