McEwen says if the intercept connects to mineralization at Sock West, it would materially enlarge the boundaries of the Inventory West system.
The host lithology of the Inventory West mineralization, which was intersected by gap S21-202 was additionally not too long ago encountered within the footwall of the Inventory mine.
On the Froome mine, 317 underground drill holes had been accomplished this yr to delineate the orebody. Bulk mining started earlier this yr with outcomes which have met expectations for gold grade, dilution and whole ounces produced. The Froome mine is 900 metres west of the Black Fox open pit and is anticipated to elongate the lifetime of the Fox complicated by not less than 2.5 years past its present 10 years.
McEwen is engaged on a preliminary financial evaluation for the growth of the Fox complicated, and it’s within the closing phases of preparation.
The corporate assembled the Fox complicated in 2017 with the takeover of Lexam VG Gold in April and the acquisition of the Inventory and Black Fox properties in October.
(This text first appeared within the Canadian Mining Journal)