McEwen Mining reports a major increase in gold resources at Grey Fox, near its Black Fox Mine in Canada.
McEwen Mining reported a significant boost in gold resources at its Grey Fox deposit, increasing Indicated Resources by 32% to 1,538,000 ounces and Inferred Resources by 95% to 458,000 ounces. The growth stems from successful exploration drilling, higher gold prices, and favorable exchange rates. The deposit, near McEwen's Black Fox Mine in Ontario, Canada, is expected to extend the mine's life and increase production.
2 months ago
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