Black Fox

SPEY RESOURCES CORP. ANNOUNCES KASLO, BC SILVER PROJECT ADVANCES

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Tuesday, September 19, 2023
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Vancouver, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") announces that it has received the results from its June 23 soil sampling, rock chip and reconnaissance work on its 42 claims west of the town of Kaslo, BC Canada.

Key Points: 
  • Additional work was completed on the Silver Bell – Silver Bear trend and the Cat occurrence.
  • A total of 207 soil samples were collected along predetermined soil lines (green on above map) at a 25 m spacing.
  • Field duplicates and blanks were inserted at a rate of 2 QC samples per 50 soil samples.
  • The Silver Bear – Silver Bell* trend is defined as a > 1 km long SW-NE trending set of mineral occurrences in the south-west portion of the Property.

McEwen Mining: Stock Exploration Update

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Monday, May 8, 2023
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TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report assay results from three zones at the Stock Property, part of the Fox Complex near Timmins (see Figure 1 – Areas A, B & C).

Key Points: 
  • Figure 1: Longitudinal section (looking North) extending from Stock West to East of the historical Stock Mine headframe; three key areas are highlighted with recent drill results.
  • Figure 2: Area A - Longitudinal section (looking North) profiling the upper East portion of the historical Stock Mine.
  • Figure 4: Area C - Longitudinal section (looking North) showing the outline (in red) of the PEA resource for Stock West.
  • All exploration drill core samples at the Stock Complex were submitted as 1/2 core.

McEwen Mining: Q1 2022 Results

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Tuesday, May 10, 2022
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TORONTO, May 10, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2022.

Key Points: 
  • TORONTO, May 10, 2022 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter (Q1) results for the period ended March 31st, 2022.
  • Cash, cash equivalents and restricted cash at March 31, 2022 was $70.4 million, of which $35.6 million is attributable to McEwen Copper.
  • Fox produced 7,700 GEOs in Q1 at total cash costs and AISC of $1,193 and $1,729 per GEO sold, respectively.
  • Table 1 below provides production and cost results for Q1 2022 with comparative results for Q1 2021 and our guidance range for 2022.

MCEWEN MINING: Higher Production – 2021 & Q4

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Wednesday, January 19, 2022
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In Q4 2021, our attributable production from San Jos(2) was 682,700 silver ounces and 11,300 gold ounces, or 20,200 GEOs, which was in-line with our expectations; Black Fox production of 9,460 GEOs wasalso in-line with our expectations; Gold Bar production of 9,950 GEOs was above our expectations; and El Gallo produced 540 GEOs from residual leaching.

Key Points: 
  • In Q4 2021, our attributable production from San Jos(2) was 682,700 silver ounces and 11,300 gold ounces, or 20,200 GEOs, which was in-line with our expectations; Black Fox production of 9,460 GEOs wasalso in-line with our expectations; Gold Bar production of 9,950 GEOs was above our expectations; and El Gallo produced 540 GEOs from residual leaching.
  • 'Gold Equivalent Ounces' are calculated based on a gold to silver price ratio of 94:1 for Q1 2020, 104:1 for Q2 2020, 79:1 for Q3 2020, 77:1 for Q4 2020, 68:1 for Q1 2021, 68:1 for Q2 2021, 73:1 for Q3 2021 and 77:1 for Q4 2021.
  • The San Jos Mine is 49% owned by McEwen Mining Inc. and 51% owned and operated by Hochschild Mining plc.
  • It also has a large exposure to copper through its subsidiary McEwen Copper, owner of the giant Los Azules copper deposit in Argentina.

McEwen Mining: Exploration @ Fox

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Tuesday, December 21, 2021
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TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that drilling continues to deliver good widths and grades at the Fox Complex, both from exploration at Stock and delineation at Froome.

Key Points: 
  • TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that drilling continues to deliver good widths and grades at the Fox Complex, both from exploration at Stock and delineation at Froome.
  • Drilling is planned for 2022 to investigate the intercept in hole S21-202, which encountered 21 meters (m) of 4.29 g/t gold.
  • Assay results are starting to arrive from our exploration on Stock Main (the historic Stock mine).
  • Forty-six surface drill holes were completed at Stock West (see Table 1) and Stock Main (see Table 2) since the last exploration update in May 2021.

Mayfair Gold Accelerates Regional Exploration at Fenn-Gib Gold Project

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Wednesday, November 17, 2021
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VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (Mayfair or the Company) (TSX-V: MFG; OTCQB: MFGCF) today announced plans for the acceleration of the regional exploration program at its flagship 100%-controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (Mayfair or the Company) (TSX-V: MFG; OTCQB: MFGCF) today announced plans for the acceleration of the regional exploration program at its flagship 100%-controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario.
  • Mayfair Gold President and CEO Patrick Evans commented: Immediately after acquiring Fenn-Gib less than a year ago, planning commenced for regional exploration beyond the Fenn-Gib deposit.
  • SRK Consulting completed a regional-scale structural geology interpretation of the aeromagnetic data to assist with understanding the structural geological architecture and its associated controls on gold mineralization to guide further exploration.
  • Mayfair is a Canadian mineral exploration company focused on advancing the 100% owned Fenn-Gib gold project in the Timmins region of Northern Ontario.