# EDGAR Filing Document

**Accession Number:** 0000314203
**File Stem:** 0001104659-23-007050
**Filing Date:** 2023-1
**Character Count:** 29852
**Document Hash:** 3593c7e1c35f5556968b93088affb3d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-007050.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001104659-23-007050

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 23

**CONFORMED PERIOD OF REPORT**: 20230126

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** McEwen Mining Inc.
- **CENTRAL INDEX KEY:** 0000314203
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **IRS NUMBER:** 840796160
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33190
- **FILM NUMBER:** 23558480

**BUSINESS ADDRESS:**
- **STREET 1:** SUITE 2800
- **STREET 2:** 150 KING STREET WEST, P.O. BOX 24
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 1J9
- **BUSINESS PHONE:** 647-258-0395

**MAIL ADDRESS:**
- **STREET 1:** SUITE 2800
- **STREET 2:** 150 KING STREET WEST, P.O. BOX 24
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5H 1J9

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** U S GOLD CORP
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** U S SILVER STATE MINING CORP
- **DATE OF NAME CHANGE:** 19880706

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SILVER STATE MINING CORP
- **DATE OF NAME CHANGE:** 19880629

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): **January 26, 2023**

**McEWEN MINING INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Colorado**<br> (State or other jurisdiction of<br> incorporation or organization) | **001-33190**<br> (Commission File<br> Number) | **84-0796160**<br> (I.R.S. Employer<br> Identification No.) |

---

**150 King Street West, Suite 2800**

**Toronto, Ontario, Canada M5H 1J9**

(Address of principal executive offices) (Zip Code)

Registrant's telephone number including area code: **(866) 441-0690**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock | MUX | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

---

| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure** |

---

On January 26, 2023, McEwen Mining Inc. (the "Company") issued a press release to report assay results from the Los Azules project and other matters related to the drilling program at that project. A copy of that press release is furnished with this report as Exhibit 99.1.

The information furnished under this Item 7.01, including the exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

---

---

| | |
|:---|:---|
| (d) | Exhibits. The following exhibit is furnished with this report: |
| [99.1](tm234547d1_ex99-1.htm) | [Press release dated January 26, 2023](tm234547d1_ex99-1.htm) |
| 104 | Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document (contained in Exhibit 101) |

---

***Cautionary Statement***

With the exception of historical matters, the matters discussed in the press release include forward-looking statements within the meaning of applicable securities laws that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained therein. Such forward-looking statements include, among others, statements regarding future production and cost estimates, exploration, development, construction and production activities. Factors that could cause actual results to differ materially from projections or estimates include, among others, the continuing effects of the COVID-19 pandemic and related governmental responses, metal prices, economic and market conditions, operating costs, receipt of permits, receipt of working capital, and future drilling results, as well as other factors described in the Company's Annual Report on Form 10-K/A for the year ended December 31, 2021, and other filings with the United States Securities and Exchange Commission. Most of these factors are beyond the Company's ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made in the press release, whether as a result of new information, future events, or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

**<u>SIGNATURE</u>**

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **McEWEN MINING INC.** | **McEWEN MINING INC.** |
| Date: January 26, 2023 | By: | /s/ *Carmen Diges* |
|  |  | Carmen Diges, General Counsel |

---

## Exhibit 99.1

**Exhibit 99.1**

![](tm234547d1_ex99-1img001.jpg)

**McEwen Copper: Los Azules – Robust Assay Results**

***Significant Drill Intercepts***

***237.2 m*** *of **1.05% Cu** including **108 m** of **1.71% Cu** (AZ22173)* 

***373.9 m*** *of **0.76% Cu** including **96 m** of **1.13% Cu** (AZ22176)*

TORONTO, January 26, 2023 (GLOBE NEWSWIRE) -- **McEwen Copper Inc.**, 68%-owned by **McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)**, today reports rich copper values over attractive widths resulting from infill drilling at its Los Azules project. Los Azules is a large porphyry copper-gold-silver deposit with considerable growth potential, where its ultimate depth and lateral extents remain to be determined.

Table 1 provides a summary of the assay results for eight recent drill holes for copper (Cu), gold (Au) and silver (Ag).

