McEwen Mining Inc. Common Stock (MUX)

TORONTO, July 03, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) ("MUX" or the "Company”) announces the results of the MUX Annual Meeting of Shareholders held on June 19, 2025. Following shareholder approval, the Company has filed the Articles of Amendment with the Secretary of State to effect the approved name change on July 7, 2025. The Company will begin trading on the NYSE under its new name, McEwen Inc., on July 7, 2025, and on the TSX shortly thereafter. There will be no change in the Company’s CUSIP or stock symbol.

McEwen Mining (NYSE: MUX) (TSX: MUX) portfolio company Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) reported six new visible gold occurrences in a 96.5-meter mineralized interval from drill hole GD-25-302 at the Bonanza Zone of its Golddigger Property in British Columbia’s Golden Triangle. The hole, targeting a deep magnetic anomaly linked to the theorized Motherlode source, is still underway and expected to reach 1,000 meters. The mineralization closely resembles Goliath’s highest-grade intercept to date and significantly extends the gold-rich system. Based on this and ongoing discoveries, Goliath has expanded its fully funded 2025 drill program from 40,000 to 60,000 meters, focusing on unlocking the full extent of the Surebet system and its Reduced Intrusion Related Gold (RIRG) potential.

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) --  Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to report abundant gold visible to the naked eye (6 occurrences) within a 96.50 meter mineralized interval of sulphide rich calc-silicate veins in altered andesite unit with high density veining in drill hole GD-25-302 (assays pending) from the Bonanza Zone at its 100% controlled Golddigger Property (the “Property”), Golden Triangle, British Columbia. This significant mineralization was found within an altered andesite unit, showing excellent density of quartz-sulphide veining, a known strong indicator of high-grade gold potential. This hole is still in progress, designed to reach a depth of 1,000 meters and specifically target a magnetic anomaly believed to be directly connected to the Motherlode magmatic source, which is thought to be responsible for the high-grade gold mineralization at Surebet.

Surebet Discovery Highlights

Eocene Mineralized Dyke Discovery

McEwen Mining (NYSE: MUX) (TSX: MUX) announced the start of ramp construction at its Stock Mine, part of the Fox Complex in Ontario’s prolific Timmins gold district. The new ramp will provide underground access to the West, Main, and East zones and is expected to enable lower-cost-per-ounce gold production starting in the second half of 2025. CEO Rob McEwen highlighted the timing as ideal, with gold trading at record highs and the transition away from the Froome Mine unlocking key cost and efficiency advantages. Benefits include eliminating a burdensome metal stream, boosting mill throughput with softer ore, and reducing haulage costs by processing material on site.

TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce a significant development at our Fox Complex’s Stock Mine that will usher in a new chapter of growth. Construction of the ramp system is now underway to provide access to future lower-cost-per-ounce gold production.

Surebet Discovery Highlights

McEwen Mining (NYSE: MUX) (TSX: MUX) extends congratulations to Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) on mobilizing its largest drill program to date at the 100%-owned Golddigger Property in British Columbia’s prolific Golden Triangle. The 2025 campaign will consist of 40,000 meters of drilling focused entirely on the Surebet high-grade gold discovery, targeting expansion of the mineralized system laterally and at depth, and testing multiple feeder dykes and structural intersections.

Surebet Discovery Highlights

McEwen Mining (NYSE: MUX) (TSX: MUX) reported Q1 2025 results and outlined growth plans at its Fox Complex, targeting 60,000 ounces of annual gold production by 2027 and a potential expansion to 150,000 ounces by 2030, pending permits. Total annual output could rise to 225,000–255,000 gold equivalent ounces. Backing this plan, the company completed a $110 million convertible note financing. Q1 consolidated production totaled 24,131 GEOs, with improvements expected throughout the year to meet 2025 guidance of 120,000–140,000 GEOs. Gross profit rose to $10.1 million from $6.0 million in Q1 2024, driven by a 31% increase in average realized gold prices. Net loss narrowed to $3.9 million from $20.4 million a year ago. McEwen also confirmed progress at Gold Bar, San José and Grey Fox, and expects to publish a feasibility study on the Los Azules copper project in July.

TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its first quarter results for the period ended March 31st, 2025 (“Q1/25”).

McEwen Mining (NYSE: MUX) (TSX: MUX) announced standout drill results from its Fox Complex’s Grey Fox Project, including what the company described as some of the best intercepts yet from the Gibson zone. Highlights include 12.4 g/t gold over 10.7 meters and 4.0 g/t over 30.1 meters, the latter potentially indicating a broad mineralized zone. Drilling at Grey Fox South extended mineralization 250 meters below the existing resource base, while a separate intercept at the 147 Zone returned 48.5 g/t gold over 0.8 meters. A new exploration corridor and promising results near the Whiskey Jack Zone further support resource growth at the site.

