8-K - MUX - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ofthe Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 20, 2021

McEWEN MINING INC.

(Exact name of registrant as specified in its charter)

Colorado<br> (State or other jurisdiction of<br> incorporation or organization)	001-33190<br> (Commission File<br> Number)	84-0796160<br> (I.R.S. Employer<br> Identification No.)

150 King Street West, Suite 2800

Toronto, Ontario, Canada M5H 1J9

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number including area code:

(866) 441-0690

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	MUX	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 7.01	Regulation FD Disclosure

On December 20, 2021, McEwen Mining Inc. (the “Company”) issued a press release announcing exploration results from on-going drilling at its Fox Complex in Ontario, Canada. A copy of that press release is attached to this report as Exhibit 99.1. On December 22, 2021, the Company issued a press release providing an update on its Los Azules copper project in San Juan, Argentina. A copy of that press release is attached to this report as Exhibit 99.2.

The information furnished under this Item 7.01, including the exhibits, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.

Item 9.01	Financial Statements andExhibits.
(d)	Exhibits. The following exhibits are furnished with this report:
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99.1	Press release dated December 20, 2021
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99.2	Press release dated December 22, 2021
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104	Cover Page Interactive Data File – the cover page XBRL<br>tags are embedded within the Inline XBRL document (contained in Exhibit 101)
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Cautionary Statement

With the exception of historical matters, the matters discussed in the exhibits include forward-looking statements within the meaning of applicable securities laws that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained therein. Such forward-looking statements include, among others, statements regarding future exploration, development, construction and production activities. Factors that could cause actual results to differ materially from projections or estimates include, among others, the continuing effects of the COVID-19 pandemic and related governmental responses, metal prices, economic and market conditions, operating costs, receipt of permits, receipt of working capital, and future drilling results, as well as other factors described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020, and other filings with the United States Securities and Exchange Commission. Most of these factors are beyond the Company’s ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made in the press release, whether as a result of new information, future events, or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

SIGNATURE

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	McEWEN MINING INC.
Date: December 23, 2021	By:	/s/ Carmen Diges
		Carmen Diges, General Counsel

Exhibit 99.1

MCEWEN MINING: EXPLORATION @FOX

Building a stronger foundation

TORONTO,Dec 20, 2021 - McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce that drilling continues to deliver good widths and grades at the Fox Complex, both from exploration at Stock and delineation at Froome.

Highlights include:

·	Assay results show the<br>potential of the Stock mineralized zones to extend to depth and down plunge. What has been outlined to date will contribute to our immediate<br>growth plans.
·	Drilling is planned for<br>2022 to investigate the intercept in hole S21-202, which encountered 21 meters (m) of 4.29 g/t gold. If this intercept<br>connects to mineralization at Stock West, it will materially enlarge the boundaries of the Stock West system.
·	Assay results are starting<br>to arrive from our exploration on Stock Main (the historic Stock mine). Visible gold has been noted in several drill cores, such as in<br>hole SM21-024 that returned 9.1 m of 7.43 g/t gold including 2.6 m of 23.72 g/t gold, within 25 m of<br>surface.

Stock West & Main

Drill results from holes S21-202 (released on Nov. 3, 2021) and S19-95 (released on Sep. 4, 2019 - 7.0 m (core length) of 27.2g/t gold) confirm that mineralization remains open to depth and the east (see Figure 1). The intercept in S21-202 is an over 200 m step-out along a prominent shallow eastern plunge from mineralization at Stock West. The current geologic interpretation suggests a possible connection of a further 250 m to the intercept in hole S19-95.

The host lithology of the Stock West mineralization, which also occurs in hole S21-202, was recently intersected in the footwall of the Stock mine. These observations support our confidence that the property is early in its discovery phase of development.

Forty-six surface drill holes were completed at Stock West (see Table 1) and Stock Main (see Table 2) since the last exploration update in May 2021.

