McEwen Mining Inc (MUX): " replacement value of only the fully pe...

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McEwen Mining Inc (MUX)

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Friday, 10/06/2017 1:48:31 PM

Friday, October 06, 2017 1:48:31 PM

" replacement value of only the fully permitted 2,400 tpd mill and tailings facility is well above the purchase price. Since 2014 capital investment and exploration at Black Fox totalled over US$120 million(1). As part of the acquisition, we will also gain access to US$150 million of development and exploration pools that can be applied to reduce taxable income generated from within Ontario."

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