McEwen Inc. has reported continued progress across three key areas at its Gold Bar Mine Complex in Nevada, with recent drilling returning notable intercepts that underscore the project's growth potential. The company is advancing exploration at Lookout Mountain, Windfall and Unity Ridge as it works to increase resources, extend mine life and potentially boost annual gold production. Recent drilling results included 1.0 gpt gold over 89.9 meters at LM045, 4.6 gpt gold over 26.7 meters at WF055 and 3.6 gpt gold over 48.8 meters at GB660. These intercepts demonstrate the mineralization continuity and grade quality across the complex.
The company aims to integrate these zones into its mine plan using existing infrastructure where possible, emphasizing capital efficiency as it advances toward a pivotal year for Gold Bar in 2026. The integration of new zones into the existing mine plan represents a strategic approach to resource development that leverages current infrastructure while pursuing growth opportunities across the complex. The announcement comes as the company prepares for what it describes as a pivotal year for Gold Bar in 2026, with the current exploration results providing momentum toward that milestone.
The company's broader portfolio includes exposure to growing gold and silver production across multiple regions in the Americas, including the Cortez Trend in Nevada, the Timmins district of Ontario, Canada and the Deseado Massif in Santa Cruz province, Argentina. McEwen is also considering reactivating a gold and silver mine in Mexico. According to the company's information, McEwen has a 46.4% interest in McEwen Copper, which owns the large, long-life, advanced-stage Los Azules copper development project in San Juan province, Argentina. The Los Azules copper project is designed to be one of the world's first regenerative copper mines and carbon neutral by 2038.
Chairman and Chief Owner Rob McEwen has invested over US$200 million personally and takes a salary of $1 per year, aligning his interests with shareholders. His objective is to build MUX's profitability, share value and eventually implement a dividend policy, as he did while building Goldcorp Inc. The company's latest news and updates relating to MUX are available in the company's newsroom at https://ibn.fm/MUX. The full press release detailing the Gold Bar Mine Complex results can be viewed at https://ibn.fm/eDLEM.
