New High-Grade Gold Discovery at El Gallo Complex

TORONTO, ONTARIO–(Marketwired – April 2, 2013) – McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) is pleased to announce a new gold discovery, called Twin Domes, within its 100% owned El Gallo Complex, Sinaloa, Mexico. The high gold grades encountered are reminiscent of historical mining grades that occurred throughout the El Gallo Complex between 1800-1950, where approximately 180,000 ounces of gold at 20 gpt were mined. Over the next two weeks, McEwen Mining will be releasing new drill results from several additional areas within the El Gallo Complex.

Technical Information

For additional information see the technical report titled “El Gallo Complex Phase II Project, NI 43-101 Technical Report Feasibility Study, Mocorito Municipality, Sinaloa, Mexico” with an effective date of September 10, 2012, prepared by M3 Engineering along with a team of associates (the “Phase II Report”). The Phase II Report is available under the Corporation’s profile on SEDAR (www.sedar.com). The authors of the Phase 2 Report, Stan Timler – M3 Engineering, Mike Hester – Independent Mining Consultants (Reserves), Dawn Garcia – SRK Consulting (Environmental), Richard Kehmeier and Brian Hartman – Pincock Allen & Holt (El Gallo Deposit Resource), John Read – McEwen Mining consultant (Palmarito Insitu, Historic Waste Dumps and Historic tailings Resource), all of whom are qualified persons and all of whom but John Read are independent of McEwen Mining, each as defined by NI 43-101.

https://www.mcewenmining.com/investor-relations/press-releases/press-release-details/2013/New-High-Grade-Gold-Discovery-at-El-Gallo-Complex/default.aspx