McEwen Mining (Seite 68)

[bigyawn]

ORIGINAL: Rob McEwen and McEwen Mining File Early Warning Reports in Connection With a Private Placement in Great Bear Resources Ltd.

2018-09-11 16:24 ET - News Release

TORONTO, Sept. 11, 2018 (GLOBE NEWSWIRE) -- Rob McEwen, through his wholly owned company Evanachan Limited (“Evanachan”), and McEwen Mining Inc. (“MUX”) have subscribed today for 3,930,932 Units (the “Units”) of Great Bear Resources Ltd. (“GBR”) of 1020-800 West Pender Street, Vancouver, BC, V6C 2V6 at a price of $1.45 per Unit for an aggregate gross investment of $5,699,851.40. The subscriptions by Evanachan and MUX were made by way of private placement, which formed part of a larger offering by GBR on the same terms (the “Offering”). Each Unit consists of one common share and one half of a common share purchase warrant (the “Warrants”), each Warrant is exercisable for 24 months from the closing of the Offering, at an exercise price of $1.75. This subscription agreement is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals. The securities to be issued will be subject to a hold period of 4 months plus one day in Canada. Prior to participating in the Offering, neither Evanachan nor MUX held any securities of GBR.
The 3,144,746 Units purchased by Evanachan represent 9.20% of the currently issued and outstanding common shares of GBR. After giving effect to the exercise of the 1,572,373 Warrants (but before the exercise or conversion of any other securities exercisable or convertible into common shares of GBR), the common shares and the common share purchase warrants held by Evanachan represent, in the aggregate approximately 13.19% of the currently-issued and outstanding common shares of GBR.
The 786,186 Units purchased by MUX represent 2.30% of the currently issued and outstanding common shares of GBR. After giving effect to the exercise of the 393,093 Warrants (but before the exercise or conversion of any other securities exercisable or convertible into common shares of GBR), the common shares and the common share purchase warrants held by MUX represent, in the aggregate approximately 3.41% of the currently-issued and outstanding common shares of GBR.
Evanachan and MUX have acquired the Units of GBR for investment purposes, and in accordance with applicable securities laws, they may, from time to time and at any time, acquire additional common shares of GBR and/or other equity, debt or other securities or instruments (collectively, “Securities”) of GBR in the open market or otherwise and reserves the right to dispose of any or all of its Securities in the open market or otherwise, at any time and from time to time, and to engage in any hedging or similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of GBR and other relevant factors. Evanachan is an Ontario incorporated company, whose principal business is resource sector investment. MUX is a Colorado incorporated mining company.
A copy of the early warning report filed in connection with the offering will be made available on Sedar (www.sedar.com).
FOR FURTHER INFORMATION PLEASE CONTACT:
Stefan Spears
Evanachan Limited and McEwen Mining Inc.
150 King St. West Suite 2800
Toronto, Ontario
[phone] x280


© 2018 Canjex Publishing Ltd. All rights reserved.

[boersentrader02]

Antwort auf Beitrag Nr.: 58.657.071 von marstru am 10.09.18 00:24:18

Danke, so ist das natürlich bedeuted besser. Prima

[marstru]

Antwort auf Beitrag Nr.: 58.647.489 von boersentrader02 am 07.09.18 22:44:25

Die Präsentation auf Youtube https://www.youtube.com/watch?v=vX40bbDy-h4

[boersentrader02]

Hier stelle ich die neueste Präsentation von McEwen Mining ein. 158 Seiten stark

Diese Präsentation gibt einen Überblicl über alle Aktivitäten die z. Zt. bei MUX am laufen sind.


https://static2.seekingalpha.com/uploads/sa_presentations/93…


https://seekingalpha.com/article/4204965-mcewen-mining-mux-i…

[freddy1989]

Antwort auf Beitrag Nr.: 58.632.618 von bigyawn am 06.09.18 15:53:10

Ich sag mal so als Goldinvestor ist man nicht schlecht aufgestellt wenn es kracht

https://www.der-privatinvestor.de/die-aktuelle-lage-im-frueh…

[bigyawn]

