 | | Published : March 01st, 2010 | El Gallo: Thick Intersections of Good Grade Continue |
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March 1, 2010 |
US Gold Corporation: El Gallo: Thick Intersections of Good Grade Continue
283.4 GPT SILVER OVER 39.3 METERS, 104.4 GPT SILVER OVER 53.9 METERS & 868.9 GPT SILVER OVER 7.1 METERS |
TORONTO, ONTARIO--(Marketwire - March 1, 2010) - US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce additional core drilling results from the El Gallo Project in Sinaloa State, Mexico. The three best holes from the fifteen assayed since our last update are: 8.3 ounces of silver per ton (opt) over 128.8 ft (feet) (283.4 grams per tonne (gpt) over 39.3 meters (m)), 3.0 opt silver over 176.8 ft (104.4 gpt silver over 53.9 m) and 25.3 opt silver over 23.3 ft (868.9 gpt silver over 7.1 m). These results are part of the 330,000 ft (100,000 m) of drilling planned for El Gallo and surrounding targets this year.
"Drilling at El Gallo continues to return thick intersections of good grade that start at or near surface. To date, 95% of the holes drilled have encountered significant mineralization! We are extremely pleased with these results. Going forward we will continue with our large exploration program, publish an initial resource estimate during the second quarter and look to complete an preliminary economic analysis by year-end. Also, on March 15th and 16th US Gold will be taking a number of mining analysts to El Gallo in order to highlight what we feel is one of the best silver projects owned by an junior," stated Rob McEwen, Chairman and CEO.
Eastern Area: Thick Intersections of Good Grade
8.3 opt silver over 128.8 ft (283.4 gpt over 39.3 m)
Since exploration resumed in January, US Gold's drilling has encountered thick intersections of good grade in the Eastern Area. Based on these results the Eastern Area has become one of our top priorities. Three new core holes have been completed with assays, providing further confirmation of El Gallo's potential for growth. Drill hole GAX-082 expanded the mineralization by approximately 115 ft (35 m) laterally (Figure 1) and encountered five separate zones of mineralization from surface to 528 ft (161 m) down hole. Three of these zones were especially noteworthy: 3.0 opt silver over 176.8 ft (104.4 gpt silver over 53.9 m), 6.1 opt silver over 79.6 ft (209.9 gpt silver over 24.3 m) and 2.9 opt silver over 96.8 ft (98.0 gpt silver over 29.5 m).
GAX-057 is the eastern most hole drilled to date (Figure 1) and was designed to extend the mineralization vertically. Mineralization was expanded by approximately 165 ft (50 m) (Figure 2.). Results from the eastern area are shown below:
----------------------------------------------------------------------------
Hole # Silver Length From To Hole # Silver Length From To
----------------------------------------------------------------------------
(opt) (ft) (ft) (ft) (gpt) (m) (m) (m)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GAX-059 1.7 167.0 0.3 167.3 GAX-059 59.0 51.0 0.0 51.0
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GAX-057 8.3 128.8 319.7 448.5 GAX-057 283.4 39.3 97.5 136.7
----------------------------------------------------------------------------
Including 15.9 46.4 390.4 436.8 Including 544.0 14.2 119.0 133.2
----------------------------------------------------------------------------
Including 128.0 0.5 408.1 408.6 Including 4,390.0 0.2 124.4 124.6
----------------------------------------------------------------------------
Including 56.9 1.8 421.6 423.4 Including 1,950.0 0.6 128.5 129.1
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Hole # Silver Length From To Hole # Silver Length From To
----------------------------------------------------------------------------
(opt) (ft) (ft) (ft) (gpt) (m) (m) (m)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GAX-082 3.0 176.8 14.8 191.6 GAX-082 104.4 53.9 4.5 58.4
----------------------------------------------------------------------------
And 6.1 79.6 229.0 308.6 And 209.9 24.3 69.8 94.1
----------------------------------------------------------------------------
Including 15.3 19.7 232.3 252.0 Including 525.7 6.0 70.8 76.8
----------------------------------------------------------------------------
And 2.9 96.8 330.1 426.8 And 98.0 29.5 100.6 130.1
----------------------------------------------------------------------------
Including 17.8 2.3 353.3 355.6 Including 609.0 0.7 107.7 108.4
----------------------------------------------------------------------------
Including 16.3 2.6 421.9 424.5 Including 560.0 0.8 128.6 129.4
----------------------------------------------------------------------------
And 5.4 4.1 484.3 488.4 And 186.0 1.3 147.6 148.9
----------------------------------------------------------------------------
And 13.1 2.1 520.3 522.3 And 449.0 0.7 158.6 159.3
----------------------------------------------------------------------------
All depths indicated in table are down hole
0.73 opt Ag (25 gpt Ag) cutoff
Allowable waste interval was 19.7 ft (6 m) of less than 0.73 opt Ag (25 gpt
Ag)
Numbers may not add due to rounding
True widths are unknown
Western Area: Potential High Grade Zone Emerging
25.3 opt silver over 23.3 ft (868.9 gpt over 7.1 m)
Exploration in the Western Area was designed to extend the high grade mineralization encountered in drill hole GAX-039 (30.0 opt silver over 2.5 ft (1,030 gpt over 0.8 m) and 27.6 opt silver over 3.4 ft (946.2 gpt over 1.1m)) (Released August 5, 2009). Drill hole GAX-061, located approximately 115 ft (35 m) to the southwest, successfully accomplished this objective intersecting additional high-grade over a greater thickness: 25.3 opt silver over 23.3 ft (868.9 gpt over 7.1 m). This high grade mineralization is believed to be an extension of the Main Zone. Results from this drilling are shown below:
---------------------------------------------------------------------------
Hole # Silver Length From To Hole # Silver Length From To
---------------------------------------------------------------------------
(opt) (ft) (ft) (ft) (gpt) (m) (m) (m)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-061 2.4 36.6 18.5 55.1 GAX-061 81.2 11.2 5.7 16.8
---------------------------------------------------------------------------
And 25.3 23.3 112.9 136.2 And 868.9 7.1 34.4 41.5
---------------------------------------------------------------------------
Including 115.6 4.4 119.8 124.2 Including 3,964.8 1.4 36.5 37.9
---------------------------------------------------------------------------
All depths indicated in table are down hole
0.73 opt Ag (25 gpt Ag) cutoff
Allowable waste interval was 19.7 ft (6 m) of less than 0.73 opt Ag (25 gpt
Ag)
Numbers may not add due to rounding
True widths are unknown
Connecting the Main and North Zones
4.8 opt Silver over 102.2 ft (166.3 gpt over 31.2 m)
A total of five holes have been drilled to test if the Main and North Zones connect. Assays for the first two holes (Figure 1) have been completed, with near surface mineralization intersected over good widths. Highlights from the first two holes are below:
----------------------------------------------------------------------------
Hole # Silver Length From To Hole # Silver Length From To
----------------------------------------------------------------------------
(opt) (ft) (ft) (ft) (gpt) (m) (m) (m)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GAX065 5.1 76.6 13.9 90.6 GAX065 174.9 23.4 4.3 27.6
----------------------------------------------------------------------------
Including 23.5 3.4 13.9 17.4 Including 805.0 1.1 4.3 5.3
----------------------------------------------------------------------------
Including 26.4 3.0 52.7 55.6 Including 906.0 0.9 16.1 17.0
----------------------------------------------------------------------------
----------------------------------------------------------------------------
GAX-069 4.8 102.2 0.0 102.2 GAX-069 166.3 31.2 0.0 31.2
----------------------------------------------------------------------------
Including 36.7 5.4 44.1 49.5 Including 1,256.7 1.7 13.5 15.1
----------------------------------------------------------------------------
Including 33.8 3.3 61.4 64.6 Including 1,160.0 1.0 18.7 19.7
----------------------------------------------------------------------------
All depths indicated in table are down hole
0.73 opt Ag (25 gpt Ag) cutoff
Allowable waste interval was 19.7 ft (6 m) of less than 0.73 opt Ag (25 gpt
Ag)
Numbers may not add due to rounding
True widths are unknown
North Zone
3.0 opt Silver over 69.4 ft (101.2 gpt over 21.2 m)
Drilling resumed in the North Zone where three core holes were completed in 2009 with the objective of extending the mineralization in several different directions and providing continuity between holes for the upcoming resource estimate. Drilling in the North Zone covers an area totaling 650 ft (200 m) by 650 ft (200 m), with mineralization being encountered to a depth of 215 ft (65 m). Results from the first 6 holes are shown below.
