MUX is pleased to announce that it has completed the purchase of the Afgan-Kobeh property in Nevada for $450,000 in cash. Afgan-Kobeh is an attractive acquisition for McEwen Mining because it hosts a near surface, oxide gold resource in close proximity to our Gold Bar Complex which is expected to begin development in 2017.

http://globenewswire.com/news-release/2016/02/24/813555/0/en/McEwen-Mining-Acquires-Property-in-Nevada.html?ev=1