Progress made at the Stock Property in 2021 will be reflected in the pending Preliminary Economic Assessment (PEA) for the Fox Complex, which is currently being finalized for publication.

Figure 1 - Longitudinal section of the Stock Propertyincluding grade x true thickness contouring of mineralization and intercept pierce points

Froome Mine

The best new result is 20 m (true width) of 7.43 g/t gold – Hole 200-F085-14

Three hundred and seventeen underground drill holes were completed for delineating the Froome orebody during 2021 (see Table 3). The Froome mine, while only a short distance from the Black Fox mine, is different in important ways that offer several advantages, such as a straighter, shorter, and more efficient underground haulage route, and wider more consistent mineralization that is amenable to lower-cost bulk mining methods. Mining started earlier this year and has been meeting expectations on key ore quality indicators such as gold grade, dilution, and total ounces produced.

Delineation drilling has expanded the deposit further to the west than previously designed, giving the Fox Complex team confidence that the Froome mine life will be extended. 2022 diamond drilling will focus on resource expansion at depth to extend the Froome mine life (see Figure 2).

Figure 2 - Longitudinal section of Froome Mine lookingnorth including grade x true thickness contouring of mineralization and select intercept locations

Table 1 – Stock West selected highlight drill intercepts

Hole-ID
S21-167	533.0	537.2	4.2	3.6	11.77
S21-168	582.0	604.0	22.0	19.2	1.63
S21-169	620.0	626.0	6.0	5.3	5.38
S21-171	507.0	527.0	20.0	19.0	4.87
S21-173	631.0	643.0	12.0	11.2	3.43
S21-174	603.0	614.0	11.0	8.8	3.37
	622.0	637.0	15.0	12.0	2.83
including	628.0	633.0	5.0	4.0	6.27
S21-174W1	578.5	628.0	49.5	42.2	2.90
including	589.6	597.3	7.7	6.6	5.11
	601.9	609.2	7.3	6.3	7.37
S21-175A	661.0	675.0	14.0	12.6	3.22
S21-176	474.0	484.0	10.0	8.5	4.51
including	475.0	480.0	5.0	4.2	7.28
S21-178A	602.0	605.0	3.0	2.4	9.36
including	602.0	602.9	0.9	0.7	26.30
S21-179	451.6	464.0	12.4	11.5	2.08
S21-180	645.9	656.1	10.2	9.8	2.70
S21-181A	450.4	480.6	30.3	25.2	3.84
including	450.4	471.0	20.7	17.2	5.26
S21-182A	511.7	522.0	10.3	8.8	4.35
	539.8	543.0	3.2	2.7	12.09
including	539.8	540.5	0.7	0.6	44.50
S21-185	487.1	499.0	12.0	10.2	2.99
S21-191	458.2	477.0	18.8	17.1	3.27
S21-192	638.0	643.3	5.3	5.0	7.92
including	640.0	641.0	1.0	0.9	23.90
S21-202	763.2	787.0	23.8	21.0	4.29

Table 2 – Stock Main selected highlight drill intercepts

Hole-ID
SM21-001	530.8	534.9	4.1	3.5	5.60
including	530.8	531.8	1.0	0.9	18.90
SM21-002W1	521.0	531.0	10.0	8.4	4.07
including	528.0	528.9	0.9	0.8	32.00
SM21-007A	520.8	522.9	2.1	1.8	17.76
including	520.8	522.0	1.2	1.0	27.80
SM21-008	465.0	478.0	13.0	9.1	3.29
SM21-016W1	287.0	290.0	3.0	2.2	14.92
including	288.0	289.0	1.0	0.7	41.50
SM21-024	22.9	33.9	11.0	9.1	7.43
including	23.9	27.0	3.1	2.6	23.72

