Haul road leading to McEwen Mining’s Gold Bar project in Nevada. Photo by Lesley Stokes | The Northern Miner
McEwen Inc. (TSX, NYSE-A: MUX) has cut one of the thickest oxide hits yet at the Windfall area of its Gold Bar Mine Complex in Nevada, a result that may strengthen the case for adding near-surface ounces and stretching the mine life.
A new hole, WF039, returned 74.7 metres of Carlin-type, sediment-hosted oxides, grading 2.4 grams gold per tonne from 30.5 metres downhole, including 7.6 metres of 12.8 grams, McEwen said Wednesday. Other near-surface intercepts include 64 metres of 1.7 grams from 41.1 metres in hole WF037 and 89.9 metres of 1 gram from 89.9 metres in hole WF045. A deeper zone continues to emerge, with 6.1 metres of 6.1 grams from 141.7 metres depth in hole WF101.
“These follow-up intercepts reinforce visibility for resource accretion, mine life extensions and cost tailwinds on…
