Primary ticker: NASDAQ: HYMC Stage of development: Exploration, Development Primary minerals: Gold, Silver Project to promote: Hycroft Mine (Nevada) Project location: United States Website: www.hycroftmining.com
Hycroft Mining owns the gold and silver Hycroft Mine in the prolific mining region of Nevada. The Hycroft Mine ranks among the top 20 largest gold and silver deposits in the world, is the 2nd largest gold resource and largest silver resource in N. America. Hycroft has a successful production history and is now poised to transform into the next larger scale phase of development. The Hycroft Mine is fully permitted and has substantial infrastructure on site. This world class size resource of over 15 million ounces of gold and nearly 700 million ounces of silver represents just 2% of the company’s land position in Nevada
Financials
Management Profile
Diane Garrett – President & CEO Dr. Garrett has over 25 years of senior executive management experience in the mining industry and an exceptional track record for developing projects, building companies and delivering shareholder value. At Romarco Minerals, she built and led the team that developed the multi-million ounce Haile Gold mine from discovery through to construction and grew the Company from $20 million market cap to $1.3 billion. She was formerly with US Global Investors as senior mining analyst and portfolio manager. Dr. Garrett holds a Ph.D. in Engineering and a Masters degree in Mineral Economics.
What is your rationale for taking part in 121 Mining Investment?
The goal is to broaden the shareholder base providing market support and highlight our world-class asset to the European investment community.
What recent news would you like to highlight to investors attending?
1) Two recent major investors, Eric Sprott & AMC Entertainment 2) Fully permitted development project 3) Recent high-grade identified through drilling
What are your key goals in 3 months, 6 months, 12 months?
3 Months: Robust Exploration Program
6 Months: Finalize Technical Studies for Development
12 Months: Within 12 months, construction decision
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Our exposure to commodity price volatility
What do you think makes your company such a compelling investment?
One of North America’s largest gold and silver resources, fully permitted in a Tier 1 mining jurisdiction.
What are the top 3 key investor takeaways?
1) Robust cash position of $172 M 2) One of the world’s largest gold and silver deposits poised for development 3) High profile institutional investors