McEwen Mining 2024 production 135,900 GEOs within guidance; 2025 forecast 120,000-140,000 GEOs

McEwen Inc.

2024 consolidated production 135,900 GEOs (Gold Bar 44,600, Fox 30,150, San Jose 60,100).
Fox Complex missed 2024 guidance due to early-year stope failure; Stock mine ramp access delayed to early 2026.
2025 guidance: 120,000-140,000 GEOs; cash costs $1,550-1,750/GEO, AISC $1,800-2,000/GEO.
Gold Bar first-half 2025 lower due to waste stripping; Pick pit stripping expected to boost second-half ore.
Issued 868,056 MUX shares to Goliath Resources in exchange for 5,181,347 GOLIATH shares + 2,590,674 warrants.

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