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Tell that to $2400 gold and $29 silver
I get a LOT of emails from all of you, and we love connecting with our @HycroftMining investors.
— Diane Garrett (@DianeG_CEO) July 20, 2023
So today, I wanted to address 3 of the most frequently asked questions we’ve been receiving lately: pic.twitter.com/atC9WEaqdm
Last I looked silver is still over $25/oz.
Didn't expect it to be that quick.
Hymc seems pretty sensitive to the price of silver. Wonder why that is...
*****LinkedIn
Break out the OE, sure looks like those 40's are comin. Lol
Lol, hawthorne is 4.5 hrs away by car from winnemucca. It is not the same lucky boy
Or maybe you found a different lucky boy lol
Wow! Nice find!
"THE RICHEST ORE CARRIES 2,000 TO 3,000 OZS. OF AG/TON IN A GANGUE OF QUARTZ AND BARITE."
That is like roughly 60,000 to 90,000 grams of silver per ton or something.
According to the Nevada Division of Environmental Protection (NDEP), mining companies in Nevada are required to obtain permits from the Reclamation Branch prior to construction of any exploration, mining or milling activity that proposes to create disturbance over 5 acres. Aggregate or sand pit operations are excluded from obtaining a Reclamation Permit¹.
In addition, Water Pollution Control Permits (WPCP) are issued to an operator prior to the construction of any mining, milling, or other beneficiation process activity. A permit renewal is required to continue the mining operations beyond 5 years. Monitoring is required by the permit on a process and site-specific basis and reporting is required quarterly. Fees associated with the WPCP include application, annual, and renewal fees as specified at NAC445A.232².
I hope this helps!
Source: Conversation with Bing, 5/17/2023
(1) NDEP - Bureau of Mining Regulation and Reclamation Homepage | NDEP - Nevada. https://ndep.nv.gov/land/mining.
(2) Nevada BMRR - Mining Regulation Branch | NDEP. https://ndep.nv.gov/land/mining/regulation.
(3) Mining Regulation Applications and Fees | NDEP - Nevada. https://ndep.nv.gov/land/mining/regulation/applications-fees.
(4) NEVADA BUREAU OF MINES AND GEOLOGY. https://minerals.nv.gov/uploadedFiles/mineralsnvgov/content/Programs/Mining/SPL6_StAndFedPermitsRequired_Upd20180730das.pdf.
Then maybe it is a new facility?
Interesting then that the pictures metadata show they are from june 2020?
The images have 2020 dates on them. Like chatgpt, posts here seem like old news from 2021. It is like time - along with active mining- stopped then or something.
The copyright for that company was updated this year in 2023 means that company still exists, which is good but doesn't prove anything with them is ongoing.
To me, those images of the facility are impressive and cool they still feature us on their site...
But partnering with hecla on those rosebud claims and getting data on wild rose is pretty exciting.
We agree on something. Have a great day
Those pictures are from 2020. It is cool the site features this project from Hycroft still. But yeah, it appears they are from June 2020.
So define new?
But i thought blah blah blah hycroft rosebud blah blah should woulda coulda. Now they did, so where the people at saying woulda shoulda coulda done a deal for rosebud, cuz look like they jus did
Hey look. News!
They sold 7500 or so of that round and 3000 each of the 2 limited ones.
They probably make a couple dollars on each one.
I am missing how that helps the 10q.
There was residual processing still happening thru end of year last year. Some confused that with actual mining.
Diane and Alex are doing this the right way, but it takes time. If the PFS is in the slide deck as coming later this year, then you are going to sound like a broken record after a while.
They just found a new zone right next to brimstone and vortex, and they found some great silver intercepts in vortex.
That work is all laying the foundation for the commercial operation. I think they succeed at getting it restarted.
Yeah price targets are dumb.
It is in the company's filings though that they are not producing from the prior operation.
Nobody from the company is claiming otherwise.
Phase 2 drilling news today too.
There is no mining today.
The studies for the milling are underway.
Part of that is due to be released soon per recent news you can see that.
142 million cash, debt not due until 2027.
Pfs in q1 2024 with presumably the go or no go at that point.
And they can start heap leaching on the oxides while they build the mill. It is in the plan if you only choose to read.
