other material
confidence high
sentiment positive
materiality 0.70
McEwen reports Tartan Mine gold resource of 308,900 oz Indicated and 302,700 oz Inferred
McEwen Inc.
- Indicated: 308,900 oz (2.62M tonnes @ 3.67 g/t); Inferred: 302,700 oz (2.83M tonnes @ 3.32 g/t) using US$3,000/oz gold.
- Exploration budget of $6 million in 2026 to expand resource and test near-mine targets.
- Targets initial production ~30,000 oz/yr at 500 tpd; potential to 45,000-55,000 oz/yr at 1,000 tpd.
- Part of goal to double total production to 250,000-300,000 oz gold by 2030.
- Metallurgical test work and mine restart evaluation underway; reviewing environmental licenses.