McEwen Inc. Reports High-Grade Gold Drilling Results at Grey Fox Project Ahead of October 2025 Resource Update

McEwen Inc. (NYSE: MUX) (TSX: MUX) reported that ongoing drilling at the Fox Complex's Grey Fox Project continues to yield strong gold grades and widths, providing substantial support for resource growth ahead of an updated resource estimate scheduled for October 2025. The drilling results from the Gibson Expansion Zone included particularly high-grade intercepts of 10.1 grams per tonne gold over 5.8 meters and 10.4 grams per tonne gold over 5.6 meters, demonstrating the project's potential for significant mineralization.

Additional results from the Grey Fox South area returned 4.8 grams per tonne gold over 14.9 meters and 4.4 grams per tonne gold over 6.0 meters, further confirming the continuity and quality of the gold mineralization throughout the project area. These results are particularly significant as they contribute to the updated 3D mineralization model that is expected to substantially increase Grey Fox's current resource base, which currently stands at 1.54 million ounces indicated at 3.64 grams per tonne gold and 458,000 ounces inferred at 3.30 grams per tonne gold.

The geological characteristics of Grey Fox show mineralization remains open, with geological similarities to large-scale deposits such as Canadian Malartic, suggesting potential for further expansion and development. This positioning makes Grey Fox central to McEwen's long-term growth strategy, complementing ongoing development activities at the Stock Mine and Froome West properties, as well as exploration initiatives in Nevada. The company maintains additional information in its newsroom available at https://ibn.fm/MUX.

For investors and industry observers, these results indicate strong potential for resource growth and future production increases, which could positively impact McEwen's valuation and position in the mining sector. The consistent high-grade results reinforce the project's economic viability and suggest that the October 2025 resource update may demonstrate substantial increases in both tonnage and grade, potentially elevating Grey Fox's status among North American gold development projects.

The mining industry continues to face challenges in discovering and developing high-grade gold deposits, making results like those from Grey Fox particularly noteworthy. As global gold demand remains strong amid economic uncertainty and inflationary pressures, successful exploration and development projects contribute to securing future gold supply. McEwen's progress at Grey Fox represents not only company-specific advancement but also contributes to the broader mining sector's ability to meet long-term metal demand through responsible resource development.