17 www gbr eports c om Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE 20km north of Goldc orp s Cerr o Ne gr o pr ojec t in Sant a Cruz Ar g entina McEwen Mining is also the 100 owner of the L os Az ules adv anc eds t ag e porphyr y c opper explor a tion pr ojec t in San Juan Ar g entina one of the world s lar g es t unde veloped highgr ade open pit c opper pr ojec t s with a 102 billion lb indic a t ed c opper r esour c e R ob McEwen pr esident and CEO of McEwen Mining exp anded on his plans f or L os Az ules C urr ently ac c ess t o L os Az ules due t o high mount ain p asses multiple river cr ossings is r es tric t ed t o 5 months of the ye ar We r e working on de veloping a r out e tha t will give us ye ar r ound ac c ess This will tr ansf orm the ec onomics of the deposit This r out e will be lar g ely below the snow line and pr ovide a low altitude power c orridor t o the pr ojec t Also ac tive in Mexic o is T or ex Gold R esour c es T GR which c ame int o pr oduc tion in 2016 with an U800 million inves tment T GR is the 100 owner of the Mor elos g old pr operty an ar e a of 29000 hec t ar es in the Guerr er o Gold Belt loc a t ed 180 km southwes t of Mexic o City In April 2018 T GR over c ame an ille g al block ade a t their El Limon Guajes EL G mining c omplex tha t had las t ed six months Cr editing the r esis t anc e of the loc al c ommunity who r allied ag ains t the block aders F r ed S t anf or d pr esident and CEO of T GR elabor a t ed on one of the bigg es t challeng es f ac ed by Mexic an miners Block ades such as this shut down Mexic an mines f or up t o t en ye ars Howe ver we wer e up and running ag ain in 10 weeks and s till c ontinued p artial oper a tions despit e the block ade IM A GE Courtesy of Steppe Gold