Ian Ball Promoted to President of McEwen Mining
September 13 2013 - 4:01PM
Marketwired
McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) is pleased to announce the
promotion of Ian Ball from Senior Vice President to President of
the company. Ian has been with the company since late 2005 and has
been instrumental in advancing the development of our Mexican
assets. In particular, the discovery of El Gallo 2 silver deposit
and restarting of El Gallo 1 gold mine and its current expansion.
All work has been completed under budget and on schedule.
"It is my pleasure to announce Ian's promotion to President.
This is a well earned promotion. Having worked closely with him
since 2004, I have watched him grow into a capable leader of both
people and projects. I believe this is a timely promotion as McEwen
Mining will be entering into an exciting period of growth," stated
Rob McEwen, Chairman and Chief Owner.
About McEwen Mining (www.mcewenmining.com)
The goal of McEwen Mining is to qualify for inclusion in the
S&P 500 by creating a high growth gold producer focused in the
Americas. McEwen Mining's principal assets consist of the San Jose
mine in Santa Cruz, Argentina (49% interest); the El Gallo 1 mine
and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in
Nevada, US; the Los Azules project in San Juan, Argentina and a
large portfolio of exploration properties in Argentina, Mexico and
Nevada.
McEwen Mining has 297,114,359 shares issued and outstanding at
September 13, 2013. Rob McEwen, Chairman and Chief Owner, owns 25%
of the shares of the Company (assuming all outstanding Exchangeable
Shares are exchanged for an equivalent amount of Common
Shares).
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements
and information, including "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements and information expressed, as at the
date of this news release, McEwen Mining Inc.'s (the "Company")
estimates, forecasts, projections, expectations or beliefs as to
future events and results. Forward-looking statements and
information are necessarily based upon a number of estimates and
assumptions that, while considered reasonable by management, are
inherently subject to significant business, economic and
competitive uncertainties, risks and contingencies, and there can
be no assurance that such statements and information will prove to
be accurate. Therefore, actual results and future events could
differ materially from those anticipated in such statements and
information. Risks and uncertainties that could cause results or
future events to differ materially from current expectations
expressed or implied by the forward-looking statements and
information include, but are not limited to, factors associated
with fluctuations in the market price of precious metals, mining
industry risks, political, economic, social and security risks
associated with foreign operations, risks associated with the
construction of mining operations and commencement of production
and the projected costs thereof, risks related to litigation, the
state of the capital markets, environmental risks and hazards,
uncertainty as to calculation of mineral resources and reserves and
other risks. Readers should not place undue reliance on
forward-looking statements or information included herein, which
speak only as of the date hereof. The Company undertakes no
obligation to reissue or update forward-looking statements or
information as a result of new information or events after the date
hereof except as may be required by law. See McEwen Mining's Annual
Report on Form 10-K for the fiscal year ended December 31, 2012 and
other filings with the Securities and Exchange Commission, under
the caption "Risk Factors", for additional information on risks,
uncertainties and other factors relating to the forward-looking
statements and information regarding the Company. All
forward-looking statements and information made in this news
release are qualified by this cautionary statement.
The NYSE and TSX have not reviewed and do not accept
responsibility for the adequacy or accuracy of the contents of this
news release, which has been prepared by management of McEwen
Mining Inc.
Contacts: McEwen Mining Inc. Sheena Scotland Investor Relations
(647) 258-0395 ext 410 or Toll Free: (866) 441-0690 (647) 258-0408
(FAX) www.facebook.com/mcewenrob www.twitter.com/mcewenmining
Mailing Address 181 Bay Street Suite 4750 Toronto, ON M5J 2T3 PO
box 792 info@mcewenmining.com (FAX)
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