McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has filed an independent National Instrument 43-101 technical report for its Tartan Mine Project in Manitoba, supporting the previously reported mineral resource estimate. The report, effective Dec. 31, 2025, confirms 308,900 ounces of gold in indicated resources and 302,700 ounces in inferred resources, as detailed in the press release.
The Tartan Mine Project is part of McEwen's growing portfolio of gold and silver production assets located in mineral-rich regions across the Americas. The company's operations span the Cortez Trend in Nevada, the Timmins district of Ontario, Flin Flon in Manitoba, and the Deseado Massif in Argentina. Additionally, McEwen is reactivating its gold-silver El Gallo Mine in Mexico.
McEwen also holds a 46.3% interest in McEwen Copper, which owns the advanced-stage Los Azules copper development project in Argentina. The project is designed to be one of the world's first regenerative copper mines and aims to achieve carbon neutrality by 2038. The company recently announced feasibility study results for Los Azules, with the implied value of McEwen's ownership interest at US$456 million (US$7.67 per share).
In other developments, McEwen purchased a 27.3% stake in Paragon Advanced Labs Inc., a company deploying PhotonAssay units globally. McEwen believes this technology is poised to become the new industry standard for assaying precious and base metals.
Chairman and Chief Owner Rob McEwen has invested over US$250 million personally and takes a salary of $1 per year, aligning his interests with shareholders. He is a recipient of the Order of Canada, a member of the Canadian Mining Hall of Fame, and a winner of the EY Entrepreneur of the Year (Energy) award. His objective is to build MUX's profitability, share value, and ultimately implement a dividend policy, as he did while building Goldcorp Inc.
For more information about McEwen Mining and its projects, visit the company's newsroom at https://ibn.fm/MUX.
