Hycroft Confirms Positive Metallurgical Test Results; Results Demonstrate Significantly Improved Recoveries For Both Gold And Silver
Portfolio Pulse from Happy Mohamed
Hycroft Mining Holding Corporation (NASDAQ:HYMC) has announced positive results from its Metallurgical Flotation Variability Study. The study confirms average flotation recoveries of 89% for gold and 93% for silver, an increase from 80% for both metals in the March 2023 Technical Report. The improved recoveries are due to modifications to the grind