Mining

McEwen says Fox drilling returned up to 24 g/t gold from Stock

McEwen says if the intercept connects to mineralization at Sock West, it will materially enlarge the boundaries of the Stock West system.

The host lithology of the Stock West mineralization which was intersected by hole S21-202 was also recently encountered in the footwall of the Stock mine.

At the Froome mine, 317 underground drill holes were completed this year to delineate the orebody. Bulk mining began earlier this year with results that have met expectations for gold grade, dilution and total ounces produced. The Froome mine is 900 metres west of the Black Fox open pit and is expected to lengthen the life of the Fox complex by at least 2.5 years beyond its current 10 years.

McEwen is working on a preliminary economic assessment for the expansion of the Fox complex, and it is in the final stages of preparation.

The company assembled the Fox complex in 2017 with the takeover of Lexam VG Gold in April and the acquisition of the Stock and Black Fox properties in October.

(This article first appeared in the Canadian Mining Journal)

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