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McEwen Mining Inc.

10:40 AM EST - McEwen Mining Inc. : Reported new positive exploration drill results from surface drilling in the Grey Fox Area within the Black Fox Property near Timmins, Ontario. Assay results have been received for seven holes, with assays pending for an additional 13 holes. The drill results reported today show positive results from two targets in the Grey Fox Area. Key intercepts include: 10.33 g/t Au over 4.36 m (0.33 opt Au over 14.30 ft) including 14.33 g/t Au over 1.45 m (0.46 opt Au over 4.76 ft), and 9.02 g/t Au over 1.45 m (0.29 opt Au over 4.76 ft); 4.32 g/t Au over 7.27 m (0.14 opt Au over 23.85 ft) including 14.45 g/t Au over 0.73 m (0.46 opt Au over 2.40 ft). McEwen Mining Inc. shares T.MUX are trading up $0.11 at $1.79.