McEwen Inc. (NYSE: MUX) (TSX: MUX) has announced the filing of an independent National Instrument 43-101 technical report for its Tartan Mine Project in Manitoba, Canada. The report, prepared in accordance with regulatory standards, supports the previously disclosed mineral resource estimate with an effective date of December 31, 2025. According to the filing, the Tartan Mine hosts indicated resources of 308,900 ounces of gold and inferred resources of 302,700 ounces of gold, underscoring the project's contribution to McEwen's growing gold production base.
The technical report provides detailed geological modeling and resource classification, which are critical for advancing the project toward potential development. McEwen's portfolio includes gold and silver operations in prolific mining regions, including the Cortez Trend in Nevada, the Timmins district in Ontario, Flin Flon in Manitoba, and the Deseado Massif in Argentina. The company is also reactivating its El Gallo gold-silver mine in Mexico. Beyond precious metals, McEwen holds a 46.3% interest in McEwen Copper, which owns the advanced-stage Los Azules copper project in Argentina. The Los Azules project is designed to be one of the world's first regenerative copper mines and aims for carbon neutrality by 2038, with feasibility study results announced in October 2025.
McEwen's strategic diversification extends to technology through a 27.3% stake in Paragon Advanced Labs Inc., a company deploying PhotonAssay units globally—a technology poised to become a new industry standard for assaying precious and base metals. Chairman and Chief Owner Rob McEwen has personally invested over US$250 million in the company and takes a salary of $1 per year, aligning his interests with shareholders. He is a recipient of the Order of Canada, a member of the Canadian Mining Hall of Fame, and an EY Entrepreneur of the Year award winner. His stated objective is to build MUX's profitability, share value, and ultimately implement a dividend policy, mirroring his success at Goldcorp Inc.
The filing of the Tartan Mine technical report is a key step in advancing McEwen's gold assets, providing investors with verified resource data. The company's shares trade on the NYSE and TSX under the ticker MUX. For more information, visit the company's newsroom at https://ibn.fm/MUX.
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