Robbery Update

McEwen Mining Maintains Production Guidance

TORONTO, ONTARIO--(Marketwired - April 8, 2015) - McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) maintains 2015 production guidance at our El Gallo Mine in Sinaloa, Mexico despite yesterday's robbery.

Gold production in Q1 2015 was 15,243 ounces, which was 17% higher than guidance due to a 4% higher than expected gold grade and better recoveries.

Production in Q2 2015 is expected to be strong at 14,000 ounces of gold, despite the theft of 7,000 ounces. We appreciate the rapid response of the Sinaloa State and local police who continue to investigate with our full cooperation. We are also working with our insurance carrier and expect to recover the majority of the losses.

El Gallo Mine	Q1 2014	Q1 2015(1)	2015 Guidance
Ore production (tonnes)	359,402	294,806	850,000
Average gold grade (gpt)	1.16	2.71	2.60
Gold produced (oz)	9,295	15,243	50,000
Silver produced (oz)	4,195	11,084	20,000

(1)	Although believed by management to be accurate, information provided for production, tonnes and grade is preliminary and may consequently differ from final results expected to be disclosed in the Company's forthcoming Form 10-Q. Any differences are expected to be positive.

Due to upgrades to the processing plant, approximately 30 days of production in concentrates were in the refinery at the time of the robbery. Fortunately, no one was seriously injured and there was no damage to the plant. Mining and processing activities were not impacted and continue uninterrupted.