McEwen Mining (NYSE: MUX) (TSX: MUX) Subsidiary Poised to Potentially Become Next Copper Unicorn

PRESS RELEASE
Published February 17, 2023

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset-rich diversified gold and silver producer in the Americas with large exposure to copper through its 68%-owned subsidiary McEwen Copper. The company recently reported rich copper values over attractive widths, resulting from infill drilling at its Los Azules project. "Located in San Juan, Argentina, Los Azules is a large porphyry copper-gold-silver deposit expressing great potential, with ultimate depth and lateral extents yet to be fully determined... McEwen Copper resumed its drilling program in October 2022. It is designed to increase drill hole density and upgrade the copper resource classification to better understand the payback pit design. Also, the program will provide metallurgical, hydrological and geotechnical data to facilitate mine design and to determine how much larger the deposit could be," a recent article reads. "Most mined copper is currently used in infrastructure and new critical demand emerging for use in electrification of transportation and the global energy transformation. McEwen Copper is expected to be a game changer, potentially becoming the world's next copper unicorn, and thus turbocharging McEwen Mining's share value."

To view the full article, visit https://ibn.fm/iRVjb

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns 68% of McEwen Copper, which owns the large, advanced-stage Los Azules copper project in Argentina. The company's goal is to improve the productivity and life of its assets with the objective of increasing its share price and providing a yield. McEwen's chair and chief owner has personally provided the company with $220 million and takes an annual salary of $1. To learn more about the company, visit www.McEwenMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company's newsroom at http://ibn.fm/MUX

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