other material
confidence high
sentiment positive
materiality 0.65
Hycroft extends Vortex high-grade silver zone ~100m west; cash $56M at Sept 30
HYCROFT MINING HOLDING CORP
- Drill results extend Vortex mineralization ~100m west and south; multiple intervals exceed 1,000 g/t silver.
- Notable intercept: H24D-6001 returned 124.4m of 102.59 g/t Ag and 0.95 g/t Au (2.28 AuEq).
- Hole H24D-6007: 1.5m of 960 g/t Ag and 4.78 g/t Au at top of target; follow-up drilling planned.
- Vortex remains open in all directions; assays pending for Brimstone trend (holes 6003-6004, 6009-6012).
- Unrestricted cash $56M at Sept 30, 2024; company in compliance with debt covenants.