McEwen Mining Inc. Discovers High-Grade Gold Near Froome Mine, Signaling Expansion Potential

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has announced the discovery of high-grade gold mineralization approximately 200 meters west of its Froome Mine, located within the Fox Complex. This discovery, featuring standout intercepts such as 36.0 g/t gold over 10.0 meters and 160.0 g/t over 2.2 meters, marks a significant development in the company's exploration efforts. The newly identified Froome West zone is characterized by stacked, sub-vertical lenses with a steep high-grade plunge, remaining open at depth and along strike, indicating substantial potential for further exploration and development.

The company is currently undertaking development efforts to extend mining infrastructure westward, a move that supports both near-term expansion and long-term exploration objectives. This strategic development not only enhances the flexibility of the Fox Complex mine plan but also holds potential comparable to the historic Black Fox Mine, underscoring the significance of this discovery for McEwen Mining and its stakeholders.

For more detailed information on this discovery and its implications for McEwen Mining Inc., interested parties can view the full press release here. This discovery underscores McEwen Mining's commitment to improving the productivity and lifespan of its assets, with the ultimate goal of increasing shareholder value. The company's operations span across Nevada, Canada, Mexico, and Argentina, with a significant stake in the development of the Los Azules copper project in Argentina through its ownership in McEwen Copper.