McEwen Mining: Stock Exploration Update
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.
- For this update, an additional 272 drillholes (100,834 m) were added to the database since the last resource update in December 2022.
- This resource statement does not include the Stock East deposit, which had its own mineral resource estimation updated in March 2022; there is a separate Mineral Resource Statement for Stock East.
- Exploration drill core samples at the Stock Complex were typically submitted as 1/2 core.
- The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.