McEwen Mining Inc. Investee Goliath Resources Announces High-Grade Gold Discovery at Surebet

Goliath Resources Limited, in which McEwen Mining Inc. holds a strategic investment, has reported a major high-grade gold discovery at the Bonanza Zone on its Golddigger Property, located in British Columbia's Golden Triangle. The discovery, highlighted by drill hole GD-24-280, revealed 8.31 g/t Au over 23 meters, with sections showing 15.69 g/t Au over 11 meters and 37.45 g/t Au over 4 meters. This finding is part of a newly identified rock package, adding to the two previously discovered mineralized rock packages at Surebet. With 60 out of 64 drill holes in 2024 displaying visible gold and an ongoing 60,000-meter drill program, Goliath is focused on expanding the Surebet Discovery both laterally and in depth, including exploration of a deep-seated magmatic gold source known as the 'Motherlode'. McEwen Mining's equity interest in Goliath positions it to benefit from the project's expanding discovery potential. For more details, visit https://ibn.fm/YocsI.