Mcewen copper options elder creek project to rio tinto

Toronto, sept. 06, 2022 (globe newswire) -- mcewen copper inc., a subsidiary of mcewen mining inc. (nyse: mux) (tsx: mux), is pleased to announce that it has entered into a binding term sheet with kennecott exploration company (“kex”), a subsidiary of rio tinto, for an option to earn a 60% interest in and joint venture the elder creek property in nevada (see figure 1) by spending us$18 million.
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