Exhibit 99.1
April 13, 2012
Dear McEwen Mining Shareholders,
Please find the attached El Gallo Complex development update.
Exciting new developments at the El Gallo Complex this week: Sinaloa State Governor Mario Lopez tours the project with Rob McEwen.
First gold pour only a few months away!
Key development highlights over the past two weeks are:
· Installation of process plant equipment underway
· Retaining wall for crushing plant complete
· Crushing plant equipment arrives onsite
· Heap leach pad expansion 40% complete
· 170,000 tonnes of ore at 1.48 gpt stockpiled since December
To view the El Gallo Development Photo Update, please click here.
For further information contact: | | |
| | |
Jenya Meshcheryakova Investor Relations Tel: (647) 258-0395 ext 410 Toll Free: (866) 441-0690 Fax: (647) 258-0408 | | Mailing Address 181 Bay Street Suite 4750 Toronto ON M5J 2T3 P.O. Box 792 E-mail: info@mcewenmining.com |
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| MUX El Gallo Complex Development Photo Update April 13, 2012 MCEWEN MINING |
| 2 Rob McEwen at the inaugural road opening ribbon cutting. |
| 3 Local attendees helping to commemorate road opening. |
| 4 Rob McEwen, beside Governor of Sinaloa State, Mario Lopez, addresses crowd during inaugural road opening ceremony. |
| 5 Mario Lopez addresses local town and discusses future employment opportunities for the area. |
| 6 Local attendees helping to commemorate road opening. |
| 7 Rob McEwen, Mario Lopez and Gloria Felix (Mayor of Municipality) participating in celebration. |
| 8 Rob McEwen, Mario Lopez and Gloria Felix (Mayor of Municipality) participating in celebration. |
| 9 Mexico staff providing operational tour to government officials of El Gallo Phase 1 construction. |
| 10 Rob McEwen reviewing progress at El Gallo Phase 1. |
| 11 New administration building nears completion. |
| 12 New ADR process plant equipment being installed. |
| 13 ADR process plant foundation complete. |
| 14 New crushing equipment being assembled. |
| 15 Retaining wall for crushing plant now complete. |
| 16 Heap leach pad expansion 40% complete. |
| 17 The Big Dig: 170,000 tonnes of ore at 1.48 gpt stockpiled since December. |
| 18 Mining continues at the Sargrado Corazon deposit. |
| 19 Mining at El Gallo Phase 1 operating at full capacity. |
| 20 Back filling in foreground and mining in background. |
| 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 |