**Highlights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Widespread mineralized
magmatic hydrothermal breccias with intercepts such as **237.2 meters (m)** of **1.05% Cu** including **108 m** of **1.71% Cu** in hole AZ22173.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Continuity of an Enriched
mineral zone up to **300 m**, true thickness.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· Northern exploration
hole AZ22174 targeting a deep geophysical anomaly intersected **multiple copper-mineralized horizons including disseminated and veinlet-hosted primary copper mineralization and potassic alteration as deep as 1,100 m downhole**, with assays pending.

**Table 1** – Los Azules Drilling Results - October 2022 to December 2022

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Hole-ID** | **Section** | **Predominant <br> Mineral Zone** | **From <br> (m)** | **To<br> (m)** | **Length<br> (m)** | **Cu<br> %** | **Au<br> (g/t)** | **Ag <br> (g/t)** | **Comment** |
| AZ22169 | 43 | Total | 128 | 526 | 398 | 0.49 | 0.05 | 1.45 |  |
|  |  | **Enriched** | **128.0** | **390.0** | **262.0** | **0.55** | **0.04** | **1.59** | **Incl. 74m of 0.93% Cu** |
|  |  | Primary | 390 | 526 | 136 | 0.36 | 0.05 | 1.19 | Incl. 51m of 0.54% Cu |
| AZ22170 | 44 | Total | 130 | 483 | 353 | 0.45 | 0.03 | 1.46 |  |
|  |  | **Enriched** | **130.0** | **368.0** | **238.0** | **0.55** | **0.04** | **1.71** | **Incl. 28m of 1.14% Cu** |
|  |  | Primary | 368 | 483 | 115 | 0.24 | 0.02 | 0.94 |  |
| AZ22171 | 45 | **Total** | **94.0** | **470.2** | **376.2** | **0.51** | **0.04** | **1.41** |  |
|  |  | **Enriched** | **94.0** | **435.0** | **341.0** | **0.53** | **0.03** | **1.37** | **Incl. 88m of 1.06% Cu** |
|  |  | Primary | 435 | 470.2 | **35.2** | 0.27 | 0.04 | 0.75 |  |
| AZ22172 | 41 | Total | 116 | 545 | 429 | 0.46 | 0.10 | 1.21 |  |
|  |  | **Enriched** | **116.0** | **348.0** | **232.0** | **0.59** | **0.14** | **1.31** | **Incl. 32m of 1.19% Cu** |
|  |  | Primary | 348 | 545 | 197 | 0.31 | 0.06 | 1.09 |  |
| AZ22173 | 44 | **Total** | **94.0** | **331.2** | **237.2** | **1.05** | **0.09** | **1.19** |  |
|  |  | **Enriched** | **94.0** | **331.2** | **237.2** | **1.05** | **0.09** | **1.19** | **Incl. 108m of 1.71% Cu** |
| AZ22175 | 36 | **Total** | **70.0** | **274.0** | **204.0** | **0.72** | **0.05** | **1.17** |  |
|  |  | **Enriched** | **70.0** | **260.0** | **190.0** | **0.80** | **0.06** | **1.30** | **Incl. 94m of 1.06% Cu** |
|  |  | Primary | 260 | 274 | 14 | 0.33 | 0.03 | 0.51 |  |
| AZ22176 | 43 | **Total** | **98.0** | **445.9** | **347.9** | **0.81** | **0.10** | **2.52** |  |
|  |  | **Enriched** | **98.0** | **324.0** | **226.0** | **0.87** | **0.09** | **1.88** | **Incl. 96m of 1.13% Cu** |
|  |  | **Primary** | **324.0** | **445.9** | **121.9** | **0.71** | **0.12** | **3.70** | **Incl. 56m of 0.89% Cu** |
| AZ22177 | 42 | Total | 102 | 413 | 311 | 0.48 | 0.05 | 1.04 |  |
|  |  | **Enriched** | **102.0** | **334.0** | **232.0** | **0.51** | **0.04** | **0.92** | **Incl. 56m of 0.77% Cu** |
|  |  | Primary | 334 | 413 | 79 | 0.39 | 0.07 | 1.38 |  |

---

**Link to Geochemical Results and Hole Collar Locations and Lengths for October 2022 to January 2023 at Los Azules**:

<u>https://www.mcewenmining.com/files/doc_news/archive/2023/2023_01_LosAzules/2023_01_LosAzules_AssayResults_HoleLocations.xlsx</u>

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 1* 

![](tm234547d1_ex99-1img008.jpg)

**Current Drill Program**

Drilling resumed in October 2022. This season's +75 holes and +25,000-meter program is designed to:

&nbsp;&nbsp;&nbsp;&nbsp;· Increase drill hole density to upgrade the copper
resource classification to measured and indicated to better understand the payback pit design.

