Toronto, Canada, Dec 17, 2012 - (ABN Newswire) - McEwen Mining Inc. (NYSE:MUX - News) (TOR:MUX.TO - News) is pleased to announce that it has strengthened its operations team with the recent hiring of Fernando Aguilar, as Operations Manager (Mexico), Luke Willis, as Director Resource Modeling and Nigel Fung, as Director Mine Planning.
"These key additions strengthen our growing operational team as we bring on new production in Mexico and Nevada. I am delighted to welcome Fernando, Luke and Nigel to McEwen Mining. We have large ambitions and our growing management team will enable us to achieve our goals," stated Rob McEwen, Chief Owner.
These three individuals bring a wealth of experience to McEwen Mining.
Fernando Aguilar prior to joining McEwen Mining, was Goldcorp's Operations Manager at the Penasquito mine in Mexico, one of the largest precious metal mines in North America. Fernando performed a key role during both the construction and commissioning of the Penasquito mine. Prior to his time spent at Penasquito, he served as the Mine General Manager at Goldcorp's El Sauzal mine also in Mexico. Prior to joining Goldcorp, Fernando served as Pan American Silver Corp.'s Operational Manager at the Alamo Dorado mine in Mexico. Fernando's experience will be a tremendous asset for McEwen Mining as the Company completes commissioning of El Gallo Phase 1 and begins construction of Phase 2.
Luke Willis prior to joining McEwen Mining, served as the Resource Geologist at Goldcorp's Red Lake mine in northwestern Ontario. The Red Lake mine is considered to be the highest grade gold mine in the world. While at Goldcorp, Luke was primarily responsible for reviewing and publishing geological resource estimates for the mine and he worked underground on gold grade reconciliation and mining dilution. Also, Luke served as a Geologist at Barrick Gold's Hemlo mine in northwestern Ontario. Luke will be responsible for our resource modeling and estimates.
Nigel Fung joins McEwen Mining from Tetra Tech (formerly Wardrop Engineering) where he served as a Consulting Mine Engineer. During his tenure at Tetra Tech, Nigel focused on open pit optimization, life of mine production schedules and capital and operating costs at various projects around the world. Also, Nigel served as Mine Planning and Project Engineer at IAM Gold's Rosebel Gold mine in Suriname, which in 2011 produced 385,000 ounces of gold. Nigel will be responsible for our long range mine planning.
McEwen Mining also wanted to take this opportunity to wish its shareholders a Merry Christmas and a Golden New Year!
About McEwen Mining :
The goal of McEwen Mining (TSE:MUX.TO - News) (NYSE:MUX - News) is to qualify for inclusion in the S&P 500 in 2015 by creating a high growth, low-cost, mid-tier gold producer focused in the Americas. McEwen Mining's principal assets consist of the San Jose mine in Santa Cruz, Argentina (49% interest); the El Gallo complex in Sinaloa, Mexico; the Gold Bar project in Nevada, US; the Los Azules Copper project in San Juan, Argentina and a large portfolio of exploration properties in Argentina, Nevada and Mexico.
McEwen Mining has 267,919,384 shares issued and outstanding. Rob McEwen, Chairman, and Chief Owner, owns 25% of the shares of the Company. As of June 30, 2012, McEwen Mining had cash and liquid assets of $38 million.
McEwen Mining T: +1-647-258-0395 F: +1-647-258-0408 E: email@example.com WWW: www.mcewenmining.com Media Contact: Victor Webb Marston Webb International T: (212) 684-6601 e-mail: firstname.lastname@example.org
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