McEwen Mining Reports Significant High-Grade Gold Expansion at Froome Mine in Timmins

By Burstable Editorial Team

TL;DR

McEwen Mining's new high-grade drill results at Froome Mine could enhance shareholder value through potential mine life extension and improved economics starting in 2026.

McEwen Mining expanded gold mineralization by 100 meters vertically at Froome Mine using four drills, confirming mineralization remains open at depth and extending zones up to 50 meters west.

McEwen Mining's commitment to carbon neutrality by 2038 and regenerative copper mining at Los Azules demonstrates progress toward sustainable resource extraction for future generations.

McEwen Mining discovered gold mineralization remains open at depth near existing infrastructure, revealing untapped potential in the Timmins, Ontario region with strong grades.

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McEwen Mining Reports Significant High-Grade Gold Expansion at Froome Mine in Timmins

McEwen Inc. has reported new high-grade drill results from the Froome Mine at the Fox Complex in Timmins, Ontario, with four drills now active at Froome West to pursue further mineral resource expansion. The drilling has extended higher-grade gold mineralization by 100 meters vertically, representing a 45% increase since July 2025, while confirming that mineralization remains open at depth, indicating potential for further discoveries below current known zones. These results from McEwen's ongoing exploration program in the historically productive Timmins mining district represent significant developments for the company's Canadian operations.

The exploration program also expanded gold zones up to 50 meters westward and returned strong grades near existing underground infrastructure. This proximity to current mining operations supports potential mine life extension, improved economics, and additional mining flexibility beginning in 2026. The expansion of known mineralization and confirmation of open zones at depth provide important validation of the property's continued potential beyond currently defined resources.

McEwen's shares trade on both the New York Stock Exchange and Toronto Stock Exchange under the symbol "MUX," with the latest news and updates relating to the company available in its newsroom at https://ibn.fm/MUX. The company operates through a specialized communications portfolio, with more information about these services available at https://www.InvestorWire.com. Full terms of use and disclaimers applicable to all content are available at https://www.InvestorWire.com/Disclaimer.

The significance of these results lies in their timing and implications for McEwen's operational planning. With mineralization confirmed as open at depth and expanded westward, the company gains multiple vectors for resource growth that could substantially impact the Fox Complex's long-term viability. The 45% vertical expansion since July 2025 demonstrates accelerated discovery momentum at a critical juncture, while the proximity to existing infrastructure reduces potential development costs and timelines for bringing additional mineralization into production.

For investors and industry observers, these developments suggest McEwen is successfully executing its exploration strategy in one of Canada's most established gold districts. The combination of grade continuity, expansion potential, and operational synergies creates a compelling case for continued investment in the Timmins properties. As the company moves toward potential production from these expanded zones in 2026, these drill results provide important technical validation of the asset's growing value proposition within McEwen's portfolio.

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Burstable Editorial Team

Burstable Editorial Team

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