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FAQ: McEwen Inc.'s 2025 Grey Fox Mineral Resource Update and Company Overview
TL;DR
McEwen's Grey Fox Project resource increase to 1.9M gold ounces offers investors a strategic advantage in the gold market ahead of its 2030 production doubling goal.
McEwen's updated mineral resource estimate incorporates underground and open-pit scenarios using a $3,000 gold price, with a pre-feasibility study scheduled for Q2 2026.
McEwen's Grey Fox Project contributes to sustainable mining by supporting long-life operations and aligns with their regenerative copper mine goal for carbon neutrality by 2038.
McEwen's Chairman Rob McEwen invests over $200M personally and takes a $1 salary, aligning with shareholders while building the company's value and future dividends.
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McEwen Inc. announced its year-end 2025 mineral resource estimate for the Grey Fox Project, reporting 1.9 million indicated gold ounces and 436,000 inferred gold ounces, representing a 23% increase in indicated resources compared to year-end 2024.
The Grey Fox Project is located within the Fox Complex in Timmins, Ontario, Canada.
The Grey Fox Project is expected to play a key role in McEwen's objective of doubling production by 2030 as the Fox Complex transitions into a long-life mining operation.
The updated estimate incorporates both underground and open-pit mining scenarios and highlights potential for further growth through the recently acquired Stroud Property, new drill results received after the resource cutoff date, and mine and plant optimization.
The pre-feasibility study is scheduled for Q2 2026.
McEwen has gold and silver mines in Nevada, Ontario, and Argentina, is considering reactivating a mine in Mexico, and holds a 46.4% interest in McEwen Copper, which owns the Los Azules copper development project in Argentina.
The Los Azules copper project is designed to be one of the world's first regenerative copper mines and carbon neutral by 2038, with feasibility study results announced on October 7, 2025.
Rob McEwen is the Chairman and Chief Owner of McEwen Inc., who has invested over US$200 million personally, takes a $1 annual salary, and aims to build profitability, share value, and eventually implement a dividend policy.
The latest news and updates relating to MUX are available in the company's newsroom at https://ibn.fm/MUX.
According to the last financing for McEwen Copper, the implied value of McEwen's 46.4% ownership interest is US$456 million.
Curated from InvestorBrandNetwork (IBN)
