FAQ: McEwen Inc.'s Strategic Holding Goliath Resources Reports High-Grade Gold Discovery at Surebet
Summary
McEwen Inc. highlights Goliath Resources' exceptional high-grade gold results from the Surebet discovery, intersecting 10.60 g/t Au over 22.82 meters, reinforcing its potential as one of the most important new discoveries in the Golden Triangle since Eskay Creek.
What is the main topic of this announcement?
McEwen Inc. is highlighting exceptional high-grade gold results from its strategic holding Goliath Resources Limited at the Surebet discovery on the Golddigger Property in British Columbia’s Golden Triangle.
What were the specific gold assay results reported?
Drill hole GD-25-337 returned 10.60 grams per tonne (g/t) gold over 22.82 meters, including 15.19 g/t Au over 15.71 meters, with subintervals of 37.28 g/t Au over 3.36 meters and 36.11 g/t Au over 3.08 meters.
Where is the Surebet discovery located?
The Surebet discovery is located on Goliath Resources’ 100% controlled Golddigger Property in the Golden Triangle, British Columbia.
How significant is this discovery according to management?
Management stated that Surebet continues to deliver exceptional high-grade gold results, reinforcing its potential as one of the most important new discoveries in the Golden Triangle since Eskay Creek.
What is the current drilling progress at the site?
To date, Goliath has drilled 65 holes totaling 45,000 meters this season, with 50 holes and roughly 15,000 meters remaining, and is on track to complete its up to 60,000-meter 2025 program with nine rigs active.
What is McEwen Inc.’s business focus and operations?
McEwen provides shareholders with exposure to gold, copper and silver in the Americas through three operating mines in the USA, Canada and Argentina, plus a large copper development project in Argentina and a gold/silver mine on care and maintenance in Mexico.
Who is Rob McEwen and what is his involvement?
Rob McEwen is Chairman and Chief Owner who has personally invested US$205 million in the companies, takes a $1/year salary, and aims to build shareholder value and establish a dividend as he did with Goldcorp Inc.
Where are McEwen Inc.’s shares traded?
McEwen’s shares are publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol ‘MUX’.
Where can investors find more information about McEwen Inc.?
The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX.
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