McEwen Mining pegs Gold Bar at 197,000 oz Au indicated

2018-09-06 07:23 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING ANNOUNCES GOLD BAR RESOURCE UPDATE AND NEW DRILL PROGRAM
McEwen Mining Inc. has started a new phase of drilling as part of its continuing $5-million exploration program at the Gold Bar property, located along the prolific Battle Mountain-Eureka gold trend in Nevada, United States.
McEwen's 2018 exploration goals are to grow known deposits and make new discoveries that will contribute to extending the life of the Gold Bar Mine. From Nov 2017 to Q2 2018 drilling focused on expanding known resources and better delineating the planned open pits. Seventy-nine new drill holes totaling 52,700 ft. (16,000 m) of drilling was completed since the last resource estimate in 2015.
The Gold Bar resource update resulted in an increase of 92,000 ounces of Indicated resources, and an additional 82,000 ounces of Inferred resources, mostly in the Gold Pick and Gold Ridge areas (see Table 1). The increase was attributable in part to the additional drilling and also to economic factors such as higher gold recoveries and lower waste mining costs.

Table 1 - Gold Bar Property Resource Summary

Deposit Area Resource Category March 2018 Gold OuncesNew August 2018 Gold Ounces**Change
Gold Bar Measured + Indicated629,000 721,000 +92k
Inferred 115,000 197,000 +82k
Gold Bar South*Indicated 101,000 101,000 Unchanged
Inferred 5,000 5,000 Unchanged
TOTAL Measured + Indicated730,000 822,000 +92k
Inferred 120,000 202,000 +82k
* A new resource estimate for Gold Bar South was not completed therefore it is unchanged.
** Refer to Table 2 for details of the resource estimate.


During the first half of 2018, multiple exploration methods including geophysical surveys, soil and rock geochemical sampling programs, satellite data acquisition, and 'boots on the ground' geologic mapping contributed data to a new geologic model that revealed high quality drill targets defined by overlapping anomalies. Three exploration and development targets are covered in this release: Cabin Creek, ML, and Gold Bar South.
"We are entering a very interesting time for Gold Bar exploration. For the first time we have assembled all the key information that allows us to develop a robust geological understanding and define new high quality drill targets. We are initiating drilling to target additional oxide mineralization to extend the mine life, and to explore for deeper Carlin-type gold discoveries. We believe Gold Bar hosts all the essential attributes that are characteristic to large Carlin-type gold deposits and look forward to this new and exciting phase of exploration, " stated Sylvain Guerard, Senior Vice President Exploration.
Cabin Creek
The Cabin Creek area lies along an anticline cut by a large fault zone. It is one of multiple targets along the anticline, which extends for more than 5 miles (8 km) across the Gold Bar Property. Exploration work to date has extended the prospective target area by more than 24 acres (10 hectares). Drilling commenced in mid-August, targeting oxide extensions of the gold mineralization along strike and down dip. A total of 5 holes are currently planned to depths averaging 1,000 feet (305 m).
ML
The ML target area lies approximately 4,000 feet (1.2 km) southeast of the Cabin Creek deposit. ML is a completely new and untested, shallow, oxide gold target area defined by geophysical, geochemical, and geological targeting anomalies. A drilling program of six reverse circulation rotary holes is anticipated to start in early September. It is also considered a good area for deep exploration targeting higher-grade gold mineralization similar to other Carlin-type deposits in Nevada, such as Barrick's Cortez Hills or Gold Rush.
Gold Bar South
The Gold Bar South deposit (formerly known as Afgan) lies approximately 3.5 miles (5.7 km) southeast of Cabin Creek. The area remains open at depth and along strike. The geology of the near-surface mineralization at Gold Bar South suggests the potential for stacked Carlin-type targets in units below the known resource. It will be the target of infill drilling, and deeper exploration drilling. The program, beginning in October, consists of 22 infill holes, 5 oriented core holes and 5 metallurgical core holes for a total of 5,000 ft (1,500 m).

Table 2 - Mineral Resource Statement for the Gold Bar Deposit, SRK Consulting (U.S.), Inc., August 31, 2018

U.S. Standard Units Metric Units
Tonnage Gold Grade Contained gold Gold Grade Contained Gold (kg)
Gold Bar Project Resources (000's tons) (oz/t) (000's oz) (g/t) (kg)
Measured 3,105 0.034 106 1.17 3,286
Indicated 23,901 0.026 615 0.88 19,141
Measured and Indicated 27,006 0.027 721 0.92 22,427
Inferred 7,510 0.026 197 0.90 6,126


Table 2 does not include mineral resources at the Gold Bar South deposit.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that any part of the Mineral Resources estimated will be converted into a Mineral Reserves estimate;
Resources stated as contained within a potentially economically minable open pit; pit optimization parameters are: US$1,350/oz Au, 82% recovery, US$5/oz Au Sales Cost, US$1.85/t waste mining cost for Cabin Creek, US$1.80/t waste mining cost for Gold Pick, US$1.78/t waste mining cost for Gold Ridge, US$9.48/t ore mining and processing cost (OMPC) for Gold Pick, US$9.57/t OMPC for Cabin Creek, and US$10.57/t OMPC for Gold Ridge, 54 degree pit slopes for Gold Pick and Cabin Creek, and a 42 degree pit slope for Gold Ridge;
Resources are reported using a gold cutoff grade of 0.007 oz/t for Gold Pick and Cabin Creek and a cutoff grade of 0.008 oz/t for Gold Ridge;
Numbers in the table have been rounded to reflect the accuracy of the estimate and may not sum due to rounding.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON
Technical information pertaining to geology and exploration contained in this news release has been prepared by Charles Sulfrian, AIPG, CPG. Mr. Sulfrian is a "qualified person" within the meaning of NI 43-101.
Mineral resources were calculated in accordance with the Canadian Institute of Mining, Metallurgy, and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves, May 10, 2014 (CIM, 2014). Accordingly, the Resources have been classified as Measured, Indicated or Inferred. The resource estimate and related geologic modeling were conducted by, or under the supervision of, Tim Carew, M.Sc. P.Geo., and Justin Smith, B.Sc., P.E., SME-RM, both of SRK Consulting (U.S.), Inc., Reno, Nevada. Mr. Carew and Mr. Smith are Qualified Persons and are independent of MUX for the purposes of NI 43-101.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen drills 8.3 m of 53.9 g/t Au at Froome

2018-09-06 06:24 ET - News Release

Mr. Ken Tylee reports
MCEWEN MINING INTERSECTS 53.9 G/T GOLD OVER 8.3 M AT THE FROOME FOOTWALL
McEwen Mining Inc. has released an updated resource estimate for the Froome deposit and highly encouraging exploration results from its continuing $15-million exploration program at the Black Fox complex near Timmins, Ont., Canada.
Highlights include:
Froome Footwall: Drilling intersected 53.93 g/t gold over 8.29 m including 322.86 g/t gold over 1.34 m , along the footwall structure located approximately 150 m North of the main Froome deposit.
Froome Resource: Indicated resource estimate increased by 14% to 181,000 gold ounces at a grade of 5.09 g/t.
Pike River: Shallow high-grade intersection of 35.04 g/t gold over 3.30 m core length (CL) along the same 7 km long structural belt that hosts the Froome deposit and Gibson mineralization.
Grey Fox: Multiple shallow intersections including 13.41 g/t gold over 2.82 m including 27.70 g/t gold over 0.94 m , and 5.79 g/t gold over 1.99 m including 9.71 g/t gold over 0.93 m from a mineralized cross-structure located in the hanging wall of the 147 Zone, which has a current Indicated resource of 264,000 gold ounces at a grade of 7.49 g/t.
Black Fox Mine: 35.08 g/t gold over 1.69 m intersected on the depth extension of the mine. An underground exploration drift is under development and additional drilling will begin in mid-September.
Froome Footwall
Surface drilling at Froome during Q3 has been focused on two targets: 1) evaluating the down-plunge extension of the Froome Deposit, and 2) assessing the potential of the mineralized footwall, which returned 53.93 g/t gold over 8.29 m including 322.86 g/t gold over 1.34 m. The current interpretation suggests that this new occurrence extends the complex, braided {A ‘}belt' of elevated gold mineralization (running parallel to Froome) by approximately 350 m strike length to the East.
The addition of these new drill intersections within the Froome Footwall could provide an economic enhancement to the proposed underground development planned to commence later in September. Definition drilling to further evaluate the footwall target is ongoing.

