---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-124286"
form_type: "8-K"
ticker: "MUX"
cik: "0000314203"
company_name: "McEwen Inc."
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:22:03.307432+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# McEwen secures El Gallo permit; construction mid-2026, first gold mid-2027

## Summary
- Mexican government granted extension of Environmental Impact Assessment for El Gallo Mine.
- Phase 1 mill construction targeted to start mid-2026; first gold pour expected mid-2027.
- Phase 1 expected to produce ~20,000 GEOs annually; remaining capital costs $25M.
- Ball mill already purchased and onsite; Phase 2 to target in-situ silver deposits.
- Historical silver resources: 53.1M oz M&I and 31M oz inferred (not current); update planned for 2026.

## SEC filing metadata
- accession: 0001104659-25-124286
- form_type: 8-K
- ticker: MUX
- cik: 0000314203
- company_name: McEwen Inc.
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/314203/000110465925124286/0001104659-25-124286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/314203/000110465925124286/tm2534273d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-124286
- JSON: https://secwatch.observer/filing/0001104659-25-124286.json
- Plain text: https://secwatch.observer/filing/0001104659-25-124286.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.