NYSE:MUXMetals and Mining
McEwen’s Grey Fox Resource Growth And Mine Plan Versus Recent Rally
McEwen (NYSE:MUX) reported a 23% year over year increase in Indicated gold resources at its Grey Fox Project.
The company plans to fold recent property acquisitions, including the Stroud Property, into the next phase of Grey Fox development.
New high grade drill results and an accelerated underground mining approach are set to inform the updated project plan.
For investors tracking McEwen, the Grey Fox update comes on the heels of a sharp share price move, with NYSE:MUX up 17.3% over the...