---------------------------------------------------------------------------
Hole # Silver Length From To Hole # Silver Length From To
---------------------------------------------------------------------------
(opt) (ft) (ft) (ft) (gpt) (m) (m) (m)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-066 37.6 1.0 128.3 129.3 GAX-066 1,290.0 0.3 39.1 39.4
---------------------------------------------------------------------------
And 26.0 3.0 202.6 205.5 And 891.0 0.9 61.8 62.7
---------------------------------------------------------------------------
And 5.9 3.9 263.0 266.9 And 202.0 1.2 80.2 81.4
---------------------------------------------------------------------------
And 4.3 3.3 416.7 419.9 And 147.0 1.0 127.0 128.0
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-071 2.2 59.4 0.0 59.4 GAX-071 75.9 18.1 0.0 18.1
---------------------------------------------------------------------------
Including 4.0 16.4 0.0 16.4 Including 136.8 5.0 0.0 5.0
---------------------------------------------------------------------------
Including 7.5 4.3 33.1 37.4 Including 257.5 1.3 10.1 11.4
---------------------------------------------------------------------------
And 6.0 3.1 90.4 93.5 And 207.0 1.0 27.6 28.5
---------------------------------------------------------------------------
And 26.8 2.3 177.2 179.5 And 920.0 0.7 54.0 54.7
--------- ------- ------- ----- ----- ---------- ------- ------ ----- -----
And 9.6 3.8 309.5 313.3 And 330.0 1.2 94.4 95.5
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-072 4.6 15.3 12.6 27.9 GAX-072 156.0 4.7 3.9 8.5
---------------------------------------------------------------------------
And 3.6 11.5 129.6 141.1 And 122.0 3.5 39.5 43.0
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-074 2.9 22.0 25.3 47.2 GAX-074 98.3 6.7 7.7 14.4
---------------------------------------------------------------------------
Including 26.5 1.5 29.4 30.8 Including 907.0 0.5 9.0 9.4
---------------------------------------------------------------------------
And 5.2 2.3 181.8 184.1 And 179.0 0.7 55.4 56.1
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-075 4.8 7.7 58.4 66.1 GAX-075 164.0 2.4 17.8 20.2
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-076 3.0 69.4 0.0 69.4 GAX-076 101.2 21.2 0.0 21.2
---------------------------------------------------------------------------
Including 16.7 4.9 3.9 8.9 Including 574.0 1.5 1.2 2.7
---------------------------------------------------------------------------
All depths indicated in table are down hole
0.73 opt Ag (25 gpt Ag) cutoff
Allowable waste interval was 19.7 ft (6 m) of less than 0.73 opt Ag (25 gpt
Ag)
Numbers may not add due to rounding
True widths are unknown
Delineation Drilling Confirms Continuity of Near Surface Mineralization
3.4 opt Silver over 68.2 ft (117.1 gpt over 20.8 m)
Drilling conducted in the central area of the Main Zone was successful in establishing continuity of near surface mineralization. Results from these holes are highlighted below.
