McEwen Mining: The Future Is Golden at Grey Fox

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New Results Continue to Build on Resource Size
12.4 g/t gold over 10.7 m including 27.9 g/t gold over 4.5 m

Discovery of a New Exploration Corridor at Depth
6.2 g/t gold over 7.8 m CW and 4.4 g/t gold over 16.0 m CW

Exploration Driving Production Growth for the Future

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce an update on activity at the Fox Complex’s Grey Fox Project. Included in this press release are some of the best drill results we have seen from Gibson. Additionally, drilling has identified a new exploration corridor at depth, successfully refining our previous knowledge and interpretation of the gold bearing structures at Grey Fox.

The current resource at Grey Fox consists of 1,538,000 gold ounces at 3.64 g/t Indicated and 458,000 gold ounces at 3.30 g/t Inferred (see press release of February 4th, 2025). Ongoing drilling is focusing on increasing the known…

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