McEwen Mining Inc (NYSE:MUX) (TSE:MUX) Appoints New Chief Operating Officer

McEwen Mining Inc. (NYSE:MUX) (TSE:MUX) is pleased to announce the appointment of Xavier Ochoa as Chief Operating Officer ("COO"), effective immediately and the departure of the Company's current COO, William Faust effective September 30, 2016. Mr. Ochoa is a seasoned executive, bringing more than 25 years of operational experience to the McEwen team and will be instrumental in the continued growth and development of our projects.

Rob McEwen, CEO and Chairman of McEwen Mining stated: "We would like to welcome Xavier to the team; he has an outstanding track record delivering growth and operational excellence globally. He brings to this position a strong reputation for managing underground and open pit operations in a variety of jurisdictions, and has a proven track record in enhancing production, reducing operating costs and improving capital effectiveness. We continue to strengthen our management team as we advance our assets with the primary goal of enhancing shareowner value."

Mr. Ochoa joins McEwen having previously held senior executive positions with other multi-national mining companies. Most recently, he held the position of Mine General Manager at Goldcorp's Cerro Negro operation in Santa Cruz, Argentina, where he was responsible for the successful underground mine commissioning, and leading an operating team of 1,600 people. Prior to this, he was the General Manager at the Tintaya and Antapaccay Copper Mines for Glencore and Xstrata in Peru, leading the commissioning and ramp-up of a 70,000 tonne per day processing plant. Mr. Ochoa also held the roles of General Manager and Engineering Manager at El Pachon in Argentina and Chile for Xstrata where he led the engineering efforts to advance the projects to feasibility study levels. Mr. Ochoa holds a Bachelor of Science in Mining Engineering from the University of Arizona in Tucson, Arizona.

We would like to thank Mr. William Faust for his valuable contribution to McEwen Mining. Mr. Faust will be pursing new opportunities following a transition period, and we wish him all the best in his future endeavours.

About McEwen Mining Inc

McEwen Mining (NYSE:MUX) (TSE:MUX) has the goal to qualify for inclusion in the S&P 500 Index by creating a profitable gold and silver producer focused in the Americas. McEwen's principal assets consist of: the San José mine in Santa Cruz, Argentina (49% interest); the Black Fox mine in Timmins, Canada; the Fenix Project in Mexico; the Gold Bar mine in Nevada, currently under construction; and the large Los Azules copper project in Argentina, advancing towards development.

McEwen has approximately 345 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns roughly 23% of the shares.

    

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