&nbsp;&nbsp;&nbsp;&nbsp;· Provide metallurgical, hydrological and geotechnical
data to facilitate mine design.

&nbsp;&nbsp;&nbsp;&nbsp;· Test for potential extensions of the resource
to the north, south and at depth to determine how much larger the deposit could be.

Since October, some 11,900 m have been drilled from 46 holes.

***"We have transitioned into 2023 with tremendous momentum, backstopped by 9 on-site drills, an active community engagement program and a fully staffed technical team advancing Los Azules towards feasibility."***, commented Michael Meding, Vice President and General Manager of McEwen Copper. ***"We are delivering a first-class technical evaluation on a copper deposit that will put Argentina at the forefront of critical metals production supporting worldwide electrification and a greener future for generations to come."***

**Description of Results**

Results are summarized on six schematic cross-sections that include simplified interpretations of the mineral zones including: Overburden, Leached, Enriched (also called Supergene) and Primary (also called Hypogene). The green line is the 30-year pit floor from the 2017 NI 43-101 Preliminary Economic Assessment (PEA) report. **We see drill results that support and enhance our geological modelling.**

**Figure 1** is a plan view showing the location of these sections. The cross sections are located 50 m apart, with the lowest numbered section beginning at the south end of the deposit and numbers increasing to the north. For reference, Section 36 is located approximately in the center of the deposit.

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 2* 

![](tm234547d1_ex99-1img008.jpg)

**Figure 1** - Location of Cross-sections and Drill Holes in the Deposit Plan

![](tm234547d1_ex99-1img002.jpg)

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 3* 

![](tm234547d1_ex99-1img008.jpg)

**Exploration Drilling**

Hole *AZ22174* (Figure1) is the 4<sup>th</sup> hole at Los Azules to be drilled to a depth in excess of 1,000 m. It represents the most recent validation that the deposit remains open at depth. It is located 900 m north of AZ22171 and was planned based on geophysical analyses and geological modelling. Results are expected to be available for release shortly. Logging of the core over its 1,100 m identified disseminated copper mineralization (chalcocite, chalcopyrite) hosted in pre-mineral diorite, copper in early veinlets and fracture-fills, magmatic hydrothermal breccia and potassic alteration as evidenced by potassium feldspar.

**Infill Drilling Results Designed to Upgrade Copper Resources Classification to Measured & Indicated** 

**Figure 2 - Section 36**, includes an intercept of **190 m** of **0.80% Cu** *(AZ22175)*, including a **94 m** interval of **1.06% Cu** in the Enriched mineral zone. The Enriched mineral zone is interpreted to occur as a sub-horizontal blanket of mineralization that varies in thickness between 150 m and 250 m across this section. This is typical of many world-class porphyry copper deposits. The hole was drilled to test for the presence of mineralization within a hydrothermal magmatic breccia host rock. Mineralization contained within this zone is on average associated with the highest copper grades at Los Azules.

**Figure 2 -** Section 36 - Drilling, Mineral Zones & 30-year PEA Pit (Looking North)

![](tm234547d1_exex99imag003.jpg)

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 4* 

![](tm234547d1_ex99-1img008.jpg)

**Figure 3 - Section 41** shows an Enriched zone interval of **232 m** grading **0.59% Cu** *(AZ22172)*, including **32 m** of **1.19% Cu**. A portion of the shallower mineralization is hosted within an early mineral porphyry and the hydrothermal magmatic breccia associated with the porphyry. Like the breccia, the early mineral porphyry is an important host of higher-grade mineralization and is typically inclined sub-vertical. Closer to the hole's bottom, mineralization is hosted within rock known as diorite, which contains the majority of Primary zone sulphide-bearing mineralization at Los Azules. The drill hole ends with **197.0 m** grading **0.31% Cu.** Lithology and mineralization correlate well to hole AZ12106, suggesting great continuity.

