McEwen Inc. (NYSE: MUX) (TSX: MUX) has reported final drill results that will be included in an updated Mineral Resource Estimate for the Tartan Mine Project near Flin Flon, Manitoba. The company expects to complete this updated estimate by the end of February, which will support future planning as McEwen targets doubling gold production by 2030.
Recent drilling highlights include an intercept of 7.5 grams per tonne gold over 18.9 metres, extending high-grade mineralization along the Western Flank beyond previously reported results. This indicates strong potential to further expand the resource as the Main Zone widens at depth while maintaining robust gold grades. The full press release detailing these results is available at https://ibn.fm/mB9c3.
For business and technology leaders monitoring resource development and mining innovation, these results demonstrate McEwen's progress in expanding its gold production base. The company provides shareholders with exposure to growing gold and silver production across multiple regions, including the Cortez Trend in Nevada, the Timmins district of Ontario, and the Deseado Massif in Santa Cruz province, Argentina. McEwen is also considering reactivating a gold and silver mine in Mexico.
Beyond precious metals, McEwen holds a 46.4% interest in McEwen Copper, which owns the large, long-life, advanced-stage Los Azules copper development project in San Juan province, Argentina. According to the last financing for McEwen Copper, the implied value of McEwen's ownership interest is US$456 million. The Los Azules project is designed to be one of the world's first regenerative copper mines and carbon neutral by 2038. Feasibility Study results for this project were announced in a press release dated October 7, 2025, available at https://ibn.fm/MUX.
Chairman and Chief Owner Rob McEwen has invested over US$200 million personally in the company and takes a salary of $1 per year, aligning his interests with shareholders. His objective is to build McEwen's profitability, share value and eventually implement a dividend policy, as he did while building Goldcorp Inc. McEwen is a recipient of the Order of Canada, a member of the Canadian Mining Hall of Fame and a winner of the EY Entrepreneur of the Year (Energy) award.
The implications of these developments extend beyond immediate resource growth. For industry leaders, McEwen's approach represents a model of aligned leadership and strategic resource development across multiple commodities. The company's focus on both precious metals and copper positions it to benefit from diverse commodity cycles, while its commitment to regenerative mining practices at Los Azules reflects growing industry emphasis on sustainable development. As resource companies increasingly integrate technology and environmental considerations into their operations, McEwen's progress offers insights into how traditional mining companies are adapting to modern expectations while pursuing growth objectives.
