InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Investee Goliath Resources Reports Major High-Grade Gold Discovery at Surebet

July 07, 2025 at 09:05 AM EDT

McEwen Mining (NYSE: MUX) (TSX: MUX), a key strategic investor in Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (FSE: B4IF), stands to benefit as Goliath announces a major high-grade gold discovery within a newly identified rock package at the Bonanza Zone on its 100%-controlled Golddigger Property in British Columbia’s Golden Triangle. Drill hole GD-24-280 returned 8.31 g/t Au over 23 meters, including 15.69 g/t Au over 11 meters and 37.45 g/t Au over 4 meters, from a calc-silicate altered breccia zone containing visible gold that had not been previously sampled. This marks the third distinct mineralized rock package discovered at Surebet, alongside stacked gold veins and high-grade RIRG dykes. With 60 out of 64 holes in 2024 showing visible gold and a 60,000-meter drill program underway, Goliath aims to expand the Surebet Discovery both laterally and to depth, including targeting a deep-seated magmatic gold source referred to as the “Motherlode.” McEwen’s equity interest aligns it with the project’s expanding discovery potential.

To view the full press release, visit https://ibn.fm/YocsI

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7% of McEwen Copper, which is developing the large, advanced-stage Los Azules copper project in Argentina. The company’s goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, chair and chief owner, has a personal investment in the company of $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at https://ibn.fm/MUX

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer

InvestorWire
Austin, Texas
www.InvestorWire.com
512.354.7000 Office
Editor@InvestorWire.com

About Us

Additional Information

Website & Technical Help

InvestorNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Investee Goliath Resources Reports Major High-Grade Gold Discovery at Surebet

More News