Table 3 – FroomeMine selected highlight drill intercepts

Hole-ID
20PR-G349	224.1	244.7	20.6	15.8	6.19
	255.0	275.0	20.0	15.5	6.46
195-L160-13	82.9	97.3	14.4	11.6	9.03
including	84.0	86.0	2.0	1.6	22.78
195-L160-17	81.0	91.0	10.0	8.1	6.45
200-F023-25	27.0	30.6	3.6	3.0	6.49
200-F023-26	26.9	33.1	6.2	5.7	4.78
200-F025-20	27.5	54.0	26.5	18.5	7.92
including	46.0	52.0	6.0	4.2	17.42
200-F025-21	37.0	54.0	17.0	14.1	5.44
200-F026-03	22.0	49.0	27.0	7.7	4.02
	52.3	62.1	9.8	2.8	4.46
200-F026-04	20.7	38.0	17.3	4.0	4.81
	41.6	60.4	18.8	4.5	5.46
200-F026-08	23.5	50.3	26.8	18.7	3.91
200-F026-13	28.6	42.0	13.4	8.4	6.37
200-F026-15	52.0	55.7	3.7	3.1	34.62
200-F060-01	15.0	29.7	14.7	4.9	5.39
	35.0	61.0	25.9	8.9	6.18
200-F060-02	17.0	40.0	23.0	10.5	6.22
	50.0	57.0	7.0	3.2	11.13
200-F060-04	36.0	54.0	18.0	10.5	5.33
200-F085-04	53.6	71.4	17.8	5.2	9.67
200-F085-06	45.8	70.0	24.2	8.2	8.62
200-F085-09	42.2	64.9	22.7	9.4	7.65
200-F085-11	38.7	62.0	23.3	10.6	7.57
200-F085-13	36.6	60.9	24.3	11.9	6.12
200-F085-14	22.0	54.2	32.2	20.0	7.43
200-F085-15	31.6	46.3	14.7	11.2	4.86
200-F085-16	5.0	20.4	15.4	13.3	5.21
	30.7	52.6	21.9	19.0	5.90
200-F992-08	46.0	58.0	12.0	8.7	5.80

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TECHNICAL INFORMATION

Technical information pertaining to the Stock Property contained in this news release has been prepared under the supervision of Ken Tylee, P.Geo., a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."

Technical information pertaining to the Foome Mine contained in this news release has been prepared under the supervision of Robert Glover, P.Geo. Mr. Glover is a Qualified Person as defined by Canadian Securities Administrators National Instrument 43-101 "Standards of Disclosure for Mineral Projects."

CAUTION CONCERNING FORWARD-LOOKINGSTATEMENTS

This news release contains certain forward-looking statements and information, including "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements and information expressed, as at the date of this news release, contain McEwen Mining Inc.'s (the "Company") estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies, and there can be no assurance that such statements and information will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements and information. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements and information include, but are not limited to, effects of the COVID-19 pandemic, fluctuations in the market price of precious metals, mining industry risks, political, economic, social and security risks associated with foreign operations, the ability of the corporation to receive or receive in a timely manner permits or other approvals required in connection with operations, risks associated with the construction of mining operations and commencement of production and the projected costs thereof, risks related to litigation, the state of the capital markets, environmental risks and hazards, uncertainty as to the calculation of mineral resources and reserves, and other risks. Readers should not place undue reliance on forward-looking statements or information included herein, which speak only as of the date hereof. The Company undertakes no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See McEwen Mining's Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and other filings with the Securities and Exchange Commission, under the caption "Risk Factors", for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information regarding the Company. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

The NYSE and TSX have not reviewedand do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by the managementof McEwen Mining Inc.

ABOUT MCEWEN MINING

McEwen Mining is a diversified gold and silver producer and explorer focused in the Americas with operating mines in Nevada, Canada, Mexico and Argentina.

