McEwen Mining Discovers High-Grade Gold Zone at Fox Complex

McEwen Mining Inc. has announced the discovery of high-grade gold mineralization approximately 200 meters west of its Froome Mine at the Fox Complex. The findings include impressive intercepts of 36.0 g/t gold over 10.0 meters and 160.0 g/t over 2.2 meters, indicating substantial mineral wealth in this newly identified zone. This discovery, named Froome West, features stacked, sub-vertical lenses with a steep high-grade plunge that remains open for further exploration both at depth and along strike, suggesting significant potential for resource expansion.

The geological characteristics of Froome West present compelling opportunities for McEwen Mining's operational strategy. The company is currently developing mining infrastructure to extend westward, aiming to support both near-term expansion and long-term exploration efforts. This strategic development not only enhances the flexibility of the Fox Complex mine plan but also presents potential comparable to the historic Black Fox Mine, marking an important advancement in the company's mining operations. The discovery's proximity to existing infrastructure at Froome Mine provides operational advantages that could accelerate development timelines and reduce capital requirements.

The significance of this discovery extends beyond immediate resource addition. High-grade intercepts like those found at Froome West typically indicate robust mineral systems that can support profitable mining operations. The 160.0 g/t gold over 2.2 meters intercept represents exceptionally rich mineralization that could contribute to higher-grade production profiles. Meanwhile, the broader 36.0 g/t gold over 10.0 meters intercept suggests more extensive mineralized zones that could support larger-scale mining operations. These findings reinforce the potential of the Fox Complex as a significant gold-producing asset in McEwen Mining's portfolio.

For additional information about this significant gold discovery, visit https://ibn.fm/cv9CF. The continued exploration success at Fox Complex demonstrates the ongoing potential of this mining district and underscores McEwen Mining's position as an explorer and developer of high-quality gold assets. The Froome West discovery represents not just additional ounces but strategic value in enhancing mine planning flexibility and potentially extending the operational life of the Fox Complex through systematic exploration and development of new mineralized zones.