MUX - InvestorNewsBreaks - McEwen Mining Inc.'s (NYSE: MUX) (TSX: MUX) McEwen Copper Announces New Assay Results at Los Azules
McEwen Copper Inc., 52%-owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today reported the latest assay results from its Los Azules project, where an ongoing drilling program continues to deliver consistent infill findings. Located in San Juan, Argentina, Los Azules has many features comparable to world-class copper-gold deposits in South America, including a thick blanket of higher-grade enriched (or supergene) mineralization. Among the highlights, the company reported enriched zone intercepts of 0.87% Cu over 152 m and 172 m, as well as an enriched zone interval grading 0.92% Cu over 276 m. and an interval grading 1.00% Cu over 282 m. “We have four different drilling contractors with 13 drills turning,” said Michael Meding, vice president and general manager of McEwen Copper. “This initiative also involves training and optimizing the entire value chain, with the significant engagement of local suppliers and services.”
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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 has large exposure to copper through its 52% ownership of McEwen Copper, which owns the advanced stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and extend the life of its mines with the objective of increasing its share value and price and providing a yield. Rob McEwen, chairman and chief owner, has personal investment in the company of US$220 million. His annual salary is US$1. To learn more about the company, visit www.McEwenMining.com.
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