308,900 oz Indicated and 302,700 oz InferredRecent Drilling Points to Potential ExpansionDevelopment Plans Update TORONTO, March 23, 2026 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) (“McEwen” or the “Company”) is pleased to report its Mineral Resource Estimate for the Tartan Mine Project, located in Flin Flon, Manitoba. The Mineral Resource Estimate outlines 308,900 Indicated gold ounces and 302,700 Inferred gold ounces (calculated using a gold price of US$3,000 per ounce), with good potential to increa ...

Core Viewpoint - McEwen Inc. is set to hold a conference call on March 12, 2026, to discuss its Q4 and year-end 2025 financial results and project developments, allowing for direct questions from participants [1][2]. Company Overview - McEwen Inc. trades on both the NYSE and TSX under the ticker MUX [3]. - The company provides shareholders with exposure to a growing base of gold and silver production, alongside a significant copper development project in the Americas [4]. Project Developments - McEwen has a 46.3% interest in McEwen Copper, which owns the Los Azules copper development project in Argentina, valued at approximately US$456 million [5]. - The Los Azules project aims to be one of the world's first regenerative copper mines and is projected to be carbon neutral by 2038 [5]. - The feasibility study results for the Los Azules project were announced on October 7, 2025 [5]. Recent Investments - McEwen recently acquired a 27.3% stake in Paragon Advanced Labs Inc., which is deploying PhotonAssay™ technology for assaying precious and base metals [6]. Leadership and Strategy - Chairman Rob McEwen has personally invested over US$250 million in the company and takes a nominal salary of $1 per year, aligning his interests with those of shareholders [7]. - The objective is to enhance profitability and share value, with plans to implement a dividend policy similar to that of Goldcorp Inc. [7].

Core Viewpoint - McEwen Inc. and Canadian Gold Corp. have successfully completed a business combination, enhancing McEwen's position in the gold mining sector and providing Canadian Gold shareholders with McEwen shares as part of the arrangement [1][2]. Business Combination Details - The business combination was approved by Canadian Gold shareholders on December 5, 2025, and received final court approval on December 10, 2025 [1]. - The arrangement became effective on January 5, 2026, with Canadian Gold shareholders receiving 0.0225 McEwen shares for each Canadian Gold share held [2]. Delisting and Reporting Changes - Canadian Gold shares are set to be delisted from the TSX Venture Exchange after market close on January 7, 2026, and the company will apply to cease being a reporting issuer [3]. Management Statements - Rob McEwen, Chairman and Chief Owner, expressed optimism about the exploration and development potential of the Tartan project, aiming to enhance shareholder value [4]. - Immediate priorities include accelerating exploration, initiating mine plan engineering, and advancing production permitting [4]. Amending Agreement - An amending agreement was established to address NYSE requirements, affecting only Rob McEwen's shares, which will now be exchanged for subscription receipts instead of McEwen shares [5][6]. - If shareholder approval is not obtained for the subscription receipts, McEwen will provide cash as consideration [6]. Shareholder Information - Canadian Gold shareholders must deposit their share certificates to receive McEwen shares, with instructions provided in the information circular dated October 30, 2025 [9][10]. Company Overview - McEwen operates in gold and silver production across the Americas, with significant projects in Nevada, Ontario, and Argentina, and is reactivating its El Gallo mine in Mexico [12]. - The company holds a 46.4% interest in McEwen Copper, which is developing the Los Azules copper project, valued at approximately US$456 million [13]. - The Los Azules project aims to be a regenerative copper mine and achieve carbon neutrality by 2038 [14].