- McEwen’s 2023 PEA marks a turnaround from the 2017 PEA, which previously focused on the construction of a mine with a conventional mill and floatation concentrator
- The 2023 PEA preparation was guided by three fundamental principles: environmental footprint, reduced permitting risk, and cathode production
- McEwen’s management is optimistic that the new direction will draw the company closer to achieving its full and substantial potential, paying off monetarily while reducing the company’s upstream environmental impacts
McEwen Mining (NYSE: MUX) (TSX: MUX), an asset-rich diversified gold and silver producer in the Americas, just announced its reframed approach to sustainable innovation for its 2023 Preliminary Economic Assessment (“PEA”) on its Los Azules Copper Project in San Juan, Argentina. This approach marks a turnaround from the 2017 PEA, which previously focused on the construction of a mine with a conventional mill and flotation concentrator responsible for producing a concentrate for export to international smelters (https://ibn.fm/BdCIa).
This 2023 PEA technical report was prepared by Samuel Engineering Inc., guided primarily by three principles- McEwen’s environmental footprint, reduced permitting risk, and producing cathodes. It proposes a heap leach project using solvent extraction-electrowinning (“SX/EW”) to produce…
NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX
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