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Re: Saving Grace post# 14135

Thursday, 05/19/2022 11:29:55 PM

Thursday, May 19, 2022 11:29:55 PM

Post# of 19233
Seems to be a perception that hycroft is back to being an exploration/development stage company that is stuck waiting on drill results and a mill.

The "ore from the prior operation will continue to be processed on leach pads". On the old pads right? Through q2 or whatever to run out the previous operation.

But, Didnt they just finish new leach pads that are 100 times the size and designed with a new solution management system for improved leach kinetics?

Didnt they also find some suitable "transitional ore" that can be processed on the new pads, because it better profiles with the ore...

while they do some infill and step out drilling to improve the M&I from the underdrilled inferred zones and grow the resource, along with the metallurgical testing to tune some of the variability of the ore being put on the pads. The new bigger pads?

The solution management in the new pads will improve the recoveries while being more cost effective, which was one of the knocks against them in the past.

Silver recovery was lower, because of the leach kinetics of the old pads and the lack of sufficient silver assaying to understand some of the ore transitions that can affect recoveries.

Seems like they have that solved for the moment while fine tuning the plan for the milling?

If i understand that all correctly, then I think we are all going to be pretty happy here.


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