McEwen Inc. — Director's Dealing 2012

Jan 26, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: McEwen Mining Inc. (MUX)
CIK: 0000314203
Period of Report: 2012-01-24

Reporting Person: Brissenden Richard W. (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option Right to Buy	$	2014-03-01	Common Stock (45000)		Direct
Stock Option Right to Buy	$	2015-05-13	Common Stock (45000)		Direct

Footnotes

F1: The option vests one-third on March 1, 2010, one-third on March 1, 2011 and one-third on March 1, 2012.

F2: The option may be exercised at a price of $0.73 CAD per 0.45 shares of Common Stock.

F3: The opotion vests one-third on May 13, 2011, one-third on May 13, 2012 and one-third on May 13, 2013.

F4: The option may be exercised at a price of $1.02 CAD per 0.45 shares of Common Stock.