Assay Highlights: 24GF-1508: 10.2 g/t Au over 11.1 m (0.

30 opt Au over 36.4 ft) 24GF-1513: 11.2 g/t Au over 5.

8 m (0.33 opt Au over 19.0 ft) 24GF-1512: 4.

6 g/t Au over 6.6 m (0.13 opt Au over 21.

7 ft) See Assays in Figure 2 . All assay length intervals are true widths unless otherwise noted. TORONTO, Dec.

02, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide new assay results from its Grey Fox deposit, part of the Fox Complex located in the Timmins region of Ontario, Canada. Grey Fox is located in the southern part of the Black Fox property and comprises six zones, known as Gibson, Whiskey Jack, Contact, 147, 147NE and Grey Fox South (see Figure 1 ).

Highlights: High-grade drill hole results include: 10.2 grams per tonne (g/t) Au over 11.1 m at Whiskey Jack.

Geological investigations demonstrate similarities between the Grey Fox Deposit and the Hishikari Gold Mine. Potential for stacked epithermal gold-bearing veins over & adjacent to an orogenic gold system. An example of the potential for additional orogenic gold mineralization similar to the Black Fox Mine can be seen in Figures 5 and 6 .

An updated Mineral Resource estimate for the entire Fox Complex will be released in Q1 of 2025, including Grey Fox (current resource of 1.4 million Indicated and Inferred gold ounces) and Stock (current resource of 0.46 million Indicated and Inferred gold ounces) (see Table 2 ).

The Black Fox Mine was a 1-million-ounce orogenic gold producer. The Bla.