Northwire Canada EditionThursday, November 12, 2026
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Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7% Gold 4,000.50 −0.7% Silver 52.00 +1.5% Copper 6.27 +0.5% Oil 86.53 +0.6% Palladium 1,030.00 +0.9% TIG 0.800 +0.0% RVG 0.715 −4.0% FNV 354.26 −2.4% FDY 4.30 −0.5% MAU 16.05 −3.2% VOXR 6.78 −0.6% TLO 7.04 −1.0% NICU 1.95 −5.8% VTEN 0.440 +0.0% AWM 0.025 +0.0% OR 50.79 −1.8% AUXX 5.30 −5.5% TNR 0.420 +40.0% ORCL 0.030 +0.0% ELD 47.71 −5.4% OPW 0.140 −6.7%
Drill Results

McEwen drills 44.2 m of 5.55 g/t Au at Windfall

By The Northwire Desk — AI Analysis Jan 27, 2026 · 13:59 MUX · 36.92 McEwen Inc.
MUX · Price

Executive Summary

  • McEwen Inc. reported significant drill results from the Gold Bar mine complex in Nevada, highlighting the transformation of the asset into a long-life operation.
  • The best hole drilled by the company to date at the Windfall deposit returned 5.55 g/t gold over 44.2 meters, including high-grade oxide mineralization.
  • The company is advancing three deposits (Windfall, Lookout Mountain, and Unity Ridge) toward production, with a goal to double production by 2030 and a planned $10-million exploration investment in 2026.

Key Details

  • Windfall Drill Results (WF110): Intersected 5.55 g/t gold over 44.2 meters, including 48.38 g/t gold over 4.6 meters of oxide mineralization.
  • Historical Context & Continuity:
    • Previous hole WF039: 2.43 g/t gold over 74.7 meters.
    • Previous hole WF037: 1.70 g/t gold over 64.0 meters.
    • Previous hole WF119: 1.14 g/t gold over 67.1 meters.
    • Deeper historical hole EUR-P-237 (approx. 40m below current results): 3.75 g/t gold over 42.7 meters, indicating mineralization is open to expansion at depth.
  • Exploration Plans: Drilling is planned for March to target deeper extensions at Windfall.
  • Resource Estimates: A mineral resource estimate for Lookout Mountain is expected to be published at the end of February. Initial mineral resource estimates for Windfall and Unity Ridge are also planned.
  • 2026 Strategy:
    • Approximately $10-million planned for exploration at Gold Bar in 2026.
    • Development work (metallurgical studies, mining designs) will continue for Windfall, Lookout Mountain, and Unity Ridge to advance toward a production decision.
    • Unity Ridge is within the current plan of operations; Windfall is on private land, allowing for accelerated permitting.
  • Strategic Goal: Convert exploration success into a long-life asset by integrating Windfall, Lookout Mountain, and Unity Ridge into production plans, leveraging existing infrastructure for oxide mineralization.

Notable Quotes

  • "McEwen Inc. has released new drill results from the Gold Bar mine complex in the Eureka mining district of Nevada, which continue to highlight the mine's transformation into a potential long-life operation."
  • "The company believes there is good potential to continue expanding the mineralization with additional investment."
Read the original news release →

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Drill Results