New Results Continue to Build on Resource Size12.4 g/t gold over 10.7 m including 27.9 g/t gold over 4.5 m

McEwen Mining (NYSE: MUX) (TSX: MUX) will host a conference call on Thursday, May 8, at 11 a.m. EDT to discuss its first quarter 2025 financial results and project developments. The call will include a live question-and-answer session, during which participants can ask questions directly over the phone.

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q1 2025 financial results, on Thursday, May 8th, 2025, at 11:00 AM EDT, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast.

McEwen Mining (NYSE: MUX) (TSX: MUX) partner Goliath Resources Ltd. has engaged JDS Energy & Mining Inc. to evaluate the development of an underground exploration adit at its 100%-owned Golddigger property in British Columbia’s Golden Triangle. The proposed adit would access the Bonanza Zone—an area of high-grade, gently dipping gold mineralization—enabling more efficient year-round underground drilling, geological confirmation, and potential bulk sampling. Notably, drill hole GD-24-260 returned 34.52 g/t AuEq over 39 meters, including intervals of over 130 g/t AuEq.

TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF) (the “Company” or “Goliath”) is pleased to announce world renowned JDS Energy & Mining Inc. (“JDS”) has been engaged to assess the viability, permitting and development of an underground exploration adit at Surebet, at its 100% controlled Golddigger property (the “Property”), Golden Triangle, British Columbia. The Company has tasked JDS with an exploration adit to access a broad expanse of the gently-dipping, high-grade gold lode called the Bonanza Zone that sits approximately 200 meters above the valley floor.

McEwen Mining (NYSE: MUX) (TSX: MUX) recognizes the significance of new geological findings from the Colorado School of Mines on Goliath Resources’ Surebet discovery within the Golddigger Property in British Columbia’s Golden Triangle, which confirm a Reduced Intrusion-Related Gold (RIRG) source and point to exceptional untapped potential. The study identifies two high-grade gold settings—shear-hosted quartz-sulfide veins and gold-bearing felsic to intermediate dykes—each featuring widespread visible gold that increases in abundance and coarseness with depth. Notably, mineralization ages of 50.7 to 52.0 million years confirm a common Eocene-age magmatic origin, with melt droplet inclusions and fluid textures revealing a newly recognized phase separation process in CO₂-rich hydrothermal fluids. With intercepts as high as 34.52 g/t AuEq over 39 meters and consistent mineralization across 243 drill holes, the findings validate the scale of this gold system and underscore the overlooked potential of Eocene-aged mineralization in a region historically dominated by Jurassic targets. McEwen Mining views these results as reinforcing the regional prospectivity and relevance of RIRG systems and supports further exploration guided by this emerging geological model.

Highlights Of The Geological Study Completed By The Colorado School Of Mines:

McEwen Mining (NYSE: MUX) (TSX: MUX) through its founder Rob McEwen, has reaffirmed confidence in Goliath Resources (TSX-V: GOT) (OTCQB: GOTRF) by participating in recent warrant exercises, contributing to the $3.2 million Goliath has received since Jan. 1. McEwen, who holds approximately 3.9% of Goliath’s shares, joins Crescat Capital (~14.4%) in leveraging deep-in-the-money warrants ahead of key expiration dates in 2025. This influx of capital strengthens Goliath’s financial position as it continues to advance its 100%-controlled Golddigger Property in British Columbia’s Golden Triangle, a prolific mining district known for major discoveries. Goliath still holds nearly 6.4 million outstanding warrants representing over $6.3 million in potential near-term funding, with $3.6 million worth expiring by May 16.

TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its fourth quarter ("Q4") and full year 2024 financial and operational results. Production ounces in line with guidance coupled with higher gold prices contributed to increased revenues. Looking ahead, the Company is advancing key projects at Los Azules and Fox Complex while continuing to invest in growth initiatives.

McEwen Mining (NYSE: MUX) (TSX: MUX) will host a conference call on March 18, 2025, at 11 a.m. EDT to discuss its fourth-quarter and year-end 2024 financial results. Management will provide updates on financial performance and project developments, followed by a question-and-answer session where participants can engage directly via phone during the webcast.

TORONTO, March 17, 2025 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) invites you to join our conference call following the release of our Q4 and year-end 2024 financial results, on Tuesday, March 18th, 2025, at 11:00 AM EDT, where management will discuss our financial results and project developments and follow with a question-and-answer session. Participants can ask questions directly over the phone during the webcast.

Dyke Highlights: