Exhibit 99.1
March 30, 2012
Dear McEwen Mining Shareholders,
Please find the attached El Gallo Complex development update.
Phase 1 construction at the El Gallo Complex remains within budget and on schedule for first gold pour expected mid-year, 2012!
Key development highlights over the past two weeks are:
· Concrete pouring continues for process plant foundation
· Crushing and process plant equipment arrives on site
· Administration building nears completion
· Final grading preparations for heap leach pad expansion nears completion
To view the El Gallo Development Photo Update, please click here.
For further information contact: |
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Jenya Meshcheryakova | Mailing Address |
Investor Relations | 181 Bay Street Suite 4750 |
Tel: (647) 258-0395 ext 410 | Toronto ON M5J 2T3 |
Toll Free: (866) 441-0690 | P.O. Box 792 |
Fax: (647) 258-0408 | E-mail: info@mcewenmining.com |
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MUX El Gallo Complex Development Photo Update March 30, 2012 MCEWEN MINING |
2 Process plant foundation. |
3 Process plant foundation. |
4 Crushing plant equipment arriving on site. |
5 Crushing plant equipment arriving on site. |
6 Process plant equipment arriving on site. |
7 Process plant equipment arriving on site. |
8 Process plant equipment arriving on site. |
9 Process plant equipment arriving on site. |
10 Administration building nears completion. |
11 Heap leach pad expansion being prepared for clay lining. |
12 Samanegio open pit mining continues. |
MUX For further information please contact: Jenya Meshcheryakova Investor Relations Tel: (647) 258-0395 Toll Free: (866) 441- 0690 Fax: (647) 258-0408 Email: info@mcewenmining.com MCEWEN MINING |