McEwen Mining Intersects 0.70% Copper over 150 Meters at Los Azules

McEwen Mining Inc. (NYSE:MUX, TSX:MUX) announced assay results from drilling at the Los Azules copper project in Argentina, which has returned significant intercepts of high to medium grade copper mineralization over long intervals.

As quoted in the press release:

• Drilling west of the resource has intersected high-grade copper mineralization in Hole 12114, returning 0.70% copper over 150 meters. This hole was located on the periphery of the resource and continues to extend what is becoming an important new parallel trend.
• Hole 1297, which was drilled on the western edge of the resource, returned 0.50% copper over 414 meters, including 1.07% over 54 meters. In addition to Hole 12114, this hole helps demonstrate that there is excellent potential to increase the size of the resource.
• Drilling below the previously known resource successfully extended the depth of the mineralization by over 300 meters in Hole 1295, returning 0.49% copper over 338.5 meters. This result was part of a longer intercept that went through two known zones of mineralization. The overall intercept from this hole was 0.51% copper over 618.5 meters.

McEwen’s Chief Owner, Rob McEwen, said:

These results continue to illustrate the growth potential of this world class copper asset. Los Azules is both large and high-grade, which makes it unique among the world’s undeveloped projects.

To view the whole press release, click here.