Significant Froome Footwall drill intersections include:
Hole Area From (m) To (m) Length (m) TW (m) Gold (g/t)
18PR-G276 Froome Main 420.50 422.00 1.50 1.27 4.81
Including 420.50 421.00 0.50 0.42 10.50
And 445.00 455.00 10.00 8.47 2.68
Including 450.00 453.00 3.00 2.54 6.31
18PR-G279 Froome FW 88.60 92.00 3.40 2.86 1.54
And 97.00 101.15 4.15 3.49 3.05
And 113.00 122.90 9.90 8.29 53.93
Including 113.00 114.60 1.60 1.34 322.86
18PR-G280 Froome Main 306.95 315.35 8.40 7.27 2.61
And 347.00 354.00 7.00 6.05 3.24
18PR-G288 Froome FW 81.00 88.00 7.00 5.96 3.32
18PR-G292 Froome FW 150.20 158.00 7.80 7.07 3.05
TW = True width (mathematically calculated based on current interpretation)



Pike River Target
The Pike River Target Area, located between the Froome Deposit to the northwest and Gibson Deposit to the southwest, is underlain by the Gibson-Kelore Fault zone. These mineralized intercepts indicate the high potential for a new discovery within this underexplored segment of the Gibson-Kelore Fault Zone.
Significant Pike River drill intersections include:

Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
18PR-032Pike River70.00 72.00 2.00 * 2.12
And 79.00 82.30 3.30 * 35.04
* True width unknown



Grey Fox - 147 Zone Hanging Wall Target
Previous exploration activities at Grey Fox focused on east dipping oreshoots. A 3,000 m drill program traced a mineralized cross-structure at a different orientation over a strike length of 140 m, and from the surface to a depth of 125 m. These results indicate that the mineralized cross-structure is continuous and traceable, and provides a framework for adding resource ounces at Grey Fox.

Significant Grey Fox drill intersections include:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
18GF-1087147 HW30.10 33.48 3.38 2.76 1.14
And 129.90 136.006.10 4.96 3.64
Including 133.00 136.003.00 2.44 6.75
18GF-1088147 HW8.85 11.30 2.45 1.99 5.79
Including 8.85 10.00 1.15 0.93 9.71
18GF-1092147 HW7.00 10.00 3.00 2.82 13.41
Including 9.00 10.00 1.00 0.94 27.70



Black Fox Underground
One underground drill rig has been testing the down-plunge extension of the Deep Central Zone (DCZ) (see Figure 1). Drilling intersected multi-phase quartz-carbonated veining, which returned an intercept of 35.08 g/t gold over 1.69 m including 55.10 g/t gold over 1.01 m. This represents the deepest high-grade intercept at the mine, and supports the belief that mineralization extends deeper down plunge. Drilling will resume in mid-September from better positions in the newly constructed drilling bays on the 810 m level.
Significant DCZ drilling highlights include:



Hole AreaFrom (m)To (m)Length (m)TW (m)Gold (g/t)
520-EX346-42DCZ 426.50 428.001.50 1.30 6.87
And 561.00 563.002.00 1.69 35.08
Including 561.00 562.201.20 1.01 55.10
490-L094-98 DCZ 215.80 217.001.20 0.81 161.89
Including 215.80 216.400.60 0.40 320.73


Froome Resource Estimate
The tables below summarize the current and previous Froome resource estimates. The differences are primarily attributable to additional drilling. Similar modeling parameters were used in both estimates.

