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McEwen's Grey Fox Drilling Yields High-Grade Gold, Boosting Resource Potential

McEwen reports strong gold drilling results at Grey Fox Project, with high-grade intercepts supporting resource growth ahead of October 2025 estimate update. NYSE: MUX TSX: MUX.

This development matters because McEwen's continued success at Grey Fox could significantly enhance the company's gold reserves, potentially increasing shareholder value and positioning the company as a major gold producer. For investors, strong drilling results often precede resource upgrades and can drive stock price appreciation. The geological similarities to large-scale deposits like Canadian Malartic suggest substantial untapped potential, while McEwen's commitment to sustainable mining practices through projects like Los Azules reflects the growing importance of environmentally responsible resource development in the mining sector.