McEwen Mining Inc. (TSE:MUX) (NYSE:MUX) Gold Bar Construction Photo Update
Date
12/18/2017 3:23:27 PM
(MENAFN- ABN Newswire) Toronto, Dec 19, 2017 AEST (ABN Newswire) - McEwen mining Inc. () () has had a very busy and productive 5-week period at our Gold Bar Project, located in Central Nevada. Construction activities began immediately when we received the Environmental Impact Statement [EIS] in November.
With construction activities underway, we are on on track for commercial production in 2019. The unseasonably mild winter conditions this year, have allowed us to accelerate aspects of our construction schedule.
Highlights of construction activities to date include:
1. Mobilized all major site contractors by November 8th
2. Site clearance and initial preparation for 2018 civil work largely complete
3. Installed temporary offices, communications equipment, water, and power
4. Began installation of mine water supply system; and
5. Mine development underway at Cabin Creek pit, the initial source of production
Please see our updated Gold Bar section on our website for further information and 3-D imagery.
About McEwen Mining Inc
() () has the goal to qualify for inclusion in the S & P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49% interest), the El Gallo Gold mine and El Gallo Silver project in Mexico, the Black Fox mine in Timmins, Canada, the Gold Bar project in Nevada, and the Los Azules copper project in Argentina.
McEwen has a total of 333 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 24% of McEwen.
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