McEwen Inc. Reports Strong Drill Results at Gold Bar Mine Complex, Advancing Toward 2026 Milestone

McEwen Inc. (NYSE: MUX) (TSX: MUX) has reported continued progress at its Gold Bar Mine Complex in Nevada, with recent drilling returning notable gold intercepts across three key areas: Lookout Mountain, Windfall, and Unity Ridge. The company is working to increase resources, extend mine life, and potentially boost annual gold production at the complex.

Recent drilling results include an intercept of 1.0 grams per tonne (gpt) gold over 89.9 meters at hole LM045 at Lookout Mountain, 4.6 gpt gold over 26.7 meters at hole WF055 at Windfall, and 3.6 gpt gold over 48.8 meters at hole GB660. These results underscore the project's growth potential as McEwen aims to integrate these zones into its mine plan using existing infrastructure where possible, emphasizing capital efficiency.

The company is advancing toward what it describes as a pivotal year for Gold Bar in 2026. McEwen provides its shareholders with exposure to a growing base of gold and silver production in addition to a large copper development project, all in the Americas. The gold and silver mines are located in prolific mineral-rich regions, including the Cortez Trend in Nevada, the Timmins district of Ontario, Canada, and the Deseado Massif in Santa Cruz province, Argentina.

McEwen holds a 46.4% interest in McEwen Copper, which owns the advanced-stage Los Azules copper development project in San Juan province, Argentina. According to the last financing for McEwen Copper, the implied value of McEwen's ownership interest is US$456 million. The Los Azules project is designed to be one of the world's first regenerative copper mines and carbon neutral by 2038. Its Feasibility Study results were announced in a press release dated October 7, 2025.

Chairman and Chief Owner Rob McEwen has invested over US$200 million personally in the company and takes a salary of $1 per year, aligning his interests with shareholders. His objective is to build McEwen's profitability, share value, and eventually implement a dividend policy. The latest news and updates relating to McEwen Inc. are available in the company's newsroom at https://ibn.fm/MUX.

The announcement of strong drill results at Gold Bar comes as the mining industry faces increasing pressure to demonstrate both economic viability and environmental responsibility. The potential extension of mine life and increase in production at Gold Bar could contribute to McEwen's overall portfolio strength, while the company's parallel focus on the regenerative Los Azules copper project highlights a dual strategy in precious and base metals. For investors and industry observers, these developments signal McEwen's ongoing efforts to build value through exploration success and strategic project advancement in key mining jurisdictions.