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McEwen Mining Inc.
Summary
| Project: | Black Fox | |
|---|---|---|
| Deposit: | Black Fox | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 5-4-2018: McEwen Mining Inc. announces a Resource Estimation report for its Black Fox deposit at the Black Fox project. Technical report and updated resource estimate in support of acquisition of mine. The Black Fox Complex is located in the Beatty and Hi | |
| Resources: | (Reserve, Prob): 395Kt @ 8.88g/t Au for 113Koz Au contained | |
| CP/QP: | [Resources]: Aleksandr Mitrofanov, David Machucha (SRK Consulting (Canada) Inc.) | |
| ABSTRACT: | The Black Fox Complex is located in the Beatty and Hislop townships, approximately 10 kilometres from Matheson and 65 kilometres east of the city of Timmins in the Province of Ontario, Canada. McEwen Mining Inc. (McEwen Mining) holds a 100 percent interest in the Black Fox Complex which it acquired on October 6, 2017 from the previous owner, Primero Mining Corp. (Primero). McEwen Mining is a Toronto-based mining company focused on the operation, development, exploration and acquisition of precious metal projects. It is listed on the New York and Toronto Stock Exchanges under the ticker symbol MUX. McEwen Mining is a precious metals producer with three mining operations and four exploration / development projects located in Canada, United States, Mexico and Argentina. In December 2017, McEwen Mining commissioned SRK Consulting (Canada) Inc. (SRK) to provide technical support for the generation of mineral resources and mineral reserves and for the preparation of a technical report following the guidelines of Canadian Securities Administrators’ National Instrument 43-101 (NI 43- 101) for the Black Fox Complex. The technical report was undertaken to satisfy certain NI43-101 requirements following the acquisition of the Black Fox Complex by McEwen Mining from Primero. The Black Fox Complex, comprises the operational underground Black Fox Mine, the adjacent advanced Grey Fox and Froome exploration projects, and the Black Fox Mill located on the nearby Stock property | |
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