CONTACT INFORMATION:
**<br><br> <br>Investor Relations:<br><br> <br>(866)-441-0690 Toll-Free<br><br> <br>(647)-258-0395<br><br> <br><br><br> <br>Mihaela Iancu** ext. 320<br><br> <br><br><br> <br>info@mcewenmining.com	<br><br> <br>Website: www.mcewenmining.com<br><br> <br><br><br> <br>Facebook: facebook.com/mcewenmining<br><br> <br>Facebook: facebook.com/mcewenrob<br><br> <br><br><br> <br>Twitter: twitter.com/mcewenmining<br><br> <br>Twitter: <br> twitter.com/robmcewenmux<br><br> <br><br><br> <br>Instagram: instagram.com/mcewenmining	150 King Street West<br><br> <br>Suite 2800, P.O. Box 24<br><br> <br>Toronto, ON, Canada<br><br> <br>M5H 1J9

Exhibit 99.2

MCEWEN COPPER: LOS AZULES PROGRESS REPORT

TORONTO,Dec 22, 2021 - McEwen Copper Inc., a subsidiary of McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), is pleased to provide a summary of the work at the Los Azules copper project in San Juan, Argentina, that started in earnest this July 2021. Our two immediate objectives on our path to designing and constructing the copper mine of the future are to:

1.	Advance Los Azules from its current stage of development (Preliminary Economic Assessment or PEA)to a Pre-Feasibility Study (PFS); and

2.	Construct a new road, the ‘Northern Access Road’, that will provide critical year-roundaccess to Los Azules. The current ‘Exploration Road’ is generally only usable five months of the year due to winterweather.

Below is a photographic account of our activities to date.

Background

On July 6, 2021, we announced the creation of McEwen Copper and our intention to raise US$80 million in a private offering comprised of 8,000,000 shares priced at $10.00 per share. We closed the first $40 million tranche of the placement in August with Rob McEwen, and the balance of the financing is expected to close in January 2022. Assuming completion of the $80 million financing, McEwen Mining will retain 69% ownership in McEwen Copper, and new shareholders will hold 31%. McEwen Copper will continue to hold a 100% interest in the Los Azules project.

Los Azules is one of the largest undeveloped copper porphyry deposits in the world. It is located along the prolific Andes Copper Belt as shown in the location map below:

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Photo 1 - Work starting in July to open the ExplorationRoad.

Photo 2 - By September 27^th^,we had reopened the Exploration Road to Los Azules, and the camp provisioner and caterer (Caterwest) had started setting up ourwork campsites. Below is a picture of the Exploration Road being improved. If you look closely, you can see the road continuingbeyond the front-end loader.

Photo 3 - While opening theExploration Road, on July 19^th^ we also started the construction of the Northern Access Road. Pictured here isthe start of the eastern end of this new road. A prominent San Juan-based road construction firm (Zlato) is building the road for us.The construction of the road has been divided into five sections.

| ***McEwen Copper Inc.*** | 2 |

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Photo 4 - By late November,we had completed Section 5 and approximately 50% of Section 4. We are awaiting permits, expected in Q1 2022, to advance construction ofthe remaining sections. The expected completion date of the Northern Access Road is mid-2022.

Photo 5 – Back on theExploration Road, the road was reopened to our first work camp, Candidito, by August 25^th^ on the road to Los Azules.

Photo 6 - October 1^st^,the final destination had been reached and Camp Los Azules was operational.

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Photo 7 - November 4^th^, the second workcamp, Embarrada, was operational.

On December 1^st^, the medical services and emergency rescue teams had arrived at site and exploration drill platforms were being constructed.

By December 20^th^, 36 drill platforms had been constructed and 2 of the 10 exploration drills had arrived on site. The other 8 drills are expected to be arriving throughout January and into February. Drilling will start on January 4^th^. The first phase of our drill program will involve a 174,000-foot (53,000 m) program. It is designed to convert the Inferred mineral resources to the Indicated category, as well as to test deeper exploration targets, where historic drilling had ended in strong copper mineralization.

