McEwen files NI 43-101 prefeasibility report for Grey Fox project in Ontario Fox Complex
Reuters2026/07/22 16:12By:Reuters
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- McEwen filed NI 43-101 technical reports for the Grey Fox project in Ontario plus Lookout Mountain and Windfall deposits in Nevada.
- Grey Fox prefeasibility study outlines a 15-year mine life through 2041; probable reserves of 980,300 oz gold.
- Base case at USD 3,000/oz: cash costs USD 1,833/oz; AISC USD 2,212/oz; post-tax NPV (5%) USD 282 million; IRR 24.8%.
- Enhanced case at USD 4,500/oz: post-tax NPV (5%) USD 841 million; IRR 55%; payback 2.3 years.
- Lookout Mountain and Windfall resources total 629,800 oz indicated gold; 262,000 oz inferred; pit-constrained at USD 3,000/oz with mostly oxide material.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. McEwen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221212PRIMZONEFULLFEED9766434) on July 22, 2026, and is solely responsible for the information contained therein.
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