McEwen Inc. (NYSE: MUX) (TSX: MUX) has released final drill results that will be included in an updated Mineral Resource Estimate for its Tartan Mine Project near Flin Flon, Manitoba. The company expects to complete this updated estimate by the end of February, which will support future planning as McEwen targets doubling gold production by 2030.
The recent drilling highlights include an intercept of 7.5 grams per tonne gold over 18.9 metres, extending high-grade mineralization along the Western Flank beyond previously reported results. This indicates strong potential to further expand the resource as the Main Zone widens at depth while maintaining robust gold grades. The full press release detailing these results is available at https://ibn.fm/mB9c3.
This announcement is significant for investors and the mining industry as it demonstrates continued resource growth potential at a key North American gold project. The Tartan Mine's expansion supports McEwen's broader production goals and contributes to the company's portfolio of assets across the Americas. McEwen provides shareholders with exposure to growing gold and silver production in addition to a substantial copper development project.
The company's operations span several prolific mineral-rich regions, including the Cortez Trend in Nevada, the Timmins district of Ontario, and the Deseado Massif in Santa Cruz province, Argentina. McEwen is also considering reactivating a gold and silver mine in Mexico. Beyond precious metals, the company holds a 46.4% interest in McEwen Copper, which owns the advanced-stage Los Azules copper development project in San Juan province, Argentina.
According to the last financing for McEwen Copper, the implied value of McEwen's ownership interest is US$456 million. The Los Azules project is designed to be one of the world's first regenerative copper mines and carbon neutral by 2038. Feasibility Study results for this project were announced in a press release dated October 7, 2025, available in the company's newsroom at https://ibn.fm/MUX.
Chairman and Chief Owner Rob McEwen has invested over US$200 million personally in the company and takes a salary of $1 per year, aligning his interests with shareholders. His objective is to build McEwen's profitability, share value and eventually implement a dividend policy. The latest news and updates relating to McEwen are available through the company's communications channels.
