MUX:CC - InvestorNewsBreaks - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Issues Exploration Update for Stock Property
McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported assay results from three zones at the Stock Property, part of the Fox Complex near Timmins. According to the update, results from eight near-surface holes close to high-grade intersections in hole SM22-110 that included 264.5 g/t gold (Au) over 2.7 meters (m) returned attractive grades up to 18.9 g/t Au over 9.4 m. Drill holes were also completed in the lower portion of the Stock Mine Extension Trend, where recent deeper drilling was designed to expand lenses of mineralization in proximity to the Stock Mine. The lenses could represent early mining horizons as the company drives a ramp from surface down to Stock West. New results include 4.5 g/t Au over 6.5 m within a broader intersection of 3.3 g/t Au over 15.6 m. Drillhole S21-202 returned 4.3 g/t Au over 20.3 m, with limited drilling between this intersection and the other three drill hole intersections.
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About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 52% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. Rob McEwen, chairman and chief owner, has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.
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