McEwen Inc. Reports High-Grade Gold Results at Grey Fox Ahead of 2025 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 demonstrate the project's significant potential for expansion, with mineralization remaining open and showing geological similarities to large-scale deposits like Canadian Malartic.

The Gibson Expansion Zone yielded impressive results including 10.1 grams per tonne gold over 5.8 meters and 10.4 grams per tonne gold over 5.6 meters. Meanwhile, 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. These high-grade intercepts suggest the project'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 could see substantial increases in the upcoming resource update.

The updated 3D mineralization model is expected to enhance understanding of the deposit's geometry and continuity, potentially leading to improved resource classification and mine planning. Grey Fox remains central to McEwen's long-term growth strategy, alongside development at the Stock Mine and Froome West properties, as well as exploration activities in Nevada. The company's diversified portfolio includes producing mines in the USA, Canada, and Argentina, along with its advanced-stage Los Azules copper development project in Argentina.

For investors seeking additional information, the company maintains a comprehensive newsroom with the latest updates. The significance of these results extends beyond immediate resource growth, as they reinforce McEwen's position in the competitive mining sector and demonstrate the ongoing potential of the Fox Complex to contribute meaningfully to the company's production profile and shareholder value creation objectives.