Canadian Mining Journal

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GOLD: McEwen reports first resource numbers for Stock property



All parts of the Stock, Gap zone, and Stock East property are under investigation. (Image: McEwen Mining)

ONTARIO – Toronto-based McEwen Mining has made the first estimate of resources at its Stock East deposit, part of its Black Fox complex near Timmins. The Stock property covers a 6.5 km section of the Destor-Porcupine fault, and the Stock East deposit is 700 metres east of the former Stock gold mine and mill facilities.

McEwen puts the combined pit and underground inferred resource at 1.4 million tonnes grading 2.54 g/t gold and containing 114,000 oz. of the yellow metal. For the open pit, a cut-off grade of 0.25 g/t was used, and for the underground a cut-off of 2.40 g/t.

Exploration drilling at the Stock East zone assayed as high as 25.16 g/t gold over 2.09 metres. The former mine yielded 22.15 g/t over 1.39 metres and 7.01 g/t over 2.98 metres from the depth extension of the mine. Production might start as early as 2023.

See all the drill results in the news release dated Sept. 6, 2018, posted at www.McEwenMining.com.

The Froome footwall at the nearby Black Fox gold mine has also been returning excellent intersections. One  hole intersected 53.93 g/t gold over 8.29 metres, including 322.86 g/t over 1.24 metres.