McEwen Inc. Reports High-Grade Gold Drilling Results at Grey Fox Project Ahead of October Resource Update

McEwen Inc. (NYSE: MUX) (TSX: MUX) has reported continued strong gold grades and widths from drilling at its Fox Complex's Grey Fox Project, supporting anticipated resource growth ahead of an updated estimate expected in October 2025. The results from the Gibson Expansion Zone included 10.1 grams per tonne gold over 5.8 meters and 10.4 grams per tonne gold over 5.6 meters, while Grey Fox South returned 4.8 grams per tonne gold over 14.9 meters and 4.4 grams per tonne gold over 6.0 meters.

The updated 3D mineralization model is expected to increase Grey Fox's current resource of 1.54 million ounces indicated at 3.64 grams per tonne gold and 458,000 ounces inferred at 3.30 grams per tonne gold. With mineralization remaining open and geological similarities to large-scale deposits like Canadian Malartic, Grey Fox continues to be central to McEwen's long-term growth strategy. This development occurs alongside ongoing development at the Stock Mine and Froome West properties, as well as exploration activities in Nevada.

These drilling results are significant for investors and the mining industry as they demonstrate the continued potential for resource expansion at a key asset. High-grade intercepts like those reported provide confidence in the geological model and support the company's valuation. The anticipated resource update in October 2025 could substantially increase the project's economic viability and attract additional investment interest in McEwen Inc.

The company maintains its newsroom at https://ibn.fm/MUX where investors can access the latest updates. McEwen Inc. provides shareholders with exposure to gold, copper, and silver through its producing mines in the United States, Canada, and Argentina, along with its advanced-stage copper development project in Argentina. The company also holds a gold and silver mine on care and maintenance in Mexico.

For the mining sector overall, successful exploration results like these reinforce the importance of continued investment in geological assessment and drilling programs. They demonstrate how systematic exploration can lead to significant resource growth even in established mining districts. The results also highlight the potential for new discoveries within existing mining complexes, which can extend mine life and improve overall project economics without the need for greenfield exploration.