McEwen Mining reports first quarter production results

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Officials from McEwen Mining are reporting consolidated production for the first quarter of this year of 23,300 gold ounces and 493,200 silver ounces, or 30,600 gold equivalent ounce (GEOs), compared to 35,100 GEOs in the first quarter of  2020. All operations delivered production in line with budget. Production is expected to increase over the balance of the year and to be 20-40 per cent greater than 2020.
Black Fox  produced 5,200 GEOs during the period, compared to 8,300 GEOs in the first quarter of last year. Mining at Black Fox has begun transitioning to the Froome deposit, where a progressive ramp-up is planned through the third quarter, with commercial production expected in the fourth quarter of the year.

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