36.0 g/t Gold Over 10.0 Meters - Froome Mine Life Extended With Discovery of New High-Grade Mineralization

Core Insights - McEwen Inc. has announced the discovery of high-grade mineralization approximately 200 meters west of the Froome Mine, which is expected to extend mining operations at the Froome site [1][15][16] Exploration and Drilling Results - The Froome West mineralization consists of several sub-vertical, stacked mineralized lenses, with a high-grade trend approximately 15 to 25 meters wide, remaining open to the west and at depth [3][4][16] - Significant drill results include Hole 25PR-G424, which returned 36.0 g/t gold over 10.0 meters, including 160.0 g/t gold over 2.2 meters [8][10] - The exploration program will continue to drill deeper and laterally to evaluate broader regional mineralization trends [4][9] Mining Infrastructure - Development of mining infrastructure on four levels is already underway at Froome West, extending from the existing Froome Mine operations [9][11] - Future mining activities will utilize the existing infrastructure from the Froome Mine, enhancing operational efficiency [5][9] Historical Context - The Froome West mineralization is similar to the Black Fox deposit, which has historically produced approximately 1.1 million gold ounces [4][16] - The nearby Black Fox Mine has a history of mining extending down to 800 meters below surface, indicating the potential for significant mineralization at Froome West [16] Future Outlook - The discovery at Froome West is expected to provide more options in the mine plan for the Fox Complex, with the Stock Mine anticipated to enter commercial production in 2026 [15][16] - The current mineralization model extends to a depth of 250 meters and remains open, suggesting potential for further discoveries [16]