McEwen Mining Inc. reported consolidated production results for the full year 2021 and Fourth Quarter 2021. For the full year of 2021 consolidated production was 34% higher than in 2020. Production guidance for 2021 was achieved. Full year production was 154,410 gold equivalent ounces (“GEOs”) consisting of 118,500 gold ounces and 2,572,000 silver ounces.

In Fourth Quarter 2021, consolidated production was 29% higher than in Fourth Quarter 2020. In the fourth quarter, production was 40,150 GEOs consisting of 31,300 gold ounces and 682,700 silver ounces. In Fourth Quarter 2021, attributable production from San José(2) was 682,700 silver ounces and 11,300 gold ounces, or 20,200 GEOs, which was in-line with expectations; Black Fox production of 9,460 GEOs was also in-line with expectations; Gold Bar production of 9,950 GEOs was above expectations; and El Galloproduced 540 GEOs from residual leaching.