Mr. Rob McEwen reports

MCEWEN COPPER STRENGTHENS THE EXPLORATION TEAM BY WELCOMING DARREN KING AS EXPLORATION DIRECTOR

McEwen Copper Inc., 52 per cent owned by McEwen Mining Inc., has appointed Darren King as exploration director. With over 35 years of international experience in all stages of copper and gold exploration across North America, Central America and South America, Mr. King brings a wealth of expertise to his new role.

Before joining McEwen Copper, Mr. King served as vice-president of exploration at INV Metals, where he made significant contributions to the successful completion of the 2018 and 2020 feasibility studies for the Loma Larga project in Ecuador, which led the company to attract a takeover from Dundee Precious Metals at a 63-per-cent premium. During his tenure, Darren also advanced regional exploration properties and ensured compliance with safety, social and environmental standards.

Before INV Metals, Mr. King held the position of mine exploration manager for South America at Barrick Gold Corp., where he played an important role in developing and implementing exploration programs near multiple mines, including Lagunas Norte, Pierina, Zaldivar and Veladero, with an approach that allowed for consistent addition of reserves and resources each year.

Over his career, Mr. King created innovative geological models that led to significant discoveries in the Dominican Republic, Panama and Argentina, such as the identification of the orebodies Monte Oculto at Pueblo Viejo and Argenta at Veladero. He holds a master of science in geology from South Dakota School of Mines and Technology, he is a registered member of Society for Mining, Metallurgy & Exploration (SME), and a qualified person under National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

Michael Meding, vice-president and general manager of McEwen Copper, stated: "We are delighted to have Darren join McEwen Copper. With his more than 27 years of working in Argentina and experience in exploring the High Andes, we believe that his expertise and track record of success will play a key role in further enhancing Los Azules, which is already ranked as a top 10 copper project worldwide with significant growth potential."

Rob McEwen, chairman and CEO of McEwen Mining, added, "I look forward to the contributions Darren will make to McEwen Copper's exploration endeavours as we pursue our ambitious goals."

About McEwen Copper Inc.

McEwen Copper is a well-financed, private company which owns 100 per cent of the large, advanced-stage Los Azules copper project, located in the San Juan province, Argentina. McEwen Copper is a 52-per-cent-owned private subsidiary of McEwen Mining, which has the ticker MUX on NYSE (New York Stock Exchange) and TSX (Toronto Stock Exchange).

Los Azules is being designed to be distinctly different from a conventional copper mine, consuming significantly less water, emitting much lower carbon and progressing to be carbon neutral by 2038, being powered by 100-per-cent renewable once in operation. It recently released an updated PEA (preliminary economic assessment) which projects a long life of mine, low production cost per pound, short payback period, high annual copper production and a 21.2-per-cent after-tax IRR (internal rate of return).

About McEwen Mining Inc.

McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, it owns approximately 52 per cent of McEwen Copper, which owns the large, advanced stage Los Azules copper project in Argentina. The company's goal is to improve the productivity and life of its assets with the objective of increasing the share price and providing a yield. Rob McEwen, chairman and chief owner, has a personal investment in the company of $220-million (U.S.). His annual salary is $1 (U.S.).

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