McEwen Inc. announced final drill results for the Tartan Mine Project near Flin Flon, Manitoba. The updated Mineral Resource Estimate is expected by end of February, targeting production doubling by 2030. Recent results show 7.5 gpt gold over 18.9 meters, expanding resource size and high-grade gold potential.
The Western Flank at Tartan Mine has been a focus of exploration, showing significant drill intercepts. Ongoing drilling aims to increase ounces per vertical meter for higher annual gold production. The Main Zone at Tartan has expanded both in strike length and depth, with additional drill results further expanding gold mineralization.
McEwen has allocated $3 million for exploration at Tartan in 2026, with potential to increase funding. Opportunities exist in the Eastern Flank, Main Zone depth, South Zone, and Tartan Lake Shear Zone. Since 2023, 35 of 39 drill holes successfully intersected potentially economic mineralization at the Main Zone.
Tartan Mine, located near Flin Flon, Manitoba, produced 47,000 ounces of gold before shutting down in the late 1980s. Recent exploration results and planned investments position Tartan as a key growth driver for McEwen. The company aims to double production by 2030 and develop a lower cost, long-life mine at Tartan.
McEwen provides shareholders exposure to gold, silver, and copper projects in the Americas. The company’s interest in the Los Azules copper project in Argentina is valued at US$456 million. McEwen is also investing in Paragon Advanced Labs Inc., deploying new metal assaying technology. Chairman Rob McEwen is focused on building profitability and shareholder value.
Read more at GlobeNewswire: Step-Out Drilling At McEwen’s Newly Acquired Tartan Mine
