Arizona Eagle taps Hancon to engineer McCabe Mine reopening for underground drilling

Bitget2026/09/29 09:01

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Arizona Eagle Mining engaged Hancon Mining under a pre-construction engineering agreement to advance reopening the McCabe Mine for underground drilling.
Initial engineering phase capped at USD 391,344, including up to USD 326,120 in verified costs plus a 20% margin.
Work targets access via the ventilation raise, with an indicative reopening budget of about USD 3.7 million, pending engineering results.
Engineering work is expected to start around Oct. 14, 2026; underground drilling is targeted for Q3 2027 following an eight-month program.
McCabe carries a historical estimate of about 880,000 ounces of gold at 11.7 g/t plus 5 million ounces of silver at 69 g/t.

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. Arizona Eagle Mining Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202609290500NEWSFILECNPR____20260929_316500_1) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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