Paragon Advanced Labs Signs Strategic Memorandum of Understanding with McEwen Inc. for Development of PhotonAssay Laboratory Facilities in Nevada, Timmins & Mexico

McEwen Inc. (MUX) signed a strategic MOU with Paragon Advanced Labs to develop PhotonAssay laboratory facilities at its Gold Bar Mine Complex in Nevada, with potential expansion to Timmins and Mexico. Under the agreement, McEwen will fund land acquisition and building construction, receiving a dedicated mine-site lab and a royalty on third-party revenues from the commercial lab operated by Paragon.

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