---------------------------------------------------------------------------
Hole # Silver Length From To Hole # Silver Length From To
---------------------------------------------------------------------------
(opt) (ft) (ft) (ft) (gpt) (m) (m) (m)
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-063 1.6 101.7 34.4 136.2 GAX-063 56.5 31.0 10.5 41.5
---------------------------------------------------------------------------
Including 4.9 22.8 98.1 120.9 Including 166.3 7.0 29.9 36.9
---------------------------------------------------------------------------
And 2.2 78.2 165.5 243.8 And 75.1 23.9 50.5 74.3
---------------------------------------------------------------------------
Including 5.5 19.5 183.6 203.1 Including 189.2 6.0 56.0 61.9
---------------------------------------------------------------------------
---------------------------------------------------------------------------
GAX-064 3.4 68.2 0.0 68.2 GAX-064 117.1 20.8 0.0 20.8
---------------------------------------------------------------------------
Geological Technical Description of El Gallo
El Gallo is a low-sulfidation, epithermal silver deposit located within the Pie de la Sierra physiographic province of the Sierra Madre Occidental Range which is part of a late Jurassic to middle Cretaceous volcanic-arc with volcanic and associated sedimentary rocks that extends for hundreds of miles through northwestern Mexico. Cretaceous-Tertiary volcanic and volcano-sedimentary rocks rest upon a basement of Paleozoic and Mesozoic sedimentary and metamorphic rocks. Intrusives of Late Cretaceous and Tertiary age cut these rocks locally. Regionally, these intrusives are dominated by the Sinaloa Batholith of granitic composition. The El Gallo project is situated near the margin of an exposure of Sinaloa Batholith and other shallow-level porphyritic intrusives occur within the project area. Silver mineralization is hosted in breccia bodies and stockwork zones that occur dominantly in the andesitic volcanic rocks and to a lesser extent in quartz monzonite porphyry intrusive. The shape of the mineralization has not yet been defined.
To view the 15 new core holes from this news release see Table 1. To view all 73 core holes drilled at El Gallo, please click: http://www.usgold.com/news/pdf/20090805_uxg_elgalloallholes.pdf
To view assays intervals from core holes GAX-057 and GAX-082, please click: http://www.usgold.com/news/pdf/20100301/GAX057.xls
http://www.usgold.com/news/pdf/20100301/GAX082.xls
ABOUT US GOLD (www.usgold.com)
US Gold Corporation is a Colorado incorporated gold and silver exploration company with a strong treasury, no debt and two significant land holdings, one in Nevada next to Barrick Gold's multi-million ounce Cortez project, and the other in Mexico where an exciting high-grade silver discovery has been made. US Gold's shares trade on the NYSE Amex and the Toronto Stock Exchange under the symbol UXG. US Gold has good market liquidity, trading 1.1 million shares daily, and is included in S&P/TSX and Russell indices.
QUALIFIED PERSON
This news release has been viewed and approved by Steve Brown, US Gold's Chief Geologist, who is a Qualified Person as defined by National Instrument 43-101 and is responsible for program design and quality control of exploration undertaken by the Company at its Mexican exploration properties.
Samples from the core drilling were split on-site at the Company's Magistral Mine property. One quarter of the split drill core was shipped to ALS Chemex in Hermosillo for sample preparation and analysis by 4-acid digestion with ICP determination for silver and fire assay for gold. Samples returning greater than 1500 ppm silver or 10 ppm gold were re-analyzed using gravimetric fire assay. Standards and blanks were inserted every 20 samples.
All holes were drilled with HQ bits utilizing a CS-1500 truck-mounted core drill. Samples were taken based on lithologic and/or mineralized intervals and vary in length. The true width of the mineral zone has not yet been determined.
Certain statements contained herein and subsequent oral statements made by and on behalf of the Company may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as "intends," "anticipates," "believes," "expects" and "hopes" and include, without limitation, statements regarding the Company's results of exploration, plan of business operations, potential contractual arrangements, receipt of working capital, anticipated revenues and related expenditures. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2008 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors". Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.
El Gallo Silver Project: Core Holes Assays
Table 1.
