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Home/Operations/Resources & Reserves

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 - - - 866 2.70 75,000 866 2.70 75,000 579 2.66 50,000
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 5.33 151,000 13,005 4.13 1,726,000 13,887 4.20 1,877,000 4,740 3.61 551,000
United States                        
Gold Bar Mine - - - 3,361 0.75 80,700 3,361 0.75 80,700 643 1.23 25,400
Timberline 2,318 1.23 93,000 21,105 0.48 330,000 23,420 0.58 423,000 6,642 0.38 84,000
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
46.4% attributable)		 - - - 135,070 0.05 213,400 135,070 0.05 213,400 1,769,510 0.04 1,967,400
TOTAL GOLD RESOURCES     407,100     2,409,400     2,817,500     2,771,900

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
46.4% attributable)		 - - - 135,070 1.1 4,600 135,070 1.1 4,600 1,769,510 1.2 69,200
TOTAL SILVER RESOURCES     6,400     19,800     26,200     78,600

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
46.4% attributable)		 - - - 0.6 0.4 5.1 0.6 0.4 5.1 2.1 0.31 12.4

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 Resources and Reserves from December 31, 2023 (for details please see the 2023 10-K Report). Resource estimates were further updated as of the press release for the Fox Complex dated June 20, 2024, as of the acquisition of Timberline Resources announced on August 19, 2024, and as of the Company's interest in McEwen Copper as of October 24, 2024.

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