McEwen Mining’s (NYSE: MUX) (TSX: MUX) 52%-owned McEwen Copper recently reported infill and step-out exploration drilling results at its Los Azules Project in Argentina. “The reported assay results include one drill hole from exploration and one from the delineation. The exploration program targets increasing known mineralization further to the north and at depth. The delineation program seeks to reduce geological and resource modeling risk prior to a planned 2024 feasibility study. The company’s initial exploration hole, AZ22174, was drilled to a depth of 1,128 m, with visible copper mineralization observed along its entire core length during logging… Mineralization along the drill hole is more prevalent below 500 m, where more than 66% of the overall contained copper in the hole (480 m grading 0.42% Cu) resides. According to McEwen Copper, the results from AZ22174 reinforce its belief in deposit extensions likely occurring to the north and at depth,” a recent article reads. “Exciting results in hole AZ22174 highlight the potential of exploration to create additional value for McEwen Copper, and continuity of mineralization in the infill program is de-risking our mineral resource,” Michael Meding, vice president and general manager of McEwen Copper, is quoted as saying.
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About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it has large exposure to copper through its 52% ownership of McEwen Copper, which owns the advanced stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and extend the life of its mines with the objective of increasing its share value and price and providing a yield. Rob McEwen, chairman and chief owner, has personal investment in the company of US$220 million. His annual salary is US$1. To learn more about the company, visit www.McEwenMining.com.
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