Copper $ 3.04 +0.01 +0.26% Volume: November 21, 2014
Silver $ 16.44 +0.16 +0.98% Volume: November 21, 2014
Gold $ 1,201.42 +6.75 +0.57% Volume: November 21, 2014
TSX: MUX $ 1.63 -0.09 -5.23% Volume: 203,260 November 21, 2014
NYSE: MUX $ 1.46 -0.06 -3.95% Volume: 4,029,308 November 21, 2014
1,201.42 +6.75 +0.57% Volume: Pricing delayed 20 minutes November 21, 2014 6:55 PM
Operations
Operations

El Gallo – Mexico

El Gallo 1 Gold Resources

  Tonnes
(millions)
Grams per tonne Ounces
Measured 10.2 1.62 533,622
Indicated 3.7 1.33 157,901
Measured and Indicated 13.9 1.54 691,523
Inferred 0.4 0.85 11,933

El Gallo 2 Silver Resources

  Tonnes
(millions)
Grams per tonne Ounces
Measured 25.0 66.90 53,778,258
Indicated  9.3 33.92 10,102,713
Measured + Indicated 34.3 57.99 63,880,971
 Inferred  8.5 52.72   14,481,713

El Gallo 2 Gold Resources

  Tonnes
(millions)
Grams per tonne Ounces
Measured 25.0 0.10 78,689
Indicated 9.3 0.41 123,058
Measured + Indicated 34.3 0.18 201,748
 Inferred 8.5   0.24 66,547 

The El Gallo 1 resource estimates on this page were derived from the news release titled "McEwen Mining Announces Measured & Indicated Resources Grew by 38% at El Gallo 1 Mine in Mexico" released on July 17, 2013 by McEwen Mining. To access the news release click here.

The El Gallo 2 resource estimates on this page were derived from the news release titled "McEwen Mining Announces Updated El Gallo 2 Resource Estimate" released on August 7, 2013 by McEwen Mining. To access the news release click here. 

For additional information about the El Gallo mine please see the technical report titled "Resource Estimate for the El Gallo Complex, Sinaloa State, Mexico" dated August 30, 2013 with an effective date of June 30, 2013, prepared by John Read, C.P.G., and Luke Willis, P. Geo. Both Mr. Read and Mr. Willis are not considered independent of the Company as defined in Section 1.5 of NI 43-101. To access the report click here.

Cautionary Notes
McEwen Mining reports its resource estimates in accordance with standards of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in Canadian National Instrument 43-101 ("NI 43-101"). These standards are different from the standards generally permitted in reports filed with the SEC. Under NI 43-101, McEwen Mining reports measured, indicated and inferred resources, measurements which are generally not permitted in filings made with the SEC. According to Canadian NI 43-101 criteria, the estimation of measured resources and indicated resources involve greater uncertainty as to their economic feasibility than the estimation of proven and probable reserves. Under SEC Industry Guide 7 criteria, measured, indicated and inferred resources are considered Mineralized Material. The SEC considers that in addition to greater uncertainty as to the economic feasibility of Mineralized Material compared to proven and probable reserves, there is also greater uncertainty as to the existence of Mineralized Material. U.S. investors are cautioned not to assume that measured or indicated resources will be converted into economically mineable reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than  the estimation of other categories of resources. 

Mineral resources which are not mineral reserves do not have demonstrated economic viability.

This website contains certain forward-looking statements and information and investors are encouraged to review our "Cautionary Note Regarding Forward Looking Statement". 

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