TORONTO, ONTARIO -- (Marketwire) -- 03/15/12 -- McEwen Mining Inc. (TSX: MUX)(NYSE: MUX) is pleased to provide an operational and development update for its projects in Argentina, Mexico and Nevada. Healthy Balance Sheet - $78.8 Million Liquid Assets - No Debt
McEwen Mining is pleased to announce new exploration drill results from its El Gallo Complex in Sinaloa State, Mexico. Highlights include a new discovery called CSX, which returned an impressive 629.4 gpt silver over 6.1 meters and from Palmarito, which returned 240.7 gpt silver over 8.6 meters. Mineralization in both areas starts from surface. In addition, reconnaissance work in Nayarit State, which is located south of [...]
McEwen Mining is pleased to announce high-grade and exceptionally wide drilling intercepts on the Pilar vein at its 49% owned San Jose mine in Santa Cruz province, Argentina. The Pilar vein, which has been defined by recent surface and underground drilling and drifting, is located in the vicinity of the Micaela-Sofia vein cluster that was discovered in the latter part of 2010.
Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Minera Andes Inc. and US Gold Corp. have approved the business combination between the two companies. Minera Andes will be removed from the S&P/TSX Global Mining Index after the close of Thursday, January 26, 2012. Following the acquisition of Minera Andes Inc., US Gold Corp. will change its name to McEwen Mining Inc [...]
McEwen Mining is pleased to announce that the previously announced business combination, pursuant to which US Gold Corporation acquired Minera Andes Inc. and was renamed McEwen Mining, has been successfully completed and closed today. The Combination was carried out by way of a plan of arrangement under the Business Corporations Act, which was approved by the shareholders of both US Gold and Minera Andes on January 19 [...]
US Gold and Minera Andes are pleased to announce that Minera Andes has been granted the final court order from the Court of Queen's Bench of Alberta approving the plan of arrangement under the Business Corporations Act, pursuant to which US Gold will acquire Minera Andes and be renamed McEwen Mining. Pursuant to the Arrangement, each Minera Andes shareholder will receive 0.45 of an exchangeable share in the capital of [...]
US Gold and Minera Andes are pleased to announce that at each of their respective meetings on January 19, 2012, shareholders voted in favour of the proposed business combination between US Gold and Minera Andes, pursuant to which US Gold will acquire Minera Andes and be renamed McEwen Mining Inc.