McEwen Mining (NYSE: MUX) (TSX: MUX) has released new drill results from the Gold Bar Mine Complex in Nevada’s Eureka Mining District, highlighting what it calls the best hole drilled by the company to date at the Windfall deposit. The hole returned 5.55 grams per tonne gold over 44.2 meters, including 48.38 grams per ton gold over 4.6 meters of oxide mineralization. These results, combined with recent and historical data, demonstrate strong grade continuity over long intervals and indicate that higher-grade mineralization remains open at depth.
The company plans to drill test deeper extensions in March as Windfall, Lookout Mountain and Unity Ridge advance toward production. This drilling program is part of McEwen’s broader strategy to double gold production by 2030. The Gold Bar Mine Complex is a key asset in achieving that goal, and the latest results underscore its potential for long-life operations.
McEwen shares trade on both the NYSE and TSX under the ticker MUX. The company provides shareholders with exposure to a growing base of gold and silver production in the Americas, in addition to a large copper development project. The gold and silver mines are located in prolific mineral-rich regions, including the Cortez Trend in Nevada, the Timmins district of Ontario, and the Deseado Massif in Argentina. McEwen is also considering reactivating a gold and silver mine in Mexico.
The company holds a 46.4% interest in McEwen Copper, which owns the advanced-stage Los Azules copper development project in Argentina. According to the last financing for McEwen Copper, the implied value of McEwen’s ownership interest is US$456 million. The Los Azules project is designed to be one of the world’s first regenerative copper mines and aims to be carbon neutral by 2038. Its feasibility study results were announced in a press release dated October 7, 2025.
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. He is a recipient of the Order of Canada, a member of the Canadian Mining Hall of Fame, and a winner of the EY Entrepreneur of the Year (Energy) award. His objective is to build MUX’s profitability, share value, and eventually implement a dividend policy, as he did while building Goldcorp Inc.
For the latest news and updates relating to MUX, visit the company’s newsroom at https://ibn.fm/MUX.
