Centrus Energy Corp. Class A press release
InvestorNewsBreaks - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Gold Resource Increase at Fox Complex's Grey Fox Deposit
NYSE - New York Stock Exchange · Uranium · United States · Resource Estimate
InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Gold Resource Increase at Fox Complex’s Grey Fox Deposit
McEwen Mining (NYSE: MUX) (TSX: MUX)reported a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex, compared to its 2021 estimate. The discovery cost was $14.46 per ounce, with mineralization located near the historically productive Porcupine-Destor fault. The increase is attributed to exploration drilling, a higher gold price assumption of $2,000 per ounce versus $1,725 in 2021, and a lower cut-off grade of 1.60 g/t gold. Chairman Rob McEwen stated that the expanded resources will support higher annual production and extended mine life. A complete resource update is expected in the coming weeks.
To view the full press release, visit https://ibn.fm/UtIlU
About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1. To learn more about the company, visitwww.McEwenMining.com.
NOTE TO INVESTORS:The latest news and updates relating to MUX are available in the company’s newsroom athttps://ibn.fm/MUX
About InvestorWire
InvestorWire(“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio@ IBNthat delivers:(1) access to a vast network of wire solutions viaInvestorWireto efficiently and effectively reach a myriad of target markets, demographics and diverse industries;(2) article and editorial syndication to 5,000+ outlets;(3) enhanced press release enhancementto ensure maximum impact;(4) social media distributionvia IBN to millions of social media followers;and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire Austin, Texas www.InvestorWire.com 512.354.7000 Office Editor@InvestorWire.com
InvestorWire is powered by IBN
Earlier from Centrus Energy Corp. Class A
More resource estimate releases
- Algo Grande Commissions Independent NI 43-101 Update to Capture First Year of Progress at Adelita Algo Grande Copper Corp. (ALGR.V),
- Collective Mining Files NI 43-101 Technical Report for Maiden Mineral Resource for the Apollo Deposit Collective Mining Ltd. (CNL.TO),
- Auriginal Reports Updated NI 43-101 Mineral Resource Estimate at Roger: Nearly 1.40 Million Ounces of Gold Inferred at 0.54 g/t Gold - Zone Open to Resource Expansion Auriginal Mining Corp (AUME.V),