Hycroft Mining presents underground and open-pit production options
HYMC•Hycroft Mining is evaluating underground, open-pit and hybrid production options for its Nevada mine and reported $211 million in unrestricted cash with no debt.
1. Mine development options
Hycroft Mining is evaluating underground, open-pit and hybrid production options, while assessing when to restart heap-leach processing through existing infrastructure. It said underground development could bring Brimstone and Vortex ounces forward in the mine life; it is drilling to extend both systems and explore new prospects, and plans to add two rigs in coming months.
