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News Breaks | | | | January 17, 2013 | | 08:11 EDT |  | MUX | McEwen announces significant potential in Los Azules Copper project
McEwen Mining announced that its exploration efforts at the Los Azules Copper Project in San Juan Province, Argentina, continues to show significant potential to increase the size of the resource. The first ten drill holes completed and assayed have been successful in extending the mineralization both laterally to the east and to depth. In addition, the drilling appears to have identified a parallel mineralized trend to the southwest of the main part of the existing resource. | |
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News For MUX From The Last 14 Days Check below for free stories on MUX the last two weeks. |
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| May 16, 2013 | | 08:11 EDT | | MUX | McEwen Mining plans to expand production at El Gallo 1 Mine in Mexico
McEwen Mining announced that the company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The company expects this expansion will significantly increase gold production for a small amount of capital. El Gallo 1 mine to be increased from 3,000 to approximately 4,500 tonnes of ore per day. This, along with improvements in ore grade, would increase gold production from an estimated 27,300 ounces in 2013 to approximately 37,500 ounces in 2014 and 75,000 ounces in 2015. Initial capital cost estimated at approximately $5M. No need for debt or equity financing. Growth to be financed internally. El Gallo 2 Alternative: Evaluating potential to ship ore from El Gallo 2 to El Gallo 1, using current heap leaching facilities. Review will focus on silver recoveries -- early column tests returned between 45-62% silver -- and crushing/processing costs. If successful, this would eliminate approximately $170M in CapEx. | | | May 10, 2013 | | 09:00 EDT |  | MUX | McEwen Mining falls 5.7%
 Subscribe for More Information | | | May 9, 2013 | | 07:58 EDT | | MUX | McEwen Mining says Q1 gold equivalent production increased 31%
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