1. McEwen is advancing its Gold Bar Mine Complex for increased gold production. 2. Strong drilling results were reported in Lookout Mountain and Windfall areas. 3. Three key areas will potentially convert to long-life assets. 4. 2026 is pivotal for advancing mining operations, according to McEwen. 5. Integration aims to enhance efficiency and return on capital investments.
FAQ
Why Bullish?
Strong drilling results suggest significant resource potential at Gold Bar, aligning with positive historical trends of production increases of similar projects, such as the success seen following the integration of assets at other mining companies leading to increased market valuations.
How important is it?
The advancements at McEwen's Gold Bar Mine could significantly affect investor sentiment and future stock performance based on production growth potential.
Why Long Term?
The focus on expanding resources and improving production efficiency may positively influence MUX’s long-term value as projects at Gold Bar are developed.
McEwen Inc. Advances Gold Bar Mine Complex for Sustainable Growth
TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- McEwen Inc. (NYSE/TSX: MUX) announced significant progress at its Gold Bar Mine Complex located in the Eureka Mining District of Nevada. The Company is focusing on three strategic areas—Lookout Mountain, Windfall, and the newly identified Unity Ridge—to enhance gold resources, extend mine life, and potentially boost annual gold production. Recent drilling has yielded promising intercepts, including 1.0 grams per tonne (gpt) over 89.9 meters in drillhole LM045, highlighting the potential growth of the Gold Bar asset.
Strategic Importance for Shareholders
McEwen's objective at the Gold Bar Mine Complex emphasizes transforming exploration successes into a sustainable long-life asset. By integrating Lookout Mountain, Windfall, and Unity Ridge into its production plans, McEwen aims not only to add ounces but also to ensure a solid return on capital. The company plans to leverage existing infrastructure where possible, setting the stage for a crucial year ahead as it works to advance these areas.
1) Lookout Mountain Overview
The drilling campaign at Lookout Mountain concentrated on infilling existing deposits to convert Inferred Resources into Measured and Indicated categories. The 2025 drilling program has successfully achieved its goals. Immediate next steps include updating the resource estimate in conjunction with McEwen's year-end financials, finalizing metallurgical testing results, and continuing engineering and permitting efforts to push Lookout Mountain toward production.
Recent infill drill results from Lookout Mountain are notable:
- LM0161: 54.9 meters at 1.0 gpt
- LM0444: 39.6 meters at 0.9 gpt
- LM045: 89.9 meters at 1.0 gpt
Lookout Mountain's resource estimate indicates 423,000 ounces in the Measured and Indicated categories, further supporting its potential as a pivotal component of the MUX portfolio.
2) Windfall Development Potential
A resource estimate for Windfall is scheduled to be released next year. Drilling results indicate strong continuity of near-surface oxide gold mineralization, particularly along a 1.6-kilometer section of the Windfall fault zone. The expansion potential of this mineralization is promising.
Key recent assay results from Windfall include:
- WF052: 27.4 meters at 3.1 gpt
- WF055: 26.7 meters at 4.6 gpt
- WF056: 26.0 meters at 3.7 gpt
Looking forward to 2026, McEwen plans to focus on the higher-grade areas of Windfall while also conducting metallurgical studies to expedite the permitting process, particularly since Windfall is situated on private land.
3) Unity Ridge Exploration
Located within the Gold Bar Mine's boundaries, Unity Ridge presents an opportunity to consolidate and expand three open pits into one larger mining zone. The drilling results from Unity Ridge have shown promising oxide gold mineralization:
- GB660: 48.8 meters at 3.6 gpt
- GB672: 32.0 meters at 1.6 gpt
- GB755: 19.8 meters at 3.6 gpt
The focus in 2026 will be to validate the quality of gold associated with historical drilling and expand known mineralization. Unity Ridge's inclusion in the ongoing Plan of Operations could facilitate an expedited permitting process.
About McEwen Inc. (MUX)
McEwen Inc. trades on both the NYSE and TSX under the ticker MUX. The Company is dedicated to providing its shareholders with valuable exposure to gold and silver production across the Americas, alongside an advanced copper development project, the Los Azules project. This comprehensive portfolio is enriched by McEwen's substantial personal investment of over US$200 million, showcasing alignment with shareholder interests.
For further technical details and drill results from the Gold Bar Mine Complex, visit McEwen's official website.