Mineral Resource Statement, Froome Project, SRK Consulting (Canada) Inc., August 31, 2018

Classification Cut-off Grade Gold (g/t)Quantity({A ‘}000 t)Grade Gold (g/t)Contained Gold (000 oz)
Indicated Mineral Resource
Underground 3.20 1,104 5.09 181
Total Indicated 3.20 1,104 5.09 181
Inferred Mineral Resource
Underground 3.20 17 4.62 2
Total Inferred 3.20 17 4.62 2




Previous Mineral Resource Statement, Froome Project, SRK Consulting (Canada) Inc., March 30, 2018 (Obsolete)

Classification Cut-off Grade Gold (g/t)Quantity({A ‘}000 t)Grade Gold (g/t)Contained Gold (000 oz)
Indicated Mineral Resource
Underground 3.20 941 5.26 159
Total Indicated 3.20 941 5.26 159
Inferred Mineral Resource
Underground 3.20 125 4.70 19
Total Inferred 3.20 125 4.70 19




ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development. McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON
Technical information pertaining to geology and exploration contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo. Mr. Tylee is a "qualified person" within the meaning of NI 43-101.
The current mineral resource estimate was prepared by Dr. Aleksandr Mitrofanov, P Geo, who is a "qualified person" within the meaning of National Instrument 43-101 ("NI 43-101"). The previous mineral resource estimate was audited by Dr. David Machuca, PEng (PEO 100508889), who is a "qualified person" within the meaning of National Instrument 43-101 ("NI 43-101"). Dr. Mitrofanov and Dr. Machuca are employees of SRK Consulting, (Canada) Ltd and are considered to be "independent" of McEwen for the purposes of NI 43-101.
TECHNICAL INFORMATION
All intercept widths are true widths unless otherwise specified.
All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO9001/IEC17025 certified. Samples from definition and select delineation drilling, and development sampling completed within the Black Fox mine are assayed at McEwen's onsite laboratory. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3g/t gold for underground (1 g/t gold for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
For further details about the Black Fox Complex project including Tamarack, please see our recent NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th, 2018 with an effective date of October 31st, 2017 available on SEDAR (www.sedar.com) under our issuer profile.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

McEwen releases NI 43-101 inf estimate for Stock East

2018-09-06 06:15 ET - News Release

Mr. Sylvain Guerard reports
MCEWEN MINING REPORTS INITIAL RESOURCE AND HIGH GRADE DRILL INTERSECTIONS AT STOCK PROPERTY
McEwen Mining Inc. has released an initial inferred resource estimate for the Stock East deposit and highly encouraging early-stage exploration results from targets located on the Stock property, part of the Black Fox complex near Timmins, Ont., Canada.
Highlights include:
The initial Stock East Deposit Inferred resource estimate is 114,000 gold ounces at a grade of 2.54 g/t (combined open pit and underground), which is part of a 2 km long mineralized trend that also hosts the past-producing underground Stock Mine (historical production of 137,000 gold ounces at a grade 5.5 g/t, and no current resource estimate).
Stock East drilling intersected 25.16 g/t gold over 2.09 m.
Stock Mine drilling intersected 22.15 g/t gold over 1.39 m and 7.01 g/t gold over 2.98 m on the depth extension of the mine.
Drilling started in February at Stock East, a target that was unexplored for over 20 years. The encouraging results from that campaign prompted us to extend drilling activities over a 2 km long trend that includes the Stock Mine, Gap and Stock East targets. Positive drill results include narrow higher grade intersections, and also wider and lower grade intersections that may support the potential for open pit mining," stated Sylvain Guerard, Senior Vice-President Exploration.
Stock East
The Stock Property covers a 6.5 km section of the Destor-Porcupine fault. The Stock East Zone is located 700 m east of the former Stock Mine and current mill facilities (see Figure 1). Drilling to date has outlined a thick sequence of gold-bearing altered mafic volcanic rocks believed to represent the eastern strike extension of the former Stock Mine. An initial drilling program beginning in February 2018 (Phase 1) returned encouraging intersections of gold mineralization, which were previously reported in press releases dated April 30 and July 25, 2018. A follow-up drilling program began in June 2018 (Phase 2) and is still in progress.

Stock East highlights are listed in the table below:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
S18-38 Stock East268.40 274.506.10 4.76 1.71
S18-46 Stock East304.80 340.5035.70 30.41 1.14
S18-47 Stock East335.70 348.0012.30 9.69 5.76
Including 344.45 347.102.65 2.09 25.16
Including 345.00 347.102.10 1.66 30.02
And 360.00 361.701.70 1.34 7.49
S18-56 Stock East473.10 479.756.65 5.43 2.87
S18-59 Stock East238.00 256.8518.85 13.85 0.81
And 268.00 274.006.00 4.42 1.28


Drilling has outlined an open pit and underground Inferred resource estimate for the Stock East Deposit totaling 114,000 gold ounces at a grade of 2.54 g/t. Stock East has a strike length of approximately 400 m and extends vertically from surface to a depth of at least 350 m and is open in all directions. An infill drill program is ongoing with the objective of upgrading the resource to the Indicated category later in 2018.
Stock Mine and Gap Target
In addition to drilling the Stock East Zone, the current Phase 2 program is also testing two other areas at the Stock Mine and the Gap Zone, which have had very little previous drilling.
Four holes have been drilled underneath the historical mine workings testing for the extension of the Stock Mine mineralization at depths from approximately 320 to 700 m below surface. In addition, 11 holes have been drilled along a 400 m trend east of the Stock Mine, testing continuity in sparsely drilled areas located along the main structure (Gap Zone).
Gold mineralization has been intersected in a variety of lithological settings including altered feldspar porphyry intrusions, altered mafic volcanic rocks and fuschite-altered ultramafic rocks. The zones include wide intervals of lower-grade gold mineralization (grades from 0.8 to 1.25 g/t gold over widths of 18 to 30 m) and narrow intervals of higher-grade gold mineralization (grades of 5 to 22 g/t gold over widths of 1 to 4 m).
The results below support the potential to extend the mineralization down plunge from the Stock Mine, and for shallow mineralization along the 2 km long trend that extends from the hanging wall of the Stock Mine to the Stock East Zone. Follow-up drilling is ongoing.

Stock Mine highlights are listed in the table below:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
S18-26 Stock Mine464.30 497.4033.10 24.18 0.92
S18-31 Stock Mine612.00 630.0018.00 13.89 0.87
And 719.70 723.003.30 2.59 5.58
Including 722.00 723.001.00 0.79 14.80
And 727.00 730.803.80 2.98 7.01
Including 730.00 730.800.80 0.63 30.10
And 758.35 766.007.65 6.01 2.18
Including 762.00 766.004.00 3.14 3.76
S18-35 Stock Mine333.00 335.002.00 1.39 22.15
And 365.00 383.0018.00 12.54 1.25
And 431.00 435.004.00 2.80 2.12
S18-36 Stock Mine519.00 528.459.45 7.5 1.25


Gap Zone highlights are listed in the table below:
Hole Area From (m)To (m)Length (m)TW (m)Gold (g/t)
S18-27 Gap Zone85.84 87.45 1.61 1.46 2.52
And 141.00 143.002.00 1.84 6.00
Including 142.00 143.001.00 0.92 10.85
S18-33B Gap Zone172.95 176.002.05 2.8 1.48
And 190.15 196.055.90 5.43 0.93
S18-66 Gap Zone107.00 118.0011.00 7.72 0.69
S18-69A Gap Zone51.00 56.40 5.40 5.11 1.01
S18-70 Gap Zone125.00 160.1035.10 25.77 0.78
S18-76 Gap Zone86.15 88.60 2.45 2.31 2.24
S18-77 Gap Zone140.00 142.002.00 1.51 2.50




Stock East Resource
The Stock East Deposit Inferred resource estimate, effective September 5, 2018, is comprised of two components; an open pit constrained Inferred resource of 40,000 gold ounces, and an underground resource of 73,000 gold ounces. Details are as follows:

Classification Cut-off Grade Gold Quantity Gold Grade Contained Gold
(g/t) (000 t) (g/t) (oz)
Open Pit Inferred 0.25 798 1.58 40,000
Underground Inferred2.40 591 3.85 73,000
Total 1,389 2.54 114,000

For further details about the Black Fox Complex project, please refer to our NI 43-101 technical report titled "Technical Report for the Black Fox Complex, Canada" dated April 6th 2018 with an effective date of October 31st, 2017 available on SEDAR ( www.sedar.com ) under our issuer profile.
Stock East Mineral Resource Estimate Notes:
The Mineral Resource Statement complies with the standards for reporting mineral resources as set out under CIM guidelines; Resources are presented undiluted and in-situ and are considered to have reasonable prospects for eventual economic extraction; Mineral resources are not mineral reserves and do not have demonstrated economic viability; all figures are rounded to reflect the relative accuracy of the estimate; Open Pit constrained resources are reported at a cut-off grade of 0.25 g/t Au; underground resources are reported at a cut-off grade of 2.4 g/t Au. Drill hole intervals were composited to 1 m lengths within mineralized domains; After statistical analysis, grade capping was not used for the composite data; however a high grade restricted search was utilised; A density value of 2.60 t/m3 was applied to all lithologies. Additional density measurements on the various lithologies and host rocks to be undertaken; Estimation parameters were determined by variography; all zones were interpolated using Ordinary Kriging (OK); Block dimensions were 6x6x6 m with sub-celling down to 1 m blocks;
McEwen Mining is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues that could materially affect the mineral resource estimate.
The resource estimate is the result of detailed logging and assaying of 69 surface drill holes. In addition to the recent drilling and assay results from 20 drillholes completed by McEwen between February and August 2018, data from a further 47 historic drillholes from the 1990s was used. A re-sampling program of the historic holes have shown that the re-assays are comparable with the historical grades. Statistical analysis of the data (including a 2 sample t-test) indicate that the difference between the original grades and re-assays is close to zero. However, most of the re-sampling was completed on the core from the low-grade intersections of the historical holes, as the core from higher-grade historical intersections was mostly unavailable for re-sampling.
ABOUT MCEWEN MINING
McEwen has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San Jose mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the El Gallo Fenix project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
QUALIFIED PERSON
The technical content in this press release including geology, drilling and sampling has been reviewed and approved by Ken Tylee, P.Geo., Exploration Manager for McEwen; the modelling and estimation of the mineralised zone for the resource estimate, with an effective date of August 8th 2018, was performed under the supervision of Yerzhan Uzakbayev (MAIG), who is a "qualified person" within the meaning of NI 43-101. Mr. Uzakbayev is Senior Consultant Geologist for Datamine International Ltd and is considered to be "independent" of McEwen for the purposes of NI 43-101. The resource estimate has been reviewed and approved by Mr. Luke Willis, P.Geo, Director, Resource Modelling for McEwen who is a "qualified person" within the meaning of NI 43-101.
TECHNICAL INFORMATION
All intercept widths are true widths unless otherwise specified.
All exploration drill core samples at the Black Fox Complex were submitted as 1/2 core. Analyses reported herein were performed by the independent laboratories: ALS Laboratories, which is ISO 9001/IEC17025 certified, Activation Labs, which is ISO 9001/IEC17025 certified, and SGS Canada Laboratories, which is ISO9001/IEC17025 certified. Samples from definition and select delineation drilling, and development sampling completed within the Black Fox mine are assayed at McEwen's onsite laboratory. McEwen's quality control program includes systematic insertion of blanks, standard reference material and duplicates to ensure laboratory accuracy.
To determine the lengths of significant mineralized intervals, the following composite criteria was established: a minimum reportable interval length of 3 m was determined by establishing a cut-off grade of 3 g/t Au for underground (0.5 g/t Au for near surface). A consecutive maximum length of 3 m of internal waste, including sub cut-off grade material, is allowed and incorporated into the reported composites. Where an interval of less than 3 m is considered, if the grade x length calculation is greater than 9 (3 for surface), it may be reported. There is no top cutting or capping of assays.
We seek Safe Harbor.
© 2018 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

ORIGINAL: Attention All Contrarian Investors, Big Profits Are Possible – Time to Alter Your Portfolio Mix

2018-09-05 12:07 ET - News Release

TORONTO, Sept. 05, 2018 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) would like to remind you of our quickly approaching Investor Day which is being held this Thursday, September 6th from 12 pm to 2 pm EDT. We are inviting all precious metals analysts, market letter writers, shareholders and contrarian investors to attend this event in person or participate in the global live webcast. We have made a lot of progress this year and we want to share all the details with you.
We are inviting you to come and learn how:
Exciting new drill intercepts at Black Fox have encountered high grades of up to 20 ounces per ton of gold;
We have been building our gold resources at Black Fox and Gold Bar;
Our newest mine, Gold Bar is progressing quickly to production;
We plan to extend the mine life in Mexico by 12 years without onerous financing needs;
Los Azules, a large copper project and our biggest possible value creator, is being transformed from a remote, limited access exploration project to having year-round access and moving quickly towards permitting.
Our Chairman and Chief Owner, Rob McEwen, has just increased the cost base of his investment in the Company by $25 million to $160 million. Come find out why.
It will likely be a big surprise to most investors to learn that many gold stocks have delivered far superior returns to the broad market indices. Since the start of 2016 to present, while the Dow Jones Industrials and S&P 500 have increased by 52% and 45%, respectively, the share price of McEwen Mining has increased by 76% and yet it is trading at 21% of its 2011 high of $9.15.
If you haven’t considered an investment in precious metals for quite a while, you should now. Why? Because there hasn’t been a better time in many years. The downside risk is much lower than the broad market and the potential for large capital gains is considerable. Consider these two facts: commodity prices are cyclical; and today the value of commodities relative to equities is at the lowest point in 48 years.
Join us this Thursday Sept. 6th to learn why precious metals are the next place to invest and why you should consider having McEwen Mining in your portfolio. The event will be held at Vantage Venues, (previously St. Andrew’s Conference Centre) at 150 King St. West, Toronto, 27th floor, Caledonia Room, from 12:00 pm to 2:00 in the afternoon.
To reserve a seat, please RSVP to [e-mail] or [e-mail], or call our office at telephone [phone] or toll free 866-441-0690.
For those of you who would like to participate in the live webcast, please use the following link and follow the directions http://www.smpav.ca/sign-in.php?ID=39321.
Alternatively you can listen to the audio-only conference by dialing for U.S. & Canada Telephone: [phone] or Toll-Free: 1-866-305-1460, using access code: 5415580 (for additional international numbers click here).
These are very exciting times for MUX and we want you to be a part of it!
ABOUT MCEWEN MINING
McEwen’s goal is to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer. McEwen’s principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the El Gallo Gold mine in Mexico; the Black Fox mine in Timmins, Canada; the Gold Bar mine in Nevada that is currently under construction; and the large Los Azules copper project in Argentina that is advancing towards permitting.
McEwen has a total of 337 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results including, but not limited to, the closing of the Offering and the use of proceeds thereof. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, factors associated with fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks related to fluctuations in mine production rates, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. The Company’s dividend policy will be reviewed periodically by the Board of Directors and is subject to change based on certain factors such as the capital needs of the Company and its future operating results. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2017 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.
CONTACT INFORMATION:



Mihaela Iancu
Investor Relations
647-258-0395 ext 320
[e-mail]
Website: www.mcewenmining.com

Facebook: facebook.com/mcewenrob

Twitter: twitter.com/mcewenmining
150 King Street West
Suite 2800, P.O. Box 24
Toronto, Ontario, Canada
M5H 1J9
866-441-0690


© 2018 Canjex Publishing Ltd. All rights reserved.

[freddy1989]

Marktkap. 677,07 Mio.
KGV 50,89

Weiss jemand wie hoch die Assets von Mc Ewen Mining bewertet sind ? und ob die Bewertung Fair ist im Bezug auf die Market cap?