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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

Post by Betteryear2on Sep 11, 2024 7:31am
143 Views
Post# 36218097

McEwen Mining: Grey Fox Exploration Update

McEwen Mining: Grey Fox Exploration Update

Assay Highlights:
24GF-1471: 4.9 g/t Au over 6.4 m (0.16 oz/t Au over 23.0 ft)

24GF-1474: 13.8 g/t Au over 2.4 m (0.44 oz/t Au over 9.8 ft)

24GF-1452: 9.8 g/t Au over 2.8 m (0.31 oz/t Au over 11.2 ft)

See Figure 5. All assay value intervals are true widths unless otherwise noted; TW=True Width, CW=Core Width

TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide new assay results from its Grey Fox deposit, part of the Fox Complex located in the Timmins region of Ontario, Canada. These results (see Table 1) demonstrate that the Gibson area of Grey Fox has good grading mineralization over mineable widths in close proximity to existing underground infrastructure. Grey Fox is currently a +1 Million ounce gold deposit and is the next project in our growth pipeline after the current development of our Stock Project (see June 20th/2024 Press Release).

McEwen Mining: Grey Fox Exploration Update (globenewswire.com)

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