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New High-Grade Gold Zone at Windfall Project
McEwen MiningMcEwen Mining(US:MUX) Globenewswireยท2025-09-03 10:00

Core Insights - McEwen Inc. announced positive results from its 2025 drilling program at the Windfall Project in Nevada, indicating continuous gold mineralization and the discovery of a new fault zone with high grades of gold, silver, and base metals [1][2][9] Drilling Results - The drilling program revealed a gold equivalent grade of 62.5 g/t (1.82 oz/T) [2] - Drill hole WF033 encountered high-grade mineralization with 8.1 g/t (0.24 oz/T) gold over 8.7 meters (28.4 ft), including 50.3 g/t (1.47 oz/T) gold and 782 g/t (22.83 oz/T) silver over 1.3 meters (4.2 ft) [8][20] - Other notable results include 2.0 g/t (0.06 oz/T) gold over 38.3 meters (125.5 ft) from WF032 and 1.2 g/t (0.04 oz/T) gold over 17.1 meters (56.0 ft) from WF031 [8][20] Future Plans - The company plans to publish a resource estimate by year-end, test mineralization extensions, collect samples for metallurgical testing, and explore new targets near the project [9] - The Windfall area is situated on private land, which may expedite permitting processes [9] Company Overview - McEwen Inc. provides exposure to gold, silver, and copper through operations in the USA, Canada, and Argentina, with a flagship project, Los Azules, aiming to become a regenerative copper mine by 2038 [5][6] - Chairman Rob McEwen has personally invested over US$200 million and takes a salary of $1 per year, aligning his interests with shareholders [6]