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McEwen Mining Inc MUX

Alternate Symbol(s):  T.MUX

McEwen Mining Inc. is a gold and silver producer. It owns over 48% of McEwen Copper Inc., which owns the Los Azules copper project in Argentina. Its segments include Canada, United States, Mexico, Minera Santa Cruz S.A. (MSC) and McEwen Copper. The United States segment includes the Gold Bar mine and its exploration properties in the State of Nevada. Canada segment includes the Fox Complex gold properties, including its Froome underground mine; the Stock Project; the Stock mill; the Grey Fox exploration project; a number of exploration properties located near the city of Timmins, Ontario, Canada, and the Black Fox mine. Mexico segment includes the El Gallo mine and the related advanced-stage Fenix Project, located in Sinaloa state. MSC Segment includes 49% interest in the San Jose mine, located in Santa Cruz, Argentina. Its Eureka project includes the Lookout Mountain Property and the historical Lookout Mountain and Windfall Mines in a total property position of over 28 square miles.


NYSE:MUX - Post by User

Bullboard Posts
Comment by oxinoson Nov 25, 2019 12:00pm
140 Views
Post# 30389641

RE:RE:RE:The time has come to start accumulating....

RE:RE:RE:The time has come to start accumulating....I mean that the Black Fox complex had something like 7 or 8 years of mine life and they know they can add more ounces to that resource and thus extend the mine life and maybe increase production. The last few drill results were very prospective of adding considerably to the current resource. It's expected that a new updated resource will be announced soon. Either by the end of the year or early next year. 
The Timmins area is one of the most prolific in all of Canada. There are other explorers that have discovered gold in the area, for example Great Bear Resources but there are others with their own success stories.
Bullboard Posts