McEwen’s expanded high-grade Froome mine zone: resource and scheduling notes for engineers
Reviewed by Tom Sullivan

First reported on MINING.com
30 Second Briefing
McEwen Mining reports that new drilling at the Froome mine in northern Ontario has increased the high-grade gold zone by about 45%, with hole 25PR-G467 returning 31 metres at 7.7 g/t from 298 metres and 25PR-G478 cutting 15 metres at 6.1 g/t from 328 metres. Mineralisation has been extended 100 metres vertically and up to 50 metres west in the Froome West zone, remains open at depth, and is being tested by four active surface diamond rigs. Continued success could support concurrent mining at Froome and the planned Stock mine from mid-2026, ahead of an updated Froome West resource due in February.
Technical Brief
- Hole 25PR-G454 returned 7 metres at 6.4 g/t Au from 169 metres downhole.
- Deeper hole 25PR-G487 intersected 8.1 metres at 4.6 g/t Au from 358 metres.
- The Fox complex hosts 18.6 Mt measured and indicated at 3.64 g/t Au (2.18 Moz contained).
Our Take
The reported 7–8 g/t gold intercepts at Froome West sit well above the 3.64 g/t measured and indicated grade for the broader Fox complex, which suggests scope to upgrade near-mine feed quality or extend mine life without materially increasing haul distances.
With McEwen’s market value around C$1.4 billion and Fox holding 2.18 million oz of contained gold, incremental high-grade additions at Froome could be disproportionately value-accretive compared with greenfield ounces, especially given the mid-2026 planning horizon for the complex.
Among the 54 keyword-matched gold pieces in our database, relatively few involve established Ontario camps like Timmins; McEwen’s results therefore reinforce the narrative that mature Canadian districts can still yield meaningful grade gains through focused underground drilling (four rigs active here).
Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.
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