McEwen Updates Development and Operating Activities for Q1

McEwen Mining Inc. (TSX:MUX,NYSE:MUX) announced project updates for first quarter 2012.

As quoted in the press release:

Final production results for the San José mine during the First Quarter totaled 20,357 ounces of gold and 1,355,678 ounces of silver or 45,936 ounces of gold equivalent (converting the silver into gold using a 53:1 exchange ratio) (100% basis). The San José mine remains on target to meet full-year production guidance of 85,000 ounces of gold and 5.7 million ounces of silver or 192,500 ounces of gold equivalent.

Click here for the McEwen Mining Inc. (TSX:MUX) press release.