HomeMarket NewsMiningExploring Golden Depths: McEwen Strikes Gold with Stock Gold Mine Drill Results

Exploring Golden Depths: McEwen Strikes Gold with Stock Gold Mine Drill Results

Daily Market Recaps (no fluff)

always free

Unveiling the Riches of Stock East Zone

Recent assays from the Stock East zone at the McEwen Mining site have unveiled a potential new source of near-term production. The drilling results have revealed some true width highlights that promise a glittering future:

  • Hole SEZ24-86: 121.5 g/t gold over 0.4 meters
  • Hole SEZ24-84: 6.5 g/t gold over 10.2 meters
  • Hole SEZ24-88: 4.5 g/t gold over 10.4 meters

The infill drilling conducted at Stock East zone has intersected mineable widths and grades, offering a glimpse into a prosperous horizon. Further, the drilling has pinpointed the direction of two plunges at Stock East, paving the way for deeper exploration.

The Strategic Bounty of Stock East Zone

Located at a strategic juncture for McEwen Mining, the Stock East zone holds immense promise for future endeavours. Situated in proximity to the Nighthawk Lake fault’s splay point, known to harbor significant gold mineralization, Stock East stands as a beacon of opportunity. Merely 700 meters east of the operational Fox mill and boasting shallow depths, Stock East presents itself as a cost-effective and quickly exploitable gold mine. The ongoing drill program seeks to elevate the level of inferred mineralization to the indicated category while honing in on the high-grade areas within the zone.

Shining Through: McEwen’s 2023 Production Figures

In 2023, McEwen Mining triumphed, producing 128,650 ounces of gold along with 2.2 million ounces of silver, representing a total of 37,280 gold equivalent ounces. Of this impressive output, the Fox complex contributed 9,870 gold equivalent ounces, thereby stamping its mark as a vital asset within the McEwen portfolio.

Do you want a daily market summary with no fluff?

Simple Straightforward Daily Stock Market Recaps Sent for free,every single trading day: Read Now

Explore More

Simple Straightforward Daily Stock Market Recaps

Get institutional-level analysis to take your trading to the next level, sign up for free and become apart of the community.