And they cashflow it out to frontload it using the software basic stuff.
And it is all probably repaid in 2-4 years from those earnings and it has a 34 yr planned mine life.
Diane garrett is a great ceo. Alex davidson knows what he is doing.
Just takes time.
But in the meantime, there is phase 2 drilling about to start. And also the results of the flowsheet type stuff.
and the geophysics popped up some pretty neat looking stuff to explore and was right by vortex lol which is amazing i mean.
Also this is heavily tied to gold and silver prices and obviously is like a sailboat in that regard. So i think gold and silver go up and i think diane and alex and andy and co get us there. Not telling anyone else what to do that is just my opinion.
#justsayin
I think people are more interested in the phase 2 drilling, the flowsheet and the PFS that are all coming over the next 12 months. That means by then pretty much know if this thing is going to kick off again. Based on the h22r5700 and h22r 5679, gold over 2000 and silver at 25, my bet it yes.
Yeah, I ordered a few. Pretty cool way they are doing it to do a preorder and let everyone get as many as they want in the next 30 days, then they mint those and that is it.
Preorder new silver coin
https://hppromotionalsolutions.com
Higher gold and silver prices is all this thing needed.
Bank crisis is just beginning
Aug 4, 2022 — 4, 2022 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: ... 5,800 ounces of gold inventory at the refiner pending settlement.
Didnt see a number for silver
I heard she is speaking today at the BMO conference.
Once mudrick exits thinking things will be better from there out. I like buying from him at these prices.
I already got the limited edition coins I ordered. I hear they gonna release new ones every 3-4 weeks.
You don't have to make a good movie to get people to watch it if you put it direct to streaming. Just promote it in the new releases of your streaming platform and it will gets plays. I prefer releases where the studio has to put out a quality release or watch it flop in theaters. Better for competition that way.
I will always like going to the theater for an uninterrupted 2hrs or whatever with amc popcorn. Microwave isnt the same. I have an airpopper too but results arent as consistent as a bag of AMC.
Also my denon 8k atmos receiver and optoma 4k projector on a 150" basement wall still cant top what they have at AMC.
Online store is live. Limited edition one ounce silver coins among other items for sale.
https://hppromotionalsolutions.com/products/amc-hycroft-silver-coin
These people now own the shell
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=126823120
With Penny listed as the CEO.
All that is left is for them to bring back Lorne Dingle to do IR again, and they will have their band back together.
Someone posted the TA is now verified whatever that means, so they are probably trying to bring it back to life.
Look at who now controls the company. This became a "Penny" stock in more ways than one.
You remember in the financials the production they held with the refiners, right?
Also see the retweet from diane about shareintel from the charles payne segment with genius ceo. Ie ceobloc and what they are doing.
At least we agree on gold and silver prices moving in the right direction.
Be ready to update that graphic. Within the next couple months that should grow by another few million oz gold and 150 mil oz ag from the inferred category with the new resource update upcoming here in q1. The infill rc and the located silver data should help convert a lot of that inferred stuff to a higher classification.
Lol the twitter post of that seekingfud article has no likes and no retweets and no comments. How sad.
Mr. Davidson is a highly experienced geologist with more than 25 years of open-pit and underground operating expertise. Having spent over a decade with Newmont Corporation, Mr. Davidson held numerous senior geology roles, managed robust exploration drill programs and managed all geology related aspects of the numerous mines including ore control, mine design and risk mitigation and geologic modeling. Mr. Davidson also implemented many safety initiatives and new technologies for continuous improvement. Most recently, Mr. Davidson joined Nevada Gold Mines, a Joint Venture company between Barrick Gold Corporation and Newmont Corporation in Nevada, formed in 2019. At Nevada Gold Mines, Mr. Davidson worked extensively throughout the Carlin Trend, Turquoise Ridge district, responsible for the geologic teams on nearly a dozen Nevada based operating mines, as well as mentoring geology teams in the Cortez district. Earlier in his career, Mr. Davidson was the senior geologist and mine planning engineer for Rio Tinto at its Boron Operations in California and Greens Creek Mine in Alaska. In addition, Mr. Davidson worked for Hecla Mining on the past producing high-grade Rosebud Mine in Winnemucca, NV which is located within the Hycroft Mine land position.
