Hycroft Mining Holding Corp (HYMC)

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The 2019 bfs was based on .5 as i recall. And a planned 60000 tpd at peak.

They are looking for the higher grades here with the rc relatively speaking for a starter pit.

And clearly succeeding here with the early results that are showing continuity and higher grades than the resource avg.

Finding 1gt or 2x the avg grade means moving half the dirt to make the same amount.

We still havent heard any news from the core drilling.

That is where the opportunity for a discovery comes in.

Alex had a core with a vug in it and white clay.

To me, this is but a couple examples where their strategy is starting to show. The grades from RC are double resource grade.

The first drill core in Vortex hit a vug, so they found their geologic depth to hone in on the underground feeders.

Takes time just 43000 of 100000 rc drilled and only 2300 of 25000 core drilled.

So lots of opportunity for discoveries.