McEwen Mining Inc T.MUX

MCEWEN MINING INC - Update

[romara]

Update this am .....   Richard

Dear Shareholders,
 
Gold Bar construction is on track, with the anticipated completion in 2018 and commercial production in 2019. Primary activities during the first quarter have focused on finishing civil works related to the heap leach pad, solution and event ponds, as well as all site infrastructure, in preparation for major equipment and material deliveries in the second quarter.
 
Looking forward into April, May, and June, the following activities will advance the construction:

1. Completion of site-wide civil foundations;
2. Solution and event pond liners installation;
3. Site delivery of capital equipment and materials that include: office buildings, temporary concrete batch plant, and crushing/conveying system;
4. Leach pad construction to continue: haul & place native clay liner, receive and install geosynthetic liner, and place crushed cover-liner;
5. Mine development access roads and pre-stripping works will be initiated.

Below are 3 photos of Gold Bar construction progress. 

About McEwen Mining
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen’s principal assets consist of the San Jos mine in Santa Cruz, Argentina (49% interest), the El Gallo Gold mine and El Gallo Silver project in Mexico, the Black Fox mine in Timmins, Canada, the Gold Bar project in Nevada, and the Los Azules copper project in Argentina.

McEwen has a total of 337 million shares outstanding.  Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.

CONTACT INFORMATION:
Mihaela Iancu
Investor Relations
[phone] ext 320
[e-mail]

Website: www.mcewenmining.com
Facebook: facebook.com/mcewenrob
Twitter: twitter.com/mcewenmining