Copper $ 3.28 -0.10 -2.87% Volume: May 23, 2013
Silver $ 22.34 +0.04 +0.18% Volume: May 23, 2013
Gold $ 1,380.30 +10.13 +0.74% Volume: May 23, 2013
TSX: MUX $ 2.36 -0.05 -2.08% Volume: 92,614 May 23, 2013
NYSE: MUX $ 2.29 -0.04 -1.8% Volume: 1,185,601 May 23, 2013
1,380.30 +10.13 +0.74% Volume: Pricing delayed 20 minutes May 23, 2013 11:41 AM
Operations
Email Address *


Operations

Gold Resources


Measured  Indicated Measured + Indicated Inferred
43-101 Gold Resources  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces 
Argentina                        
San José (49%)
(incl. Reserves)
0.6 8.15 165,522 1.5 6.56 320,166 2.1 7.03 485,688 1.0 7.37 243,726
Los Azules  
  389 0.07 840,000 389 0.07 840,000 1,397 0.06 2,580,000
 Mexico                        
 El Gallo Complex
 28.3 0.46
414,551
6.1
0.78
151,958
34.4
0.51
566,508
27.6
0.31
271,081
Nevada      
 
           
Tonkin 17.5 1.44 820,000 14.7 1.34 627,000 32.3 1.39 1,447,000 8.4 1.13 311,000
Gold Bar (incl. Reserves) 0.7 1.19 25,844 18.8 0.94 567,084 19.5 0.95 592,928 7.0 0.94 212,168
New Pass (50%) 4.9 0.97 155,500 0.1 0.59 1,450 5.0 0.97 156,950      
Limo 5.9 0.89 168,350 3.7 0.61 72,730 9.6 0.78 241,080 2.2 0.70 50,700
                         
TOTAL     1,733,695     2,621,842     4,355,536     3,576,359

Silver Resources


Measured  Indicated Measured + Indicated Inferred
43-101 Silver Resources  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces 
Argentina      
 
     
   
San José (49%)
(incl. Reserves)
0.6 559 11,353,300 1.5 453 22,108,800 2.1 484 33,462,100 1.0 476 15,738,800
Los Azules       389 1.8 22,900,000 389 1.8 22,900,000 1397 1.9 85,800,000
Mexico
     
 
     
   
 El Gallo Complex
 21.4  71.1 48,775,687
2.6
51.3
4,333,215
 24.0 68.9
53,108,902
 27.4 35.1
30,962,048
Nevada
                       
New Pass (50%) 4.9 8 1,319,500 0.1 3 6,700 5.0 8 1,326,200      
       
 
           
TOTAL     60,287,187     50,652,115     110,939,302     127,679,248

Copper Resources


Measured  Indicated Measured + Indicated Inferred
43-101 Copper Resources  Tonnes (millions) % Copper Pounds  Tonnes (millions) % Copper Pounds (millions) Tonnes (millions) % Copper Pounds  Tonnes (millions) % Copper Pounds 
Argentina           
 
     
   
Los Azules       389 0.63 5,400 389 0.63 5,400 1397 0.46 14,300

                       
TOTAL           5,400     5,400     14,300

Gold Reserves

  Proven Probable Proven + Probable
43-101 Gold Reserves  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces 
Nevada                  
Gold Bar       15.1 1.00 484,379 15.1 1.00 484,379
Argentina                  
San José (49%) 0.4 6.73 88,004 0.5 6.19 91,875 0.9 6.44 179,879
 Mexico                  
 El Gallo Complex
 11.2  0.125  44,816  0.5  0.075  1,286  11.7  0.123  46,102
                   
TOTAL     133,506
    565,535     699,041

Silver Reserves


Proven Probable Proven + Probable
43-101 Silver Reserves  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces  Tonnes (millions) Grams per tonne Ounces 
Argentina                  
San José (49%) 0.4 470 6,144,600 0.5 471 6,987,400 0.9 470 13,132,000
 Mexico                  
 El Gallo Complex
11.2
 101 36,336,000
 0.5  107.2  1,840,000 11.7
101.3
 38,176,000
                   
 TOTAL      42,358,100     6,725,300     49,083,400

San José resources and reserves estimates on this page were derived from the news release titled “McEwen Mining Announces Record Resource Estimate at the San José Mine in Argentina” released on March 18, 2013 by McEwen Mining. To access the news release click here.

Los Azules resource estimates on this page were derived from the news release titled “McEwen Mining's Los Azules Copper Project Continues to Grow!” released on May 15, 2013 by McEwen Mining. To access the news release click here.

 

The El Gallo resource estimates on this page were derived from the report titled "Resource Estimate for the El Gallo Complex, Sinaloa State, Mexico" with an effective date of June 5, 2012. The report was prepared by Brian Hartman P.Geo and Richard J. Kehmeier, CPG of Pincock, Allen and Holt, each considered independent of the Company as defined in Section 1.5 of NI 43-101. All other resources were prepared by John Read CPG, Senior Geological Consultant to McEwen Mining. To access the report click here.

 

Gold Bar technical information on this page was derived from the technical report titled “NI 43-101 Technical Report on Resources and Reserves Gold Bar Project, Eureka County, Nevada” dated February 24, 2012 with an effective date of November 28, 2011, prepared by J. Pennington, C.P.G., MSc., Frank Daviess, MAusIMM, Registered SME, Eric Olin,, MBA, RM-SME, MSc, Herb Osborn, P.E, Joanna Poeck, MMSA, B. Eng., Kent Hartley P.E. Mining, SME, BSc, Mike Levy, P.E, P.G, MSc., Evan Nikirk, P. E., Mark Allan Willow, M.Sc, C.E.M. and Neal Rigby, CEng, MIMMM, PhD, all of whom are qualified persons and all of whom are independent of McEwen Mining, each asdefined by NI 43-101. To access the report click here.

 

Tonkin resource estimates on this page were derived from a report titled "Technical Report on the Tonkin Project" with an effective date of May 16, 2008 prepared by Alan C. Noble, P.E., Ore Reserves Engineering, Richard Gowans, Micon International and Steven Brown, US Gold Corporation. Mr. Noble and Mr. Gowans are independent of US Gold Corporation and a Qualified Person as defined by NI 43-101. To access the report click here.

 

Limo resource estimates on this page were derived from a report titled "NI 43-101 Technical Report for the Limousine Butte Project, White Pine County, Nevada" with an effective date of July 1, 2009 prepared by John Welsh, P. Eng., Kim Drossulis, Senior Engineer, Jonathan Brown, M.B.A., C.P.G., Doug Willis, Geologist, Christine Ballard, Project Geotechnical Engineer, Eric Haddox, P. Eng. Each of the report authors is independent of US Gold Corporation and a Qualified Person as defined by NI 43-101.

All resource and reserve estimates reported by McEwen Mining Inc. are calculated in accordance with 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.


Reserves and Resources

Subscribe to Our Mailing List

Email Address *


   /   Designed by Baustein Strategic Design Group Inc.