McEwen Mining Inc. (MUX.TO)
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- GlobeNewswire
McEwen Copper Options Elder Creek Project to Rio Tinto
Figure 1 Elder Creek property location map TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to announce that it has entered into a binding term sheet with Kennecott Exploration Company (“KEX”), a subsidiary of Rio Tinto, for an option to earn a 60% interest in and joint venture the Elder Creek property in Nevada (see Figure 1) by spending US$18 million. The principal terms of the agreement are: KEX will have the
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