06:36 AM EDT, 10/22/2025 (MT Newswires) -- McEwen (MUX.TO, MUX) Wednesday said it has intersected "significant mineralization" at Windfall, part of the company's Gold Bar mine complex in Nevada.

Highlights of the drill results include 2.4 grams per tonne oxide gold over 74.7 meters and 6.1 g/t high-grade gold over 6.1 m.

Drilling at Windfall is part of McEwen's efforts to increase gold resources, extend mine life and lower production costs at the Gold Bar mine. The company said the latest drilling results confirmed its view that there is an opportunity to meaningfully increase the gold resources and incorporate them into the plan for the Gold Bar mine.

Windfall was acquired by McEwen as part of the Timberline Resources purchase in 2024. At the time of acquisition, Timberline had published a resource estimate for the Eureka property that contained 423,000 ounces gold in the measured and indicated categories and 84,000 ounces gold in the inferred category. The Windfall area was not included in the previous resource estimate.

McEwen's share price at last look fell 2.6% to $19.25 in U.S. pre-market trading Wednesday.