Also shown is the postulated shallow plunge (to the South-West) for the Stock West deposit. This intercept is also significant since it could represent part of a potential new zone at Stock West.Īrea C: Expanding Stock West up and down plungeĪrea B: Lower portion of the Stock Mine Extension Trendįigure 1: Longitudinal section (looking North) extending from Stock West to East of the historical Stock Mine headframe three key areas are highlighted with recent drill results.įigure 2: Area A – Longitudinal section (looking North) profiling the upper East portion of the historical Stock Mine.įigure 3: Area B – Longitudinal section (looking North) showing the potential mineralized areas at Stock Main.įigure 4: Area C – Longitudinal section (looking North) showing the outline (in red) of the PEA resource for Stock West. One hole returned 5.7 g/t Au over 5.9 m and appears to be open up-plunge, northeast of the current resource. Two additional holes were drilled to test a favorable hanging wall zone to Stock West. These results indicate that the current resource for Stock West could grow. In this area there are currently three additional holes with visible gold and assays pending. Figure 4 highlights encouraging results of 6.3 g/t Au over 5.4 m within a broader zone of 3.2 g/t Au over 13.9 m. Some exploration drill holes were designed to test the southwest plunge component. The focus for the Stock West drilling campaign at the end of 2022 and beginning of 2023 (see Figure 1 & 4 – Area C) was to convert Inferred mineral resources to Indicated classification. Drillhole S21-202 (released December 21 st, 2021) returned 4.3 g/t Au over 20.3 m, with limited drilling between this intersection and the other three drill hole intersections shown. The new results include 4.5 g/t Au over 6.5 m within a broader intersection of 3.3 g/t Au over 15.6 m.
These lenses could represent early mining horizons as we drive a ramp from surface down to Stock West. Article contentĭrill holes were also completed in the lower portion of the Stock Mine Extension Trend (see Figures 1 & 3 – Area B), where recent deeper drilling was designed to expand lenses of mineralization in proximity to the Stock Mine. This advertisement has not loaded yet, but your article continues below. This area has the advantages of being located right beside our Stock Mill, near surface, and with good grades averaging 5 g/t Au. Figure 2 shows new shallow drilling results in Area A are within the Stock Mine Extension Trend and are favorably located close to the proposed Stock West ramp.
Results from eight near surface holes close to high-grade intersections in hole SM22-110 (December 19 th, 2022 press release) that included 264.5 g/t gold (Au) over 2.7 meters (m) returned attractive grades up to 18.9 g/t Au over 9.4 m (see Table 1 – Area A). (NYSE: MUX) (TSX: MUX) is pleased to report assay results from three zones at the Stock Property, part of the Fox Complex near Timmins (see Figure 1 – Areas A, B & C). TORONTO, (GLOBE NEWSWIRE) - McEwen Mining Inc. The next issue of Financial Post Top Stories will soon be in your inbox. If you don't see it, please check your junk folder.
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