Exploration: 1,052 m of 0.29% Cu including 480 m of 0.42% Cu Delineation: 236 m of 1.39% Cu and 0.19 g/t Au including 42 m of 2.78% Cu "Strong team performance is accelerating our Los Azules program in 2023," commented Michael Meding, Vice President and General Manager of McEwen Copper. "Exciting results in hole AZ22174 highlight the potential of exploration to create additional value for McEwen Copper, and continuity of [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce a binding agreement for an additional US$30 million investment by Nuton LLC, a Rio Tinto Venture, and existing McEwen Copper shareholder. Nuton has agreed to invest US$30 million to acquire shares of McEwen Copper in a two-part transaction expected to close no later than March 10th, 2023 consisting of: 1. Private placement of 350,000 McEwen [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce closing of an ARS $30 billion investment by Stellantis, one of the world's leading automakers and mobility providers with iconic brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, RAM, Vauxhall, Free2Move and Leasys. FCA Argentina S.A., a subsidiary of Stellantis N.V [...]
Significant Drill Intercepts 237.2 m?of?1.05% Cu?including?108 m?of?1.71% Cu?? 373.9 m of 0.76% Cu including 96 m of 1.13% Cu TORONTO, Jan. 26, 2023 -- McEwen Copper Inc., 68%-owned by McEwen Mining Inc. , today reports rich copper values over attractive widths resulting from infill drilling at its Los Azules project. Los Azules is a large porphyry copper-gold-silver deposit with considerable growth potential, where its [...]
Significant Drill Intercepts 237.2 m of 1.05% Cu including 108 m of 1.71% Cu 373.9 m of 0.76% Cu including 96 m of 1.13% Cu TORONTO, Jan. 26, 2023 -- McEwen Copper Inc., 68%-owned by McEwen Mining Inc. , today reports rich copper values over attractive widths resulting from infill drilling at its Los Azules project. Los Azules is a large porphyry copper-gold-silver deposit with considerable growth potential, where its [...]
McEwen Mining Inc. is pleased to report our production for October and November along with our forecast for 2022 and guidance for 2023. The bottom line, production is increasing and costs per ounce are falling. "As we end 2022, we would like to give our shareholders an update on our recent production results and costs which illustrate the turnaround we are executing as well as our guidance for 2023. We had a difficult [...]
McEwen Mining Inc. is pleased to report the latest exploration news from its Stock property. We discuss four priority areas that illustrate the potential to expand the gold resource base around the historic Stock mine. "We find the occurrence of near surface high grade at our Stock Mill's doorstep very intriguing. These initial results have mineable grades and widths, which are encouraging from an economic perspective as [...]
McEwen Mining Inc. is pleased to report that our ongoing exploration program has identified four new gold veins in the Grey Fox area within the Fox Complex. Drilling results reveal significant gold mineralization in veins within sedimentary rocks with good gold grades near surface and high-grade gold values encountered at depth. "What we find exciting about this discovery is that the host rock of these veins is very [...]
McEwen Mining Inc. reports its third quarter results for the period ended September 30th, 2022. "This year has been much better than the previous three! While we still have issues to resolve, such as increasing our treasury by producing more ounces at a lower cost, we can clearly see a brighter future. At the Fox Complex, where we have had a history of high operating cost/oz we are making good progress reducing our cost [...]
McEwen Mining Inc. will report Q3 2022 operating and financial results after the market closes on Friday, November 4th, 2022. We invite you to join our conference call on Monday, November 7th, 2022, from 11:00 am EST, where management will discuss our Q3 2022 financial results and project developments and follow with a question-and-answer session. Questions can be asked directly by participants over the phone during the [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce that it has entered into a binding term sheet with Kennecott Exploration Company , a subsidiary of Rio Tinto, for an option to earn a 60% interest in and joint venture the Elder Creek property in Nevada by spending US$18 million. The principal terms of the agreement are: KEX will have the right to earn a 60% interest in Elder Creek by [...]
McEwen Copper Inc., a subsidiary of McEwen Mining Inc. , is pleased to announce the closing of the third and final tranche of the previously announced private placement offering of up to 8,000,000 common shares of McEwen Copper Inc. priced at US$10.00 per common share. The third tranche is comprised of a $25 million investment by Rio Tinto's copper leaching technology venture, Nuton , and $1.85 million from other [...]
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