**Figure 3** - Section 41 - Drilling, Mineral Zones & 30-year PEA Pit (Looking North)

![](tm234547d1_ex99-1img003.jpg)

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 5* 

![](tm234547d1_ex99-1img008.jpg)

**Figure 4 - Section 42** profiles an Enriched zone interval of **232 m** grading **0.51% Cu** *(AZ22177)*, including **56 m** of **0.77% Cu.** Again, the drill hole ended in the top of the Primary zone with **79 m** of **0.39% Cu.** The early mineralized porphyry, hydrothermal magmatic breccias and high copper grades noted in the hole are consistent with the nearby historic drill holes AZ12116 and AZ1048. The true thickness of the Enriched zone is interpreted to be up to 250 m on the section.

**Figure 4** - Section 42 - Drilling, Mineral Zones & 30-year PEA Pit (Looking North)

![](tm234547d1_ex99-1img004.jpg)

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 6* 

![](tm234547d1_ex99-1img008.jpg)

**Figure 5 - Section 43** highlights **226 m** grading **0.87% Cu** *(AZ22176)* including **96 m** of **1.13% Cu,** and **262 m** of **0.55% Cu** *(AZ22169)* including **74 m** grading **0.93% Cu**. Both intervals correspond to the Enriched zone with a true thickness up to 250 m and signified in part by characteristic chalcocite copper mineralization and elevated soluble copper analyses. Mineralization is mainly related to the presence of early mineral porphyry and hydrothermal magmatic breccia. In hole **AZ22176,** the continued presence of copper mineralization at depth required drilling to continue below the 2017 PEA pit limit. The grades reported for the Primary zone correspond to a **121.9 m** interval with a core length-weighted grade of **0.71% Cu.** It is noteworthy that the hole ended in elevated copper grades, suggesting potential at depth and an attractive future drilling target**.**

**Figure 5** - Section 43 - Drilling, Mineral Zones & 30-year PEA Pit (Looking North)

![](tm234547d1_ex99-1img005.jpg)

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 7* 

![](tm234547d1_ex99-1img008.jpg)

**Figure 6 - Section 44**, profiles **238 m** grading **0.55% Cu** *(AZ22170)* and **237.2 m** with **1.05% Cu** *(AZ22173)*, including a **108 m** interval of **1.71% Cu**. Both intercepts correspond to the Enriched zone, consistent with attractive grades reported in previous campaigns including **194 m** of **0.56% Cu** *(AZ22163)*, **146 m** of **1.10% Cu** *(AZ0620)* and **80.4 m** grading **0.21% Cu** *(AZ22167)*. The interpreted true thickness of the Enriched zone extends to 300 m at the center of the section, owing to the influence of structural controls such as faulting in the core of the deposit.

**Figure 6** - Section 44 - Drilling, Mineral Zones & 30-year PEA Pit (Looking North)

![](tm234547d1_ex99-1img006.jpg)

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 8* 

![](tm234547d1_ex99-1img008.jpg)

**Figure 7 - Section 45** highlights **341 m** of **0.53% Cu** *(AZ22171)*, including **88 m** grading **1.06% Cu** in the Enriched zone. The mineralization is primarily contained in hydrothermal magmatic breccia. The interpreted true thickness of up to 300 m in the Enriched zone extends from Section 44. The hole ended in primary mineralization of **35.2 m** grading **0.27% Cu** and remains open at depth.

**Figure 7** - Section 45 - Drilling, Mineral Zones & 30-year PEA Pit (Looking North)

![](tm234547d1_ex99-1img007.jpg)

**The Los Azules project is located in San Juan, Argentina. It has many attributes comparable to other world-class copper-gold deposits in South America.**

**Technical Information** 

The technical content of this press release has been reviewed and approved by Stephen McGibbon, P.Geo., McEwen Mining's Senior Vice President, Exploration, and a qualified person as defined by NI 43-101.

All samples were collected in accordance with generally accepted industry standards. Drill core samples usually taken at 2 m intervals were split and submitted to the Alex Stewart International laboratory located in the Province of Mendoza, Argentina, for the following assays: gold determination using fire fusion assay and an atomic absorption spectroscopy finish (Au4-30); a 39 multi-element suite using ICP-OES analysis (ICP-AR 39); copper content determination using a sequential copper analysis (Cu-Sequential). An additional 19 element analysis (ICP-ORE) was performed for samples with high sulfide content.

