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Hycroft reports high-grade silver drill results at Nevada mine

Drilling at Hycroft Mining’s Brimstone and Vortex sites in northern Nevada intersects up to 375 g/t silver, extending known mineralized zones. CEO Diane Garrett cites strong growth potential.

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David Chen · Commodities Desk · 20 Aug 2026 · 00:20 · 1 min read
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Hycroft reports high-grade silver drill results at Nevada mine

Hycroft Mining Holding Corporation (NASDAQ: HYMC) reported high-grade silver drill results from its ongoing exploration program at the Brimstone and Vortex sites in northern Nevada’s Hycroft Mine district.

The company has completed approximately 15,585 meters of a planned 26,000-meter core drilling program, which began in August 2025. Remaining drilling is targeted at Brimstone and Vortex, with roughly 7,200 meters and 3,000 meters respectively still planned.

At the Brimstone site, drilling intersected 82.7 meters at 87.52 grams per tonne silver and 0.77 grams per tonne gold, including a 19.4-meter interval grading 108.19 g/t silver and 2.10 g/t gold. The mineralized system measures approximately 300 meters wide and 500 meters long. At Vortex, drilling extended the silver system roughly 150 meters west and intersected 12.5 meters at 375.41 g/t silver, including 4.2 meters at 748.02 g/t silver. The strike length exceeds one kilometer, with the system more than 500 meters wide at its widest point.

Both systems remain open in all directions and at depth, according to the company. Hycroft has paused mining operations to focus on exploration and is evaluating development options, including the potential for an underground silver mine.

Executive Chairman and CEO Diane Garrett stated, 'Our drilling continues to confirm the size, continuity, and growth potential of the high-grade silver systems at Brimstone and Vortex.'

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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