Hycroft Mining Reports Record High Silver Grades

By Chris Stiles • Monday, December 22 09:32 • Permanent Link

Hycroft Mining Holding Corporation (NASDAQ: HYMC) has reported significant developments in its 2025-2026 exploration drill program at the Hycroft Mine in Nevada, USA. The company announced that it has identified the highest grades to date in the Vortex silver system, with multiple intercepts grading between 960 g/t to 1545 g/t. The Vortex system has also expanded approximately 70 meters to the northwest and 90 meters down-dip to the west based on the results from specific drill holes.

The drill highlights include H25D-6072, which revealed 26.4 meters at 565.31 g/t Ag and 0.46 g/t Au (604.92 g/t AgEq and 7.02 g/t AuEq), including 6.9 meters at 802.96 g/t Ag and 0.62 g/t Au (856.35 g/t AgEq and 9.94 g/t AuEq). Additionally, H25D-6070 showed 30.8 meters at 438.58 g/t Ag and 0.41 g/t Au (473.88 g/t AgEq and 5.50 g/t AuEq), including 6.1 meters at 739.58 g/t Ag and 0.21 g/t Au (757.66 g/t AgEq and 8.79 g/t AuEq).

The company's Vice President of Exploration, Alex Davidson, noted that the recent drill holes demonstrate the continuity of high-grade silver in the Vortex system, which remains open in all directions and at depth. Diane Garrett, President and CEO of Hycroft, emphasized that the 2025-2026 exploration strategy is focused on unlocking the full scale of the Vortex and Brimstone high-grade silver systems through lateral and depth expansion.

The 2025-2026 exploration drill program consists of an initial 14,500 meters of core drilling, utilizing two rigs initially, with two additional core rigs planned for 2026. The company's Qualified Person for exploration drilling is Alex Davidson.

Hycroft Mining Holding Corporation, a US-based gold and silver company, is exploring and developing the Hycroft Mine, one of the world's largest precious metals deposits. The company is focused on completing technical studies to transition the mine into a large-scale milling operation for processing sulfide ore and is engaged in a robust exploration drill program to unlock the full potential of its land package.

These recent developments mark a significant advancement in the company's exploration efforts and demonstrate the potential for substantial growth in its high-grade silver systems. As a result of these announcements, the company's shares have moved 5.51% on the market, and are now trading at a price of $16.2057. If you want to know more, read the company's complete 8-K report here.

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