McEwen Mining Reminds Shareholders: Rights Expire December 4,

McEwen Mining Reminds Shareholders: Rights Expire December 4, 2012 at
5pm EST 
TORONTO, ONTARIO -- (Marketwire) -- 11/28/12 -- McEwen Mining Inc.
(NYSE:MUX)(TSX:MUX) would like to provide a friendly reminder to its
shareholders that the Rights Offerings will continue to remain open
until 5:00 p.m. EST on Tuesday, December 4, 2012. Holders of both
MUX.RT and MAQ.RT subscription rights will need to exercise their
subscription rights prior to that time and date. In addition to
normal channels, holders of MUX.RT are also able to use the
subscription agent (Computershare Trust Company N.A.) to sell their
rights until 11:00 a.m. EST on Thursday, November 29, 2012.  
The McEwen Mining rights (MUX.RT) will cease trading on the NYSE at
the close of trading day on Monday, December 3, 2012. The McEwen
Mining rights (MUX.RT) and Exchange Co. rights (MAQ.RT) will cease
trading on the TSX at 12:00 noon EST on Tuesday, December 4, 2012. 
If you have any questions regarding the Rights Offerings, please
contact McEwen Mining's Investor Relations team at 1-866-441-0690 or
by e-mail at info@mcewenmining.com or the Rights Offering information
agent, Georgeson Inc., (an affiliate of our Rights Agent,
Computershare) toll-free at 1-888-497-9677 (in North America) or
1-212-440-9800 (outside North America), or by e-mail at
mux@georgeson.com. 
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 quality, high growth, low-cost, mid-tier
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 Copper project in San Juan,
Argentina and a large portfolio of exploration properties in
Argentina, Nevada and Mexico. 
McEwen Mining has 268,495,751 shares issued and outstanding
(comprised of 190,516,797 Common Shares and 77,987,621 Exchangeable
Shares). Rob McEwen, Chairman and Chief Owner, owns approximately 25%
of the shares of McEwen Mining (assuming all outstanding Exchangeable
Shares are exchanged for an equivalent amount of Common Shares). As
of September 30, 2012, McEwen Mining had cash and liquid assets of
$20.6 million. 
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 business integration as a result of the
business combination between the Company and Minera Andes, 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
www.mcewenmining.com 
Facebook: www.facebook.com/McEwenRob
Twitter: www.twitter.com/McEwenMining