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 9* 

![](tm234547d1_ex99-1img008.jpg)

The company conducts a Quality Assurance/Quality Control program in accordance with NI 43-101 and industry best practices using a combination of standards and blanks on approximately one out of every 25 samples. Results are monitored as final certificates are received and any re-assay requests are sent back immediately. Pulp and preparation sample analyses are also performed as part of the QAQC process. Approximately 5% of the sample pulps are sent to a secondary laboratory for control purposes. In addition, the laboratory performs its own internal QAQC checks, with results made available on certificates for Company review.

**Table 2** - Hole Locations and Lengths for October to December 2022 Drilling Results at Los Azules

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **HOLE-ID** | **Azimuth** | **Dip** | **Length** | **Loc X** | **Loc Y** | **Loc Z** |
| AZ22169 | 250 | -67 | 526 | 2383254 | 6559520 | 3637 |
| AZ22170 | 250 | -77 | 483 | 2383235 | 6559566 | 3633 |
| AZ22171 | 250 | -72 | 470 | 2383222 | 6559615 | 3631 |
| AZ22172 | 247 | -78 | 545 | 2383251 | 6559416 | 3637 |
| AZ22173 | 70 | -76 | 331 | 2383301 | 6559591 | 3641 |
| AZ22175 | 250 | -70 | 274.0 | 2383345 | 6559172 | 3640 |
| AZ22176 | 70 | -81 | 445.9 | 2383254 | 6559520 | 3637 |
| AZ22177 | 250 | -65 | 413.0 | 2383258 | 6559468 | 3637 |
| Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 | Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 | Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 | Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 | Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 | Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 | Coordinates listed in Table 2 based on Gauss Kruger - POSGAR 94 Zone 2 |

---

**ABOUT MCEWEN MINING**

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns 68% of McEwen Copper which owns 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 its share price and providing a yield. Chairman and Chief Owner Rob McEwen has personally provided the company with $220 million and takes an annual salary of $1.

**CAUTION CONCERNING FORWARD-LOOKING STATEMENTS**<br>This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, effects of the COVID-19 pandemic, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to calculation of mineral resources and reserves, and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K/A for the fiscal year ended December 31, 2021 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.<br>*The NYSE and TSX have not reviewed and do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management of McEwen Mining Inc.*<br>

![](tm234547d1_ex99-1img009.jpg)

*McEwen Mining Inc.* *Page 10* 

![](tm234547d1_ex99-1img008.jpg)

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---

| | | |
|:---|:---|:---|
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | ****<br> ***SOCIAL MEDIA***  |  |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> |  | **McEwen Mining** |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | **Facebook:<br> LinkedIn:<br> Twitter:<br> Instagram:** | <u>facebook.com/mcewenmining</u><br> <u>linkedin.com/company/mcewen-mining-inc-</u> <br> <u>twitter.com/mcewenmining</u><br> <u>instagram.com/mcewenmining</u> |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | **Facebook:<br> LinkedIn:<br> Twitter:<br> Instagram:** |  |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> |  | **McEwen Copper** |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | **Facebook:<br> LinkedIn:<br> Twitter:<br> Instagram:** | <u>facebook.com/ mcewencopper</u><br> <u>linkedin.com/company/mcewencopper</u><br> <u>twitter.com/mcewencopper</u><br> <u>instagram.com/mcewencopper</u> |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | **Facebook:<br> LinkedIn:<br> Twitter:<br> Instagram:** |  |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> |  | **Rob McEwen** |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | **Facebook:<br> LinkedIn:<br> Twitter:** | <u>facebook.com/mcewenrob</u> <br> <u>linkedin.com/in/robert-mcewen-646ab24</u><br> <u>twitter.com/robmcewenmux</u> |
| ****<br> ***WEB SITE***<br> <u>www.mcewenmining.com</u><br>***CONTACT INFORMATION***<br>150 King Street West <br> Suite 2800, PO Box 24 <br> Toronto, ON, Canada <br> M5H 1J9 <br>Relationship with Investors: <br> (866)-441-0690 Toll free <br> (647)-258-0395 <br>**Mihaela Iancu** ext. 320 <br> <u>info@mcewenmining.com</u> | **Facebook:<br> LinkedIn:<br> Twitter:** | <u>facebook.com/mcewenrob</u> <br> <u>linkedin.com/in/robert-mcewen-646ab24</u><br> <u>twitter.com/robmcewenmux</u> |

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*McEwen Mining Inc.* *Page 11*