Hycroft Mining reports Q3 2023 cash of $106.9M; flotation recoveries improve to 89% gold, 93% silver

HYCROFT MINING HOLDING CORP

Cash position: $106.9M unrestricted, $35.0M restricted, in compliance with debt covenants.
Average flotation recoveries increased to 89% for gold and 93% for silver, up from 80% in March 2023 TR.
Phase 2 drill program: 75% of core and 100% of RC drilling completed; results extend Camel & Vortex zones.
Zero total recordable injury frequency rate for trailing 12 months; multiple safety awards received.
Step-out exploration permits obtained; pre-feasibility study advancing with updated test work data.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.85

HYCROFT MINING HOLDING CORP reported preliminary financial results for the three and nine months ended September 30, 2023.

Period: the three and nine months ended September 30, 2023
Result: preliminary results

Exact text from the filing

On October 31, 2023, Hycroft Mining Holding Corporation (the “Company”) issued a press release providing information about its operating and financial results for the period ended September 30, 2023.

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HYCROFT MINING HOLDING CORP filing history →

Source: SEC EDGAR

accession 0001493152-23-038885

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