Curated News
By: NewsRamp Editorial Staff
May 05, 2025
McEwen Mining Partner Goliath Resources Engages JDS Energy & Mining for Underground Exploration at Golddigger Property
TLDR
- Engaging JDS Energy & Mining Inc. to evaluate development of an underground exploration adit at Golddigger property provides McEwen Mining a strategic advantage.
- The proposed adit at Golddigger property would access the Bonanza Zone, allowing for more efficient year-round underground drilling, geological confirmation, and potential bulk sampling.
- The exploration adit at Golddigger property in British Columbia's Golden Triangle aims to improve mining efficiency, which can lead to sustainable resource extraction, benefiting the environment.
- Notably, drill hole GD-24-260 returned high-grade gold mineralization, including 34.52 g/t AuEq over 39 meters, showcasing the potential of the Golddigger property.
Impact - Why it Matters
This news highlights the ongoing exploration efforts at Golddigger property, showcasing the potential for significant gold mineralization in British Columbia's Golden Triangle. Investors can track the progress of McEwen Mining and its partners as they aim to maximize asset value and share price through strategic developments and promising exploration results.
Summary
Goliath Resources Ltd., a partner of McEwen Mining (NYSE: MUX) (TSX: MUX), has enlisted JDS Energy & Mining Inc. to evaluate an underground exploration adit at its Golddigger property in British Columbia's Golden Triangle. The adit would provide access to the high-grade Bonanza Zone for more efficient drilling and potential bulk sampling, with promising results from recent drilling activities.
McEwen Mining, a gold and silver producer with operations across North and South America, aims to enhance productivity and asset value. The company's significant stake in McEwen Copper and the development of the Los Azules copper project in Argentina reflect its growth strategy. Investors can access the latest updates on MUX via its newsroom link provided.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, McEwen Mining Partner Goliath Resources Engages JDS Energy & Mining for Underground Exploration at Golddigger Property
