Mr. Rob McEwen reports

IAN BALL PROMOTED TO PRESIDENT OF MCEWEN MINING

McEwen Mining Inc. has promoted Ian Ball from senior vice-president to president of the company. Mr. Ball has been with the company since late 2005 and has been instrumental in advancing the development of the company's Mexican assets. In particular, the discovery of El Gallo 2 silver deposit, and restarting of El Gallo 1 gold mine and its current expansion. All work has been completed under budget and on schedule.

"It is my pleasure to announce Ian's promotion to president. This is a well-earned promotion. Having worked closely with him since 2004, I have watched him grow into a capable leader of both people and projects. I believe this is a timely promotion as McEwen Mining will be entering into an exciting period of growth," stated Rob McEwen, chairman and chief owner.

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