NYSE:
MUX

$9.16
+0.25 +2.81% Volume: 533,751 September 19, 2024
TSX:
MUX

$12.52
+0.27 +2.2% Volume: 39,882 September 19, 2024

Resources & Reserves

Gold Resources

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MEASURED INDICATED MEASURED + INDICATED INFERRED
Au
Resources
Tonnes (000s) Au Grade (g/t) Contained Au (oz) Tonnes (000s) Au Grade (g/t) Contained Au (oz) Tonnes (000s) Au Grade (g/t) Contained Au (oz) Tonnes (000s) Au Grade (g/t) Contained Au (oz)
Canada                        
Froome Mine 378 3.88 47,000 265 3.93 34,000 643 3.90 81,000 143 3.44 16,000
Grey Fox - - - 7,566 4.80 1,168,000 7,566 4.80 1,168,000 1.685 4.35 236,000
Stock West - - - 1,938 3.31 206,000 1,938 3.31 206,000 1,386 2.96 132,000
Fuller - - - 1,149 4.25 157,000 1,149 4.25 157,000 693 3.41 76,000
Stock East - - - 1,232 2.41 95,000 1,232 2.40 95,000 21 2.32 2,000
Others 504 6.42 104,000 1,221 2.19 86,000 1,725 3.43 190,000 254 5.02 41,000
Total Canada 882 5.32 151,000 13,371 4.06 1,746,000 14,253 4.14 1,897,000 4,182 3.74 503,000
United States                        
Gold Bar Mine - - - 3,361 0.75 80,700 3,361 0.75 80,700 643 1.23 25,400
Mexico                        
Fenix Project 9,000 0.51 148,000 5,700 0.27 50,000 14,700 0.42 199,000 300 0.41 4,000
Argentina                        
San José
(MSC, 49% attributable)
113 4.14 15,100 110 2.64 9,300 223 3.40 24,400 864 5.04 140,100
Los Azules
(McEwen Copper
47.7% attributable)
- - - 589,200 0.01 220,000 589,200 0.01 220,000 2,150,900 0.03 2,020,000
TOTAL GOLD RESOURCES     314,100     2,106,000     2,421,100     2,692,500

Silver Resources

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MEASURED INDICATED MEASURED + INDICATED INFERRED
Ag Resources  Tonnes (000s) Ag Grade
(g/t)
Contained Ag (000s oz) Tonnes (000s) Ag Grade
(g/t)
Contained Ag (000s oz) Tonnes (000s) Ag Grade
(g/t)
Contained Ag (000s oz) Tonnes (000s) Ag Grade
(g/t)
Contained Ag (000s oz)
Mexico                        
Fenix Project 9,000 19 5,600 5,700 79 14,500 14,700 42 20,100 300 33 300
Argentina                        
San José
(MSC, 49%)
113 223 800 110 185 700 223 204 1,500 864 329 9,100
Los Azules (McEwen Copper
47.7% attributable)
- - - 589,200 0.25 4,800 589,200 0.25 4,800 2,150,900 1.0 71,100
TOTAL SILVER RESOURCES     6,400     20,000     26,400     80,500

Copper Resources

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MEASURED INDICATED MEASURED + INDICATED INFERRED
Cu
Resources
Tonnes (Billion) Cu Grade
(%)
Contained Cu
(Billion lbs)
Tonnes (Billion) Cu Grade
(%)
Contained Cu
(Billion lbs)
Tonnes (Billion) Cu Grade
(%)
Contained Cu
(Billion lbs)
Tonnes (Billion) Cu Grade
(%)
Contained Cu
(Billion lbs)
Argentina                        
Los Azules (McEwen Copper
47.7% attributable)
- - - 0.6 0.4 5.2 0.6 0.4 5.2 2.2 0.31 12.7

Gold Reserves

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Proven Probable Proven + Probable
Au
Reserves
Tonnes
(000s)
Au Grade
(g/t)
Contained Au
(oz)
Tonnes
(000s)
Au Grade
(g/t)
Contained Au
(oz)
Tonnes
(000s)
Au Grade
(g/t)
Contained Au
(oz)
United States                  
Gold Bar Mine - - - 4,944 1 164,000 4,944 1 164,000
Argentina                  
San José Mine (49% attributable) 288 5.1 47,000 229 5.7 42,000 517 5.4 89,000
TOTAL
    47,000     206,000     253,000

Silver Reserves

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Proven Probable Proven + Probable
Ag
Reserves 
Tonnes
(000s)
Ag Grade
(g/t)
Contained Ag
(000s oz)
Tonnes
(000s)
Ag Grade
(g/t)
Contained Ag
(000s oz)
Tonnes
(000s)
Ag Grade
(g/t)
Contained Ag
(000s oz)
Argentina                  
San José Mine (49% attributable) 288 283 2,600 229 312 2,300 517 296 4,900
Total
    2,600

2,300

4,900

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.