01:57 PM EDT, 05/16/2024 (MT Newswires) -- McEwen Copper, 47.7% owned by McEwen Mining ( MUX ) , on Thursday highlighted assay results from the completed drill season at the Los Azules project in Argentina.

The company said the initial interpretation suggested that infill drilling would increase the measured and indicated resources and an overall mineral inventory within 5% of the PEA estimate.

Among the highlights, hole AZ23292 returned an intercept of 349 meters of 0.77% copper. The Enriched zone portion of this hole extends over 346 meters and includes an intercept of 232 meters of 0.86% copper. Hole AZ23277 has an intercept of 382.5 meters of 0.54% copper.

The Enriched zone portion of this hole extends more than 306 meters with a grade of 0.61% copper and includes an intercept of 74 meters of 0.86% copper.

Testing for extensions beyond the planned pit has encountered mineralization both to the north and to the south. Primary mineralization was intercepted over 400 meters north of last year's deep exploration hole, confirming its extension at a depth of a significant distance to the north.

Also, exploration south of the planned pit has intercepted the principal mineralized intrusive more than 700 meters south of previous drill intercepts and indicated that prospective intrusives continue well to the south of the pit.

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