Day: March 1, 2022

The Press Release refers to the following matters: a) the cancellation of approval of extraction permits; b) declaring the Honduran territory free of open pit mining; c) pursuant to the approval of a mining moratorium for metallic and non-metallic exploration and extraction, environmental licenses, permits and concessions will be reviewed, suspended and cancelled; and d) areas of high ecological value will be taken over by the government to ensure their conservation.

Tim Maunula, P.Geo., Principal of T. Maunula & Associates Consulting Inc. commented: “We sincerely regret the miscalculation. It needs to be emphasized, however, that the data used in the model is sound and has been checked and verified and the grade estimation is also accurate.”

Dan Symons, Vice President, Corporate Development & Investor Relations stated: “2022 was a solid year operationally, as we achieved record annual production, which led to record annual revenue and record annual cash flow. We achieved above our production guidance at La Colorada, near the top of production guidance at El Castillo and San Agustin and near the mid-point of our production guidance at Florida Canyon.”

Mexican Gold Mining Corp. is pleased to announce the appointment of Julie Van Baarsen as Chief Financial Officer of the Company effective today’s date.

McEwen Mining Inc. today reported fourth quarter and full year results for the period ended December 31, 2021.