March 1, 2010
--------------------------------------------
Silver Gold Length From
------ ----- ------ -----
Hole # (opt) (opt) (ft) (ft)
--------------------------------------------
--------------------------------------------
GAX057 8.3 128.8 319.7
Including 15.9 46.4 390.4
Including 128.0 0.5 408.1
Including 56.9 1.8 421.6
--------------------------------------------
--------------------------------------------
GAX059 1.7 167.3 0.0
--------------------------------------------
--------------------------------------------
GAX061 2.4 36.6 18.5
And 25.3 23.3 112.9
Including 115.6 4.4 119.8
--------------------------------------------
--------------------------------------------
GAX062 1.4 55.8 0.0
--------------------------------------------
--------------------------------------------
GAX063 1.6 101.7 34.4
Including 4.9 22.8 98.1
And 2.2 78.2 165.5
Including 5.5 19.5 183.6
--------------------------------------------
--------------------------------------------
GAX064 3.4 68.2 0.0
--------------------------------------------
--------------------------------------------
GAX065 5.1 76.6 13.9
Including 23.5 3.4 13.9
Including 26.4 3.0 52.7
--------------------------------------------
--------------------------------------------
GAX066 37.6 1.0 128.3
And 26.0 3.0 202.6
And 5.9 3.9 263.0
And 4.3 3.3 416.7
--------------------------------------------
--------------------------------------------
GAX069 4.8 102.2 0.0
Including 36.7 5.4 44.1
Including 33.8 3.3 61.4
--------------------------------------------
--------------------------------------------
GAX071 2.2 59.4 0.0
Including 4.0 16.4 0.0
Including 7.5 4.3 33.1
And 6.0 3.1 90.4
And 26.8 2.3 177.2
And 9.6 3.8 309.5
--------------------------------------------
--------------------------------------------
GAX072 4.6 15.3 12.6
And 3.6 11.5 129.6
--------------------------------------------
--------------------------------------------
GAX074 2.9 22.0 25.3
Including 26.5 1.5 29.4
And 5.2 2.3 181.8
--------------------------------------------
--------------------------------------------
GAX075 4.8 7.7 58.4
--------------------------------------------
--------------------------------------------
GAX076 3.0 69.4 0.0
Including 16.7 4.9 3.9
And 1.3 24.6 110.6
--------------------------------------------
--------------------------------------------
GAX082 3.0 176.8 14.8
And 6.1 79.6 229.0
Including 15.3 19.7 232.3
And 2.9 96.8 330.1
Including 17.8 2.3 353.3
Including 16.3 2.6 421.9
And 5.4 4.1 484.3
And 13.1 2.1 520.3
--------------------------------------------
-------------------------------------------------
Silver Gold Length From
------ ---- - ------ -----
Hole # (gpt) (gpt) (m) (m)
-------------------------------------------------
-------------------------------------------------
GAX057 283.4 39.5 97.3
Including 544.0 14.2 119.0
Including 4,390.0 0.2 124.4
Including 1,950.0 0.6 128.5
-------------------------------------------------
-------------------------------------------------
GAX059 59.0 51.0 0.0
-------------------------------------------------
-------------------------------------------------
GAX061 81.2 11.2 5.7
And 868.9 7.1 34.4
Including 3,964.8 1.4 36.5
-------------------------------------------------
-------------------------------------------------
GAX062 47.9 17.0 0.0
-------------------------------------------------
-------------------------------------------------
GAX063 56.5 31.0 10.5
Including 166.3 7.0 29.9
And 75.1 23.9 50.5
Including 189.2 6.0 56.0
-------------------------------------------------
-------------------------------------------------
GAX064 117.1 20.8 0.0
-------------------------------------------------
-------------------------------------------------
GAX065 174.9 23.4 4.3
Including 805.0 1.1 4.3
Including 906.0 0.9 16.1
-------------------------------------------------
-------------------------------------------------
GAX066 1,290.0 0.3 39.1
And 891.0 0.9 61.8
And 202.0 1.2 80.2
And 147.0 1.0 127.0
-------------------------------------------------
-------------------------------------------------
GAX069 166.3 31.2 0.0
Including 1,256.7 1.7 13.5
Including 1,160.0 1.0 18.7
-------------------------------------------------
-------------------------------------------------
GAX071 75.9 18.1 0.0
Including 136.8 5.0 0.0
Including 257.5 1.3 10.1
And 207.0 1.0 27.6
And 920.0 0.7 54.0
And 330.0 1.2 94.4
-------------------------------------------------
-------------------------------------------------
