Announce Shareholder Update June 2012
New York, June 23, 2012 AEST (ABN Newswire) - McEwen Mining (
NYSE:MUX) Announce Shareholder Update June 2012 with the El Gallo Complex development update and the McEwen Mining community story. Construction of Phase One at El Gallo is nearing completion and gold production is to commence on time and budget, in Third Quarter.
Key development highlights over the past two weeks are:
- Heap leach construction 75% complete
- Process plant construction 90% complete
- Mining at Samaniego open pit continues
- Generators for the crushers have been installed
- Crushers assembly nears completion
To view the El Gallo Development Photo Update, please click here.
http://media3.marketwire.com/docs/Photo_update.pdf
To view the McEwen Mining Community Story, please click here.
http://media3.marketwire.com/docs/Community_story.pdf
About McEwen Mining Inc
McEwen Mining (NYSE:MUX) (TSE:MUX) is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. McEwen Mining also holds a 48.3% interest in McEwen Copper, which is developing the large, advanced-stage Los Azules copper project in Argentina. The Company's goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, Chairman and Chief Owner, has a personal investment in the Company of US$225 million.
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