NYSE:MUXMetals and Mining
What McEwen (MUX)'s Grey Fox Pre‑Feasibility Study Means For Shareholders
McEwen Inc. recently released a Pre-Feasibility Study for its 100%-owned Grey Fox gold project near Timmins, Ontario, outlining a planned 15‑year mine life, estimated initial capital spending of $181 million, and the use of existing Fox Complex processing infrastructure.
The study outlines that Grey Fox could become the primary ore source for the Fox Complex from 2035, with management expecting life-of-mine EBITDA of around $902 million under its base-case gold price assumption.
We’ll now...