FAQ: McEwen Inc.'s Grey Fox Project Drilling Results and Resource Update
Summary
McEwen Inc. reported high-grade drilling results at its Grey Fox Project, with significant gold intercepts supporting an expected resource growth update in October 2025. These results reinforce Grey Fox's importance to McEwen's long-term growth strategy alongside its other mining operations and development projects.
What are the key drilling results reported by McEwen Inc. at the Grey Fox Project?
The drilling results include 10.1 g/t Au over 5.8 m and 10.4 g/t Au over 5.6 m from the Gibson Expansion Zone, and 4.8 g/t Au over 14.9 m and 4.4 g/t Au over 6.0 m from Grey Fox South.
When is the updated resource estimate for Grey Fox expected to be released?
The updated resource estimate is expected in October 2025.
What is the current resource estimate for Grey Fox?
Grey Fox currently has 1.54 million ounces indicated at 3.64 g/t Au and 458,000 ounces inferred at 3.30 g/t Au.
Why is the Grey Fox Project significant to McEwen’s strategy?
Grey Fox remains central to McEwen’s long-term growth strategy due to mineralization being open and geological similarities to large-scale deposits like Canadian Malartic, alongside development at the Stock Mine and Froome West and exploration in Nevada.
What other projects and operations does McEwen Inc. have?
McEwen has producing mines in the USA, Canada, and Argentina, a large advanced-stage copper development project in Argentina (Los Azules), and a gold and silver mine on care and maintenance in Mexico.
What is unique about McEwen’s leadership and ownership structure?
Rob McEwen, Chairman and Chief Owner, has a personal investment of $205 million in the company and takes a salary of $1/year, with the objective to build share value and establish a dividend.
Where can investors find more information about McEwen Inc.?
The latest news and updates are available in the company’s newsroom at https://ibn.fm/MUX, and the full press release can be viewed at https://ibn.fm/2obee.
What are the environmental goals for McEwen’s Los Azules copper project?
The Los Azules copper project is being developed to become one of the world’s first regenerative copper mines and carbon neutral by 2038.
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