Mr. Rob McEwen reports

MCEWEN MINING ANNOUNCES FIRST GOLD POUR AT EL GALLO PHASE I IN MEXICO

McEwen Mining Inc.'s El Gallo phase 1 in Sinaloa state, Mexico, has achieved its first gold production. The mine, which is 100 per cent owned by McEwen Mining, is expected to produce 10,000 ounces of gold during the balance of this year. In 2013, the annual production is forecasted to be 30,000 ounces of gold.

The El Gallo phase 1 is proceeding with the remaining commissioning activities, with commercial production anticipated to be achieved late this year.

The El Gallo phase 2, where a feasibility study was completed on Sept. 10, is forecasted to produce an additional 5.2 million ounces of silver and 6,000 ounces of gold per year, for combined production of 135,000 ounces of gold and gold equivalent per year.

"We are excited to see our second mine start production. I believe McEwen Mining is at a critical point where we begin to deliver on our promise of production growth. Our objective is to increase production from 105,000 ounces of gold and gold equivalent in 2012 to 290,000 ounces of gold and gold equivalent in 2015. I would like to thank all of our employees and contractors, who played an important role in the construction of the mine," said Rob McEwen, chief owner.

The firm responsible for the EPCM (engineering, procurement, construction and management) of El Gallo phase 1 is Sonoran Resources of Hermosillo, Mexico.

Photos and videos showing El Gallo phase 1 construction can be viewed at the company's website.

Technical information

The technical contents of this news release have been reviewed and approved by William Faust, PE, chief operating officer of the company and a qualified person as such term is defined by Canadian Securities Administrators' National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

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