XTSE:MUX McEwen Mining Inc Insider Activity 3 Filing - 1/24/2012

Effective Date 1/24/2012

XTSE:MUX (McEwen Mining Inc): Fair Value Estimate
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XTSE:MUX (McEwen Mining Inc): Fair Value Uncertainty
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XTSE:MUX (McEwen Mining Inc): Economic Moat
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XTSE:MUX (McEwen Mining Inc): Stewardship
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FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Brissenden Richard W.
2. Date of Event Requiring Statement (Month/Day/Year)
01/24/2012
3. Issuer Name and Ticker or Trading Symbol
McEwen Mining Inc. [MUX]
(Last)
(First)
(Middle)
354 BESSBOROUGH DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)

TORONTO, A6 M4G 3L2
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option Right to Buy   (1) 03/01/2014 Common Stock 45,000 (2) D  
Stock Option Right to Buy   (3) 05/13/2015 Common Stock 45,000 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Brissenden Richard W.
354 BESSBOROUGH DRIVE
TORONTO, A6 M4G 3L2
  X      

Signatures

Richard W. Brissenden 01/26/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The option vests one-third on March 1, 2010, one-third on March 1, 2011 and one-third on March 1, 2012.
(2) The option may be exercised at a price of $0.73 CAD per 0.45 shares of Common Stock.
(3) The opotion vests one-third on May 13, 2011, one-third on May 13, 2012 and one-third on May 13, 2013.
(4) The option may be exercised at a price of $1.02 CAD per 0.45 shares of Common Stock.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XTSE:MUX McEwen Mining Inc Insider Activity 3 Filling

McEwen Mining Inc XTSE:MUX Stock - Get Insider Activity SEC Filing of McEwen Mining Inc XTSE:MUX stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

XTSE:MUX McEwen Mining Inc Insider Activity 3 Filing - 1/24/2012
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