GAX072 156.0 4.7 3.9
And 122.0 3.5 39.5
-------------------------------------------------
-------------------------------------------------
GAX074 98.3 6.7 7.7
Including 907.0 0.5 9.0
And 179.0 0.7 55.4
-------------------------------------------------
-------------------------------------------------
GAX075 164.0 2.4 17.8
-------------------------------------------------
-------------------------------------------------
GAX076 101.2 21.2 0.0
Including 574.0 1.5 1.2
And 45.2 7.5 33.7
-------------------------------------------------
-------------------------------------------------
GAX082 104.4 53.9 4.5
And 209.9 24.3 69.8
Including 525.7 6.0 70.8
And 98.0 29.5 100.6
Including 609.0 0.7 107.7
Including 560.8 0.8 128.6
And 186.0 1.3 147.6
And 449.0 0.7 158.6
-------------------------------------------------
----------------------------------------------------------
Azimuth Dip Easting Northing
------- ------------- --------- ---------
Hole #
----------------------------------------------------------
----------------------------------------------------------
GAX057 350 degrees -55 degrees 212316 2843179
Including
Including
Including
----------------------------------------------------------
----------------------------------------------------------
GAX059 350 degrees -55 degrees 212191 2843252
----------------------------------------------------------
----------------------------------------------------------
GAX061 170 degrees -65 degrees 211943 2843334
And
Including
----------------------------------------------------------
----------------------------------------------------------
GAX062 170 degrees -55 degrees 211988 2843337
----------------------------------------------------------
----------------------------------------------------------
GAX063 170 degrees -50 degrees 211998 2843306
Including
And
Including
----------------------------------------------------------
----------------------------------------------------------
GAX064 40 degrees -50 degrees 212007 2843243
----------------------------------------------------------
----------------------------------------------------------
GAX065 170 degrees -75 degrees 212071 2843330
Including
Including
----------------------------------------------------------
----------------------------------------------------------
GAX066 350 degrees -45 degrees 212031 2843325
And
And
And
----------------------------------------------------------
----------------------------------------------------------
GAX069 0 degrees -90 degrees 212071 2843291
Including
Including
----------------------------------------------------------
----------------------------------------------------------
GAX071 350 degrees -50 degrees 212035 2843450
Including
Including
And
And
And
----------------------------------------------------------
----------------------------------------------------------
GAX072 350 degrees -70 degrees 212040 2843505
And
----------------------------------------------------------
----------------------------------------------------------
GAX074 350 degrees -50 degrees 212069 2843439
Including
And
----------------------------------------------------------
----------------------------------------------------------
GAX075 350 degrees -60 degrees 212176 2843472
----------------------------------------------------------
----------------------------------------------------------
GAX076 350 degrees -50 degrees 212158 2843464
Including
And
----------------------------------------------------------
----------------------------------------------------------
GAX082 350 degrees -50 degrees 212256 2843188
And
Including
And
Including
Including
And
And
----------------------------------------------------------
----------------------------------------------------------
All depths indicated in table are down hole
0.73 opt Ag (25 gpt Ag) cutoff
Allowable waste interval was 19.7 ft (6 m) of less than 0.73 opt Ag (25 gpt
Ag)
Numbers may not add due to rounding
NSV equals No Significant Values
To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/UGX301fig1.pdf
To view Figure 2, please visit the following link: http://media3.marketwire.com/docs/UGX301fig2.pdf
To view Figure 3, please visit the following link: http://media3.marketwire.com/docs/UGX301fig3.pdf | |
CONTACT INFORMATION:
US Gold Corporation Ian J. Ball VP, Mexico (647) 258-0395 or Toll Free: (866) 441-0690 Fax: (647) 258-0408
or
Mailing Address 99 George Street, 3rd Floor Toronto, ON M5A 2N4 info@usgold.com www.usgold.com
