McEwen Mining Hits High-Grade Gold, Extends Froome Mine by 100 Meters

McEwen Inc. (NYSE: MUX, TSX: MUX), a mining company with operations across the Americas, has announced significant new high-grade drill results from its Froome Mine at the Fox Complex in Timmins, Ontario. The company reports that drilling has extended higher-grade gold mineralization by an impressive 100 meters vertically, representing a 45% increase since July 2025, and confirmed that the mineralization remains open at depth. Furthermore, the results expanded gold zones up to 50 meters westward and identified strong grades in proximity to existing underground infrastructure. This expansion is supported by four active drills currently operating at Froome West, pursuing further growth. These developments are poised to support a potential extension of the mine's life, improve its overall economics, and provide additional mining flexibility, with tangible benefits expected to begin materializing in 2026.

McEwen provides its shareholders with diversified exposure to precious and base metals through its portfolio, which includes three active mines in the USA, Canada, and Argentina, a gold and silver mine on care and maintenance in Mexico, and its flagship Los Azules copper development project in Argentina. The Los Azules project is notable for its ambition to become one of the world's first regenerative copper mines and has committed to achieving carbon neutrality by 2038. For investors seeking the latest news and updates relating to MUX, the company maintains a dedicated newsroom. This press release was disseminated through the InvestorWire platform, which is part of the broader IBN (InvestorBrandNetwork) ecosystem. InvestorWire is a specialized communications platform within the Dynamic Brand Portfolio that focuses on advanced wire-grade press release syndication and a full array of tailored corporate communications solutions for both private and public companies, ensuring broad market reach.

The announcement underscores a period of active growth and resource confirmation for McEwen in a key Canadian mining district. The technical success at the Froome Mine, particularly the expansion near existing infrastructure, suggests a lower-cost pathway to increasing ore reserves and future production. This is critical for enhancing the project's net present value and attracting continued investment. For stakeholders and the market, these results translate into reduced geological risk and a clearer, more robust outlook for the asset's contribution to McEwen's overall production profile. The strategic use of the InvestorWire platform for distribution highlights the company's focus on effective investor relations and transparent communication, leveraging tools like article and editorial syndication to 5,000+ outlets and social media distribution via IBN to reach a wide audience of investors and industry observers efficiently.