NYSE:
MUX

$12.06
+0.02 +0.17% Volume: 235,400 May 30, 2024
TSX:
MUX

$16.47
-0.04 -0.24% Volume: 10,183 May 30, 2024

Resources & Reserves

Gold Resources

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MEASURED INDICATED MEASURED + INDICATED INFERRED
Au
Resources
Tonnes (000s) Au Grade (g/t) Contained Au (000s oz) Tonnes (000s) Au Grade (g/t) Contained Au (000s oz) Tonnes (millions) Au Grade (g/t) Contained Au (000s oz) Tonnes (millions) Au Grade (g/t) Contained Au (000s oz)
Canada                        
Froome Mine 378 3.88 47 265 3.93 34 643 3.90 81 143 3.44 16
Grey Fox - - - 7,566 4.80 1,168 7,566 4.80 1,168 1.685 4.35 236
Stock West - - - 1,938 3.31 206 1,938 3.31 206 1,386 2.96 132
Fuller - - - 1,149 4.25 157 1,149 4.25 157 693 3.41 76
Stock East - - - 1,232 2.41 95 1,232 2.40 95 21 2.32 2
Others 504 6.42 104 1,221 2.19 86 1,725 3.43 190 254 5.02 41
Total Canada 882 5.32 151 13,371 4.06 1,746 14,253 4.14 1,897 4,182 3.74 503
United States                        
Gold Bar Mine - - - 3,361 0.75 80.7 3,361 0.75 80.7 643 1.23 25.4
Mexico                        
Fenix Project 9,000 0.51 148 5,700 0.27 50 14,700 0.42 199 300 0.41 4
Argentina                        
San José
(MSC, 49% attributable)
113 4.14 15.1 110 2.64 9.3 223 3.40 24.4 864 5.04 140.1
Los Azules
(McEwen Copper
47.7% attributable)
- - - 589,200 0.01 220 589,200 0.01 220 2,150,900 0.03 2,020
TOTAL GOLD RESOURCES     314.1     2,106     2,421.1     2,692.5

Silver Resources

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MEASURED INDICATED MEASURED + INDICATED INFERRED
Ag Resources  Tonnes (000s) Ag Grade
(g/t)
Contained Ag (Moz) Tonnes (000s) Grams per tonne Contained Ag (Moz) Tonnes (000s) Ag Grade
(g/t)
Contained Ag (Moz) Tonnes (000s) Ag Grade
(g/t)
Contained Ag (Moz)
Mexico                        
Fenix Project 9,000 19 5.6 5,700 79 14.5 14,700 42 20.1 300 33 0.3
Argentina                        
San José
(MSC, 49%)
113 223 0.8 110 185 0.7 223 204 1.5 864 329 9.1
Los Azules (McEwen Copper
47.7% attributable)
- - - 589,200 0.25 4.8 589,200 0.25 4.8 2,150,900 1.0 71.1
TOTAL SILVER RESOURCES     6.3     20     26.3     80.5

Copper Resources

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MEASURED INDICATED MEASURED + INDICATED INFERRED
Cu
Resources
Tonnes
(000s)
Cu Grade
(%)
Contained Cu
(Billion lbs)
Tonnes
(000s)
Cu Grade
(%)
Contained Cu
(Billion lbs)
Tonnes
(000s)
Cu Grade
(%)
Contained Cu
(Billion lbs)
Tonnes
(000s)
Cu Grade
(%)
Contained Cu
(Billion lbs)
Argentina                        
Los Azules (McEwen Copper
47.7% attributable)
- - - 589,200 0.4 5.2 589,200 0.4 5.2 2,150,900 0.31 12.7

Gold Reserves

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Proven Probable Proven + Probable
Au
Reserves
Tonnes
(kt)
Gold
(g/t)
Gold (koz) Tonnes
(kt)
Gold
(g/t)
Gold (koz) Tonnes
(kt)
Gold
(g/t)
Gold (koz)
United States                  
Gold Bar Mine - - - 4,944 1 164 4,944 1 164
Argentina                  
San José Mine (49% attributable) 288 5.1 47 229 5.7 42 517 5.4 89
TOTAL
    47     206     253

Silver Reserves

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Proven Probable Proven + Probable
Ag
Reserves 
Tonnes
(kt)
Ag Grade
(g/t)
Ag (Moz) Tonnes
(kt)
Ag Grade
(g/t)
Ag (Moz) Tonnes
(kt)
Ag Grade
(g/t)
Ag (Moz)
Argentina                  
San José Mine (49% attributable) 288 283 2.6 229 312 2.3 517 296 4.9
Total
    2.6

2.3

4.9

Notes to the 2023 Mineral Reserves and Resource Tables

Resources presented here are exclusive of Reserves.

Resources and Reserves have been prepared in accordance with the Regulation S-K 1300 requirements of the SEC, according to McEwen Mining's ownership or economic interest as of December 31, 2023. For complete details please see McEwen Mining's 2023 10-K Report.

Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that any part of the mineral resources estimated will be converted into a mineral reserve estimate. The numbers in the tables have been rounded to reflect the accuracy of the estimates and may not sum due to rounding. The inferred mineral resource in these estimates has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve. It is reasonably expected that the majority of the inferred mineral resource could be upgraded to an indicated mineral resource with continued exploration.