06:44 AM EDT, 03/23/2026 (MT Newswires) -- McEwen Mining (MUX.TO) on Monday reported a mineral resource estimate for the Tartan gold mine project in Manitoba, which is expected to contribute to the company's goal of doubling production to 250,000 to 300,000 gold ounces by 2030.

The MRE outlines 308,900 indicated gold ounces and 302,700 inferred gold ounces, calculated using a gold price of US$3,000 per ounce.

The MRE showed good potential to increase the size of the resource through additional drilling immediately around the resource along the Western and Eastern flanks of the Main Zone, vertically at the Main and South zones, and on the adjoining Tartan West property to the west.

McEwen expects initial annual production at Tartan to average about 30,000 gold ounces.

The company believes that doubling the potential mill capacity from 500 tonnes per day to 1,000 tpd could grow production to 45,000 to 55,000 ounces per year.

McEwen is budgeting $6 million in 2026 to expand the resource and test near mine and regional drill targets. Metallurgical test work is underway to optimize process plant design, along with underground mine planning.