Mining Project

Los Azules

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General Information

  • Investment Company:  MCEWEN MINING INC.
  • Operating Company:  MCEWEN COPPER
  • Source of Capital:  Canadá
  • Address:  Av. José Ignacio de la Roza Oeste 1240 - (5400) - Ciudad de San Juan - San Juan - Argentina
  • Phone:   -
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Project Details

– Location

Calingasta - San Juan Province

– Description

Copper cathodes

– Minerals

Copper

– Stage

Scoping study

– Capital Cost

$2,500,000,000.00

– Mine Operation

Open pit

– Processing

Heap Leaching

– Average Annual Production

Production: 175.000 tn/yr of grade A copper cathodes

– Remaining Life

27 Years

– Resources & Reserves

Indicated resource: 10.9 billion pounds of copper, 0.46 Moz of gold and 10 Moz of silver; Inferred resource: 26.7 billion pounds of copper, 4.24 Moz of gold and 149.1 Moz of silver

Project Photos

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Additional Comments

Financings 2022-2023 in McEwen Copper US$25 million (Nuton - Rio Tinto) / AR$30,000 million (Stellantis) / US$30 million (Nuton - Rio Tinto) / AR$42,000 million (Stellantis) / / US$10 million (Nuton - Rio Tinto) // Nuton and Stellantis participant with 14.5% and 19.4% of McEwen Copper, respectively.

• Plans for 2023-2026 • Environmental Impact Assesment submitted • Feasibility Study early 2025 (45 km drilling, metallurgical, geotechnical, hydrogeological, engineering studies, engineering design) • Pre-construction Work in 2026