McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on the most recent assay results from its Los Azules project; the announcement noted that an ongoing infill drilling program to delineate copper mineralization in the core of the deposit continues at the project. Highlights of the report show hole AZ22182A intercepted an enriched zone of 231 m of 0.97% Cu and a primary zone with mineralization that remains “open” at depth, while hole AZ23196 exhibited an overall intercept of 550 m of 0.50% Cu, including 216 mof 0.72% Cu within the Enriched zone portion. In addition, the company noted that drilling completed for the current season thus far totals 32,758 m in 125 holes, surpassing the 25,000 meters that was initially planned. Drilling at the project will continue through May before stopping for the winter, with plans to resume in October. “It is remarkable to think that 30% of the total number of meters drilled into our Los Azules deposit were completed in the past seven months,” said McEwen Cooper vice president and general manager Michael Meding in the press release. “It’s a credit to our dedicated team from San Juan.”
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About McEwen Mining Inc.
McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company has large exposure to copper through its 52% ownership of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and extend the life of its mines with the objective of increasing its share value and price and providing a yield. McEwen’s chair and chief owner has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.
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