McEwen is advancing a regional consolidation strategy centered on Gold Bar, integrating multiple nearby exploration and development assets to create a long-life Nevada production platform.
Key projects contributing to this transformation include:
Lookout Mountain
Lookout Mountain represents a significant oxide gold opportunity within the Gold Bar Mine Complex.
Recent drilling at Lookout Mountain focused on converting resources from Inferred to Measured and Indicated to advance mine planning. At the Water Well Zone, McEwen’s first drillhole returned 3.4 gpt gold over 24.1 meters (core width); the mineralization remains open to the north and east. The results continue to show oxide mineralization that could potentially be processed using the same heap-leaching technology currently used at Gold Bar.
Windfall Project
Publication of the Windfall Mineral Resource Estimate during Q2 2026 marked another milestone in Gold Bar’s transformation into a long-life mine with increased production. Drilling at Windfall also focused on conversion of resources. The drill results confirmed the overall grade and thickness of the Inferred Resources, increasing confidence in the mineralization and our production plans.
Windfall continues to provide meaningful exploration upside within the Eureka district, including additional targets beyond the current Mineral Resource Estimate.
Trinity Ridge
Trinity Ridge is located within the current limits of the Gold Bar Mine, where the Company is evaluating the potential to expand and merge three existing open pits into one larger pit.
An initial Mineral Resource Estimate is scheduled for Q1 2027, followed by permitting and mine planning. Trinity Ridge has the potential to extend the mine life of current mining operations at similar production rates for the foreseeable future, and recent drill results continue to support its development plans.
Golden Lake Acquisition
The acquisition of Golden Lake Exploration, completed in Q2 2026, further consolidates McEwen’s footprint in Nevada and its ability to advance a unified regional development plan centered on Gold Bar infrastructure. It includes the Jewel Ridge and Jewel Ridge West targets located immediately north of the Windfall project.
Together, these assets support McEwen’s strategy of transitioning Gold Bar from a standalone mine into a district-scale operation, leveraging shared infrastructure, technical teams, permitting experience, and regional logistics.