FAQ: McEwen Inc. Reports Goliath Resources' High-Grade Gold Discovery at Surebet
Summary
McEwen Inc. highlights Goliath Resources' exceptional drill results at the Surebet discovery, intersecting 10.60 g/t gold over 22.82 meters, reinforcing its potential as a significant new gold find in British Columbia's Golden Triangle.
What is the main topic of this announcement?
McEwen Inc. is reporting high-grade gold assay results from its strategic holding Goliath Resources Limited at the Surebet discovery on the Golddigger Property in British Columbia’s Golden Triangle.
What were the specific drill results mentioned?
Drill hole GD-25-337 returned 10.60 g/t gold over 22.82 meters, including 15.19 g/t Au over 15.71 meters, with subintervals of 37.28 g/t Au over 3.36 meters and 36.11 g/t Au over 3.08 meters.
Where is the Surebet discovery located?
The Surebet discovery is located on Goliath Resources’ 100% controlled Golddigger Property in the Golden Triangle region of British Columbia.
Why is this discovery significant?
Management states that Surebet continues to deliver exceptional high-grade gold results, reinforcing its potential as one of the most important new discoveries in the Golden Triangle since Eskay Creek.
What is the current drilling program status?
Goliath has drilled 65 holes totaling 45,000 meters this season, with 50 holes and roughly 15,000 meters remaining, and is on track to complete its up to 60,000-meter 2025 program with nine rigs active.
What is McEwen Inc.’s business focus?
McEwen provides shareholders with exposure to gold, copper and silver in the Americas through three operating mines in the USA, Canada and Argentina, plus a large copper development project in Argentina and a mine on care and maintenance in Mexico.
Who is Rob McEwen and what is his role?
Rob McEwen is Chairman and Chief Owner who has personally invested US$205 million in the companies, takes a $1/year salary, and is a recipient of the Order of Canada and member of the Canadian Mining Hall of Fame.
Where can I find more information about McEwen Inc.?
The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX, and the full press release can be viewed at https://ibn.fm/PfKa3.
What are McEwen’s stock trading symbols?
McEwen’s shares are publicly traded on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol “MUX”.
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