McEwen Copper currently has 282 people supporting the exploration drilling program at Los Azules, with approximately 85% being from San Juan.

Photo 8 and 9 - The first twoexploration drills to arrive at the site.

| ***McEwen Copper Inc.*** | 4 |

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Photo 10 – At Los Azules, McEwen geologistsorienting the drillers from Major Drilling, with the rock conditions that they will be encountering.

Project Develoment Workshop

This past week, December 14^th^ to 16^th^, we held an intensive workshop with senior management of both McEwen Mining and McEwen Copper and a powerful group of consultants and advisors. A total of 30 individuals well versed in designing and building, and operating copper mines, especially in South America, gathered physically and virtually from Argentina, Chile, USA, Canada, Australia, and New Zealand.

The workshop started with a presentation from Whittle Consulting from Australia, who for the past three months have been evaluating various development scenarios for the Los Azules Project. Their work suggests there is considerable room to improve the economics of the project.

Companies involved in moving Los Azules to PFS are:

·	Bechtel Corporation,<br>the largest construction company in America with a long history of advancing, building and developing large copper concentrators and infrastructure<br>projects globally, including the recent feasibility study update on the El Pachon project approximately 75 km south of Los Azules; and
·	Samuel Engineering,<br>who will help oversee project management, controls, metallurgy and processing plant design, is a full service multi-disciplinary project<br>development and execution company bringing a team with extensive large copper project experience in South America, including past involvement<br>at the Los Azules project; and
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·	Stantec, a full<br>service engineering and consulting firm, with offices in Argentina, Chile, and Peru, including select subcontract consultants will<br>focus on geology, resource and reserve estimates, mining engineering, hydrology, geotechnical and the tailings, waste, and water management<br>facility design.
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Our overarching goal is to design a mine that willbe the model for copper mining in the 21^st^ century. One that supplies the raw material to enable a greener world, while incorporatingthe use of renewable energy sources to have a low-carbon footprint and that uses technological innovation to achieve an energy efficientmine.

At several points during the workshop, Jason F. McLennan of McLennan Design in Seattle, a prominent figure in the field of architecture and green building movement, shared his thoughts on technologies, visions and attitudes on how mining could change to contribute to a healthy world and how lessons learned in other industries could be applied to transform certain elements of mine operations, infrastructure and facilities.

We all left the meeting energized and believing that the future of mining will be exciting, new and game-changing. For the world to make considerable progress towards a lower carbon emissions world, the world needs responsible mining to provide the materials to make that a reality.

We at McEwen Copper, along with our consultants, plan to design, build, and operate a facility, a community, that will be at the leading edge of a changing attitude in mining towards protecting our planet.

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To view a .PDF of this news release click here:

http://mcewenmining.com/files/doc_news/archive/2021/20211222_McEwen_Copper_Update.pdf

CAUTION CONCERNING FORWARD-LOOKINGSTATEMENTS

The NYSE and TSX have not reviewedand do not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by the managementof McEwen Mining Inc.

CONTACT INFORMATION:
**<br><br> <br>Investor Relations:<br><br> <br>(866)-441-0690 Toll-Free<br><br> <br>(647)-258-0395<br><br> <br><br><br> <br>Mihaela Iancu** ext. 320<br><br> <br><br><br> <br>info@mcewenmining.com	<br><br> <br>Website: www.mcewenmining.com<br><br> <br><br><br> <br>Facebook: facebook.com/mcewenmining<br><br> <br>Facebook: facebook.com/mcewenrob<br><br> <br><br><br> <br>Twitter: twitter.com/mcewenmining<br><br> <br>Twitter: <br> twitter.com/robmcewenmux<br><br> <br><br><br> <br>Instagram: instagram.com/mcewenmining	150 King Street West<br><br> <br>Suite 2800, P.O. Box 24<br><br> <br>Toronto, ON, Canada<br><br> <br>M5H 1J9

| ***McEwen Copper Inc.*** | 6 |

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