Hycroft Expands Vortex High-Grade Silver System

Investor webinar replay

Meeting Overview The meeting focused on recent drilling results at Highcroft Mining's Vortex and Brimstone sites, highlighting significant silver grades and the potential for further exploration. Key insights were shared by CEO Diane R. Garrett and Chief Geologist Alex Davidson regarding the implications of these findings and future drilling strategies. Key Discussion Points - Discussion of the recent drilling results at Vortex, specifically Hole H25D6070, which returned high silver grades. - Insights into the geological structure and potential for further mineralization at Vortex. - Exploration strategies for both Vortex and Brimstone, including the use of directional drilling techniques. - The excitement surrounding the discovery of mineralized veins and the implications for future drilling. - The efficiency gains from using directional drilling to reduce time and costs. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Await assay results...

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[Speaker identities could not be resolved; generic labels used] [00:04] Speaker 1: I will say good morning, good afternoon or good evening, depending on where in the world you're shining in from. I've got with me today, Ms. Diane R. Garrett, CEO of Highcroft Mining and Alex Davidson, the company's chief geologist. Folks, how are we doing today? Good. [00:16] Speaker 3: Excellent. [00:17] Speaker 1: Awesome. Better than good. [00:20] Speaker 1: That's perfect. [00:21] Speaker 1: So I've got some questions about [00:23] Speaker 1: your most recent news release because I think it's so exciting. [00:26] Speaker 1: Alex, I'll start with you, but Diane, I'm eager to hear your take on each of these questions too. But Alex, Hole [00:32] Speaker 1: H25D6070 [00:34] Speaker 1: returned 30.8 [00:35] Speaker 1: meters at 438 [00:37] Speaker 1: grams per ton of silver, which is crazy to me. Your team is calling these the highest grades with the best continuity we've seen at Vortex over 2 years of drilling and 1 of the coolest [00:47] Speaker 1: returns I've ever seen. So what does the intercept like this tell you about the system you're dealing with and how does it change your understanding of Vortex's potential? [00:56] Speaker 2: You know, I'll tell you, [00:57] Speaker 2: we were all very, very surprised to see [01:01] Speaker 2: this whole come out. We were expecting [01:03] Speaker 2: similar grades. You know, Vortex normally runs [01:07] Speaker 2: about 200 [01:08] Speaker 2: to 250 when we're in the good high-grade zone [01:11] Speaker 2: grams per tonne Silver. [01:13] Speaker 2: And then to pull this out, [01:17] Speaker 2: we recognised right away when we could see it. Of course, [01:21] Speaker 2: very visible silver, [01:23] Speaker 2: very pretty to look at. [01:25]...