Hycroft Hits 30.5m at 780 g/t Silver and New High-Grade Gold at Vortex
HYMC has more than doubled off its 52-week low of $5.3.
Summary
Hycroft reported its strongest drill results yet from the 2025-2026 program, including 30.5 meters at 780.53 g/t silver at Vortex and a new high-grade gold intercept of 6.1 meters at 21.12 g/t gold. The gold interval, higher in the system, suggests a potential separate high-grade gold zone and warrants follow-up drilling. Brimstone also extended north with 5.5 meters at 1,345.27 g/t silver, including 1.8 meters at 4,074 g/t silver. These results materially expand the known high-grade mineralization and support the case for a high-grade underground mine. The company's exploration strategy is being validated with consistent thick, high-grade intercepts across both systems.
At the time of this announcement, HYMC was trading at $22.93 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $2.1B. The 52-week trading range was $5.30 to $58.73. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: PR Newswire.