NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MU
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McEwen Mining (NYSE: MUX) (TSX: MUX) shared promising assay results from its Grey Fox deposit within the Fox Complex in Ontario, Canada, including a highlight of 10.2 g/t gold over 11.1 meters at the Whiskey Jack zone. Geological studies reveal similarities between Grey Fox and Japan’s high-grade Hishikari Gold Mine, suggesting potential for stacked epithermal veins alongside orogenic gold zones. Current modeling identifies over 50 mineralized lenses, with 90% of Grey Fox’s 1.4-million-ounce gold resource located within 300 meters of the surface. The ongoing exploration aims to expand production and uncover deeper mineralization, with an updated resource estimate for the Fox Complex expected in Q1 2025.
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