McEwen Inc. announced on September 2, 2025, that drilling at its Fox Complex’s Grey Fox Project continues to yield attractive gold grades and widths. Highlights from the Gibson Expansion Zone include 10.1 g/t gold over 5.8 meters from drillhole 25GF-1597 and 10.4 g/t gold over 5.6 meters from 25GF-1564. From the Grey Fox South (GFS) zone, drillhole 25GF-1575 returned 4.8 g/t gold over 14.9 meters.
These recent intercepts support resource growth ahead of an updated resource estimate for Grey Fox, which is expected to be published in October 2025. The updated 3D mineralization model incorporates these new results, and with mineralization remaining open, Grey Fox shows significant potential for further resource expansion.
The company anticipates publishing a Pre-feasibility Study (PFS) for Grey Fox in Q1 2026. McEwen Inc. emphasized that these gold-focused projects, along with underground development at Stock Mine and Froome West, position the company to increase gold production and lower costs in 2026, with Grey Fox being a key project for long-term growth.
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