McEwen Mining Reports Q1 Production Results, Royalty Acquisition

TORONTO, April 19, 2016 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce production highlights of the first quarter 2016 and one acquisition.


  • Total production in Q1 was 37,958 gold equivalent ounces(1), a 14% increase over Q1 2015.

  • Increased production guidance for 2016 to 144,000 gold equivalent ounces.

  • Acquired the Net Smelter Return (NSR) royalty on our El Gallo Mine and El Gallo Silver deposit.

  • Strong balance sheet: $43 million(2) in liquid assets and no debt!

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