Diane R. Garrett, President & CEO commented "We are delighted to have someone of Mr. Davidson's caliber joining our team. Alex is an exceptional technical leader with superb and broad geologic expertise and a superior track record of reserve growth and operational excellence. His extensive depth of technical experience in Nevada based operations, particularly with his knowledge of the neighboring past producing high-grade mine Rosebud, will be invaluable to our organization as we continue to take the world class Hycroft Mine up the value chain."
Alex Davidson commented: "I am excited to join Hycroft at a time of significant opportunity. I look forward to working with the executive leadership team and the technical mine team helping the company execute on its technical priorities focused on value-added growth, mine development and its commitment to all stakeholders. It is very exciting to be able to work with a team committed to a culture of safety on a project that has such great growth potential both within the mine and across the district. This district has been significantly underexplored opening the potential for higher grade style mineralization".
Mr. Davidson holds a B.S. in Natural Science with emphasis in Geology from Western Oregon State
College.
...
The company's vice president of Exploration, Alex Davidson, commented, "These initial drill results confirm the higher-grade opportunities identified in the 2021 drill program. While we have only just begun investigating the planned targets of our 2022-23 drill program, these results are very encouraging and further confirm the importance of additional drilling to explore the untapped potential of the Hycroft deposit."
"Importantly, we are observing the high-grade zones are more continuous than previously interpreted in addition to seeing silver and gold grades significantly higher than the average grade at the Hycroft deposit," Davidson added.
...
Alex Davidson , Vice President, Exploration commented, "We continue to receive encouraging drill results confirming the higher-grade opportunities identified in the 2021 drill program. The drill results announced today continue to demonstrate improved continuity in the higher-grade areas as compared with the current model, and at much higher grades than the average grade modeled for the Hycroft deposit. Particularly exciting for the Hycroft team is RC hole H22R-5648 from the Brimstone area which has multiple intercepts that significantly outperform the model and are at very near true thickness."
Drilling from the Vortex area intercepted multiple ore zones down hole and returned gold values where previously little gold was identified or modeled as Vortex is known for being predominately a silver deposit. In particular, RC hole H22R-5669 in the Vortex area has several intercepts returning gold, where no gold was modeled previously. One of these intercepts has 48.8 meters of 0.46 g/t gold and 75.79 g/t silver.
The drill results to date have increased our understanding of the geologic setting of the Hycroft mineralization, both the higher-grade zones and the more disseminated areas throughout the property.
Diane R. Garrett , President & CEO commented "We are very excited about this next group of drill results that continue to support our belief in the untapped potential at Hycroft. Our objectives are multi-fold: (1) to improve the resource grade at Hycroft; (2) identify a higher-grade starter pit which would reduce upfront capital requirements for the next phase of operations; and (3) explore for new targets within our vast land position. Hycroft is one of the largest gold and silver deposits in the world located in the Tier-One mining jurisdiction of Nevada, USA and permitted for both heap leach and milling operations."
...
Alex Davidson, Vice President, Exploration commented, "The initial drilling campaign has focused on higher-grade opportunities primarily in the Brimstone, Vortex, and Central zones. All 20 RC drill holes reported to date have returned ore grade mineralization, of which 14 holes have outperformed the model resulting in higher grades than previously estimated or known. The results to date are very exciting as we established continuity between the higher-grade zones along structures. In addition, we continue to enhance the project economics through in-fill drilling that have demonstrated mineralization in areas previously considered to be waste."
Hole H22R-5671 drilled in Brimstone returned very exciting results with multiple intercepts extending high-grade gold mineralization both north and up dip of the known high-grade zones. The high-grade silver Vortex zone continues to deliver positive results with Hole H22R-5670 returning two significant intercepts demonstrating mineralization continues south along the East Fault.
Alex Davidson further stated, "Drilling in the Central zone is delivering ore grade mineralization where none was previously modeled. The grades we are seeing in the Central zone are more than double the average resource grade and extends mineralization farther south than previously understood.
===
Hycroft Mining hired a new highly respected VP of Exploration. I’m told he thinks Hycroft’s land is a “geologist’s dream“ and a “golden opportunity.” Remember, Hycroft has explored only about 2% of its 71,000 acres. Are there more gold and silver reserves to be found? Exciting!