McEwen Mining Inc(NYSE:MUX) Continues To Hold Promise

1229

Dallas, Texas 02/25/2014 (FINANCIALSTRENDS) – McEwen Mining Inc(NYSE:MUX) is the Toronto based Gold mining company with big presence on the stock markets in the US. The company which is also popular as the US Gold Corporation is already engaged in the exploration as well as production of precious metals. The areas in which this miner operates is Argentina, Mexico as well as US. The company will also hold interest in projects as well as properties which are located in areas such as Nevada, Mexico as well as Argentina. It currently also holds equity interest to the tune of 49% In San Jose Mines located in the Sana Cruz Province as well as Argentina.

McEwen Mining Inc (NYSE:MUX) also said that the 1,631 square miles which are part of the concessions which belong to areas such as the Western Central Mexico. One of the primary properties for the company which translates to good business is the El Gallo Complex. This is the Sinaloa State which is located off the Sierra Madre Trend and also offers high gold and silver mineralization across a host of geographies. The company now has interests which are spread across 254 miles in the Nevada region. The company has since added new properties such as the January 24, 2012, which is the Minera Andes Inc. The properties which hold high promise for the company are the Tonkin Complex. This includes areas such as the Mine Corridor, Patty, Keystone as well as Tweed.

Holds great promise

McEwen Mining Inc(NYSE:MUX) also holds position in areas called as the Gold Bar Complex. This is located off the southern parts of the Tonkin complex and is also called the Cortez Trend. The feasibility study for this area by SRK Consulting in the Gold Bar Project has proved that the approximate inclusion is 7,245 feet.  Others include Battle Mountain Complex, which is located near the Humboldt as well as the Lander Countries.