GOLD: McEwen drills high grades at Black Fox and Gray Fox

[caption id="attachment_1003728886" align="aligncenter" width="504"] Outcrop at the Gray Fox area of the Black Fox complex. (Image: McEwen Mining)[/caption] ONTARIO – Toronto-based McEwen Mining reports bonanza grades from drilling at its Black Fox gold mine and solid high grades from the nearby Gray Fox area. The Black Fox complex is located about 10 km east of the town of Matheson and 65 km east of Timmins. Some of the key Black Fox intercepts include 34.77 g/t gold over 2.7 metres, 396.46 g/t over 1.81 metres, 245.55 g/t over 2.99 metres, and 51.50 g/t over 0.95 metre. Sylvain Guerard, senior VP Exploration, commented, “For a mine with a history of producing 5 g/t gold, these drill assay results are very encouraging … We have a large and exciting year of exploration ahead of us.” In the first quarter of this year, drilling focused on expanding known mineralization near existing mining areas. Drills probed laterally along the mines Western Flank and Central Mine areas, and down plunge at the Deep Central zone below the 820-metre level. More step out drilling in the Deep Central zone is planned for the second quarter. The nearby Gray Fox area has yielded 10.33 g/t gold over 4.4 metres, including 14.33 g/t over 1.5 metres; and 4.32 g/t over 7.3 metres, including 14.45 g/t over 0.7 metre. Assays have been received from seven holes, and results from 13 more are pending. McEwen has identified three deposits at Gray Fox – 147, Contact and South. There are two additional targets – 147NE and Gibson. The estimated indicated resource at Gray Fox is 2.2 million tonnes at 6.64 g/t gold for 465,000 contained oz. Visit www.McEwenMining.com for additional details of recent drill results in separate news releases for May 23, 2019.