Hycroft Mine Reports New Gold and Silver Intercept Records

Hycroft Mining Holding Corporation has released new drilling results from its Vortex deposit in Nevada. The company reported intersecting one of its best-ever drill holes, containing significant quantities of both gold and silver.

The drill intercept, designated H26D-6175A, returned 19.6 meters grading 30.49 grams of gold and 1,726.72 grams of silver per ton. This interval includes a high-grade section of 1.7 meters with 347.07 grams of gold and 9,526.36 grams of silver per ton. The company described this discovery as the best hole ever drilled and the highest gold grades ever reported in its history.

These results extend previously reported high-grade intercepts further west and south within the Vortex system. The style of alteration and mineralization suggests proximity to a potential source of the deposit. Hycroft Mining stated that follow-up drilling is underway at the Vortex and Brimstone deposits.

Hycroft Mining owns the Hycroft Mine in Nevada, considered one of the world's largest precious metal deposits. The company aims to expand and advance these new high-grade silver systems, which are believed to be a significant value driver for the mine.