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McEwen Mining Inc T.MUX


Primary Symbol: MUX

McEwen Mining Inc. is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 47.7% of McEwen Copper Inc., which owns the advanced stage Los Azules copper project in Argentina. Its segments include United States, Canada, Mexico, Minera Santa Cruz (MSC) and McEwen Copper. The United States segment comprises the Gold Bar mine and its exploration properties in the State of Nevada. The Canada segment comprises the Fox Complex gold properties, which includes its Froome underground mine; the Grey Fox and Stock West advanced-stage projects; the Stock mill; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine, which is on care and maintenance. The Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, both located in Sinaloa state. The MSC Segment comprises a 49% interest in the San Jose mine, located in Santa Cruz, Argentina.


NYSE:MUX - Post by User

Post by Betteryear2on Feb 28, 2024 9:00pm
92 Views
Post# 35905359

McEwen Mining: Stock Exploration Update

McEwen Mining: Stock Exploration Update

Stock West and Stock Main gold resources increase by 31%, mineralization continuing at depth;
Stock East emerging as a potential new source of near-term production. Assay highlights:
Drillhole SEZ24-86: 121.5 g/t Au over 0.4 m (3.91 oz/t Au over 1.3 ft) (Fig. 2)
Drillhole SEZ24-84: 6.5 g/t Au over 10.2 m (0.21 oz/t Au over 33.5 ft) (Fig. 3)
Drillhole SEZ24-88: 4.5 g/t Au over 10.4 m (0.14 oz/t Au over 34.1 ft) (Fig. 3)
(All assay values are true widths)

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on three outcomes of its large exploration investment at the Stock Mine property, part of the Fox Complex, in the prolific Timmins gold district of Northern Ontario, Canada: One, a 31% year over year increase of gold resources at Stock West and Stock Main (historical Stock Mine), with Two, confirmation of good grading structures plunging to depth; and Three, Stock East emerging as a potential new near-term source of future revenue.

McEwen Mining: Stock Exploration Update (globenewswire.com)

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