|
INDUSTRY: Manufacturing and Production - Mining and Metals | |
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Data and Statistics for these countries : Mexico | All Gold and Silver Prices for these countries : Mexico | All
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McEwen Mining
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PRODUCER |
CODE : MUX |
ISIN : US58039P1075 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
McEwen Mining is a gold development stage company based in Canada. McEwen Mining produces gold, silver in Argentina and in Mexico, develops gold and silver in Mexico, and holds various exploration projects in Mexico. Its main assets in production are MAGISTRAL MINE in Mexico and SAN JOSE ARGENTINA in Argentina, its main asset in development is EL GALLO MEXICO in Mexico and its main exploration properties are PALMARITO, GOLD PICK AND GOLD RIDGE, TONKIN PROJECT and MAGISTRAL in Mexico and LOS AZULES ARGENTINA and LIMO in Argentina. McEwen Mining is listed in Canada, in Germany and in United States of America. Its market capitalisation is US$ 2.7 billions as of today (€ 2.3 billions). Its stock quote reached its highest recent level on April 08, 2011 at US$ 9.87, and its lowest recent point on July 29, 2022 at US$ 0.32. McEwen Mining has 337 054 594 shares outstanding. |
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3/9/2015 | McEwen reports 4Q loss |
3/9/2015 | McEwen Mining 2014 Operating & Financial Results |
3/9/2015 | Announcement: Mcewen Mining Q4 & Full-Year 2014 Conference C... |
3/9/2015 | Announcement: Mcewen Mining Q4 & Full-Year 2014 Conference C... |
2/24/2015 | BHP Billiton 1H15 Results Weak, Down Y/Y on Headwinds - Anal... |
2/13/2015 | Rio Posts Weak 2014 Results, Falls Y/Y on Market Headwinds -... |
1/15/2015 | McEwen Mining Reports Record Production in 2014 |
1/15/2015 | McEwen Mining Reports Record Production in 2014 |
1/2/2015 | Rob McEwen, Chairman & Chief Owner Exercises Stock Options i... |
12/22/2014 | Rob McEwen, Chairman & Chief Owner Exercises Stock Options i... |
1/20/2012 | and Minera Andes Shareholders Vote to Approve Business Combi... |
1/14/2012 | Responds to Settlement Offer Regardi |
12/21/2011 | Rob McEwen Letter to Shareholders of US Gold and Minera Ande... |
11/28/2011 | Announces Positive Preliminary Feasibi =?ISO-8859-1?Q?lity=2... |
9/23/2011 | and Minera Andes Enter Into Arrangement Agreement to Form Mc... |
5/18/2011 | Exploration Continues to Deliver Growth at El Gallo & Surrou... |
7/19/2010 | Options Listed on Chicago Board of Options Exchange |
6/7/2010 | Annual General Meeting of Shareholders |
5/25/2010 | El Gallo MetallurgicalResults Demonstrate Excellent Silver R... |
5/18/2010 | El Gallo Drilling Expands Silver Mineralization 100 Meters t... |
4/26/2010 | El Gallo Continues to Impress |
4/16/2010 | Announces Positive Preliminary Economi =?ISO-8859-1?Q?c=20As... |
4/1/2010 | Announces 26% Increase in Measured and Indicated Resources a... |
10/14/2009 | Nevada Delivers Good Drill Results |
9/15/2009 | Added to the S&P/TSX Global Gold Index & S&P/TSX Global Mini... |
8/5/2009 | Impressive Results Continue at El Gallo in Three Areas |
6/10/2009 | Rob McEwen Invites Investors to US Gold's =?ISO-8859-1?Q?=20... |
5/31/2009 | in New York City |
5/26/2009 | Announces the Closing of Over-Allotment of Common Stock |
5/19/2009 | Announces the Closing of Its Public Offering of Common Stock |
12/3/2008 | Luncheon Dec 17, 2008 |
11/21/2008 | Dow Jones Article: US Gold |
8/25/2008 | Exploration News Release |
8/6/2008 | Outlines Nevada Exploration Program |
7/7/2008 | Mexico Exploration Update |
6/24/2008 | Mexico Exploration Update |
5/14/2008 | 2008 US Gold AGM |
3/25/2008 | Mexico Exploration Update |
11/20/2007 | Ann Carpenter has stepped down as President |
10/5/2007 | Nevada Exploration Update |
7/3/2007 | Completes Acquisitions of Target Companies! |
7/4/2007 | & Lexam CEO Rob McEwen Appointed to the Order of Canada; Can... |
6/12/2007 | Open Letter to US Gold Shareholders |
6/12/2007 | Intriguing Grab Sample: Metal Value $2,200 Per Ton(i) |
6/5/2007 | Announces Annual General Meeting |
4/13/2007 | Canadian Acquisition Corporation TSX Listing Approved |
4/10/2007 | Encouraging Results; Best Grade: 0.73 Opt Over 5 Ft. |
3/13/2007 | Reminds Shareholders of White Knight Resources, Nevada Paci... |
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