McEwen Mining: Operations Resumed at San Jose Mine

Wed Feb 13, 2013 7:30am EST

* Reuters is not responsible for the content in this press release.

  TORONTO, ONTARIO, Feb 13 (MARKET WIRE) --
McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) is pleased to announce that
operations at its 49% owned San Jose mine in Santa Cruz Province,
Argentina have resumed. The employees affected by the previously
announced gastroenteritis have recovered in full. This disruption is not
expected to have a material impact on McEwen Mining's full-year
production.

    McEwen Mining's attributable production from San Jose mine during 2012
totaled 98,117 eq. oz (42,026 gold oz and 2,916,742 silver oz).

    About McEwen Mining (www.mcewenmining.com) 

    The goal of McEwen Mining is to qualify for inclusion in the S&P 500 by
2015 by creating a high growth gold producer focused in the Americas.
McEwen Mining's principal assets consist of the San Jose mine in Santa
Cruz, Argentina (49% interest); the El Gallo complex in Sinaloa, Mexico;
the Gold Bar project in Nevada, US; the Los Azules project in San Juan,
Argentina and a large portfolio of exploration properties in Argentina,
Mexico and Nevada. 

    McEwen Mining has 296,024,859 shares issued and outstanding. Rob McEwen,
Chairman, President and Chief Owner, owns 25% of the shares of the
Company. As of December 31, 2012, McEwen Mining had cash and liquid
assets of approximately US$70 million and is debt free.

    Reliability of Information

    Minera Santa Cruz S.A., the owner of the San Jose mine, is responsible
for and has supplied to the Company all information on the temporary halt
of operations at the San Jose mine. This press release is based on
information provided to McEwen Mining by Minera Santa Cruz S.A. McEwen
Mining's joint venture partner, a subsidiary of Hochschild Mining plc,
and its affiliates other than MSC do not accept responsibility for the
accuracy of this release. As the Company is not the operator of the San
Jose mine, there can be no assurance that the information reported to the
Company by MSC is accurate, the Company has not independently verified
such information and readers are therefore cautioned regarding the extent
to which they should rely upon such information. 

    Caution Concerning Forward-Looking Statements 

    This press 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 press
release, 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, risks related to the cost of transferring or otherwise allocating
funds between operating jurisdictions, factors associated with
fluctuations in the market price of precious metals, mining industry
risks, political, economic, social and security risks associated with
foreign operations, risks associated with the construction of mining
operations and commencement of production and the projected costs
thereof, risks related to litigation, property title, the state of the
capital markets, environmental risks and hazards, uncertainty as to
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, 2011
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 reviewed and do not accept responsibility for
the adequacy or accuracy of the contents of this news release, which has
been prepared by management of McEwen Mining Inc.

Contacts:
McEwen Mining Inc.
Jenya Meshcheryakova
Investor Relations
(647) 258-0395 ext 410 or Toll Free: (866) 441-0690
(647) 258-0408 (FAX)

McEwen Mining Inc.
Mailing Address
181 Bay Street Suite 4750
Toronto, ON M5J 2T3
PO box 792
info@mcewenmining.com

Facebook: www.facebook.com/McEwenRob
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www.mcewenmining.com

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