Hycroft Mining announced today that it produced 5,358 ounces of gold and and 16,861 ounces of silver in Q1.
The company operates in northern Nevada.
The company’s cash position is $172.8 million of cash on hand.
The company said it could have more silver.
“Following our review of the resource in
2021, we announced on February 22, 2022 that silver may be under-estimated in the resource model
noting that a significant portion of historical drilling in the database does not include assay
information for silver,” wrote the company.
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