McEwen Inc. (NYSE: MUX) (TSX: MUX) has announced the discovery of high-grade gold mineralization approximately 200 meters west of its Froome Mine at the Fox Complex. This discovery, featuring standout intercepts such as 36.0 g/t gold over 10.0 meters and 160.0 g/t over 2.2 meters, marks a significant expansion potential for the Fox Complex. The newly identified Froome West zone exhibits stacked, sub-vertical lenses with a steep high-grade plunge, remaining open at depth and along strike.
Development efforts are currently underway to extend mining infrastructure westward, aiming to support both near-term expansion and long-term exploration activities. This discovery not only enhances the flexibility in the Fox Complex mine plan but also holds potential comparable to the historic Black Fox Mine, underscoring the importance of this find for McEwen Inc. and its stakeholders.
For further details on this discovery, the full press release can be viewed here. This development is a testament to McEwen Inc.'s ongoing efforts to improve the productivity and lifespan of its assets, with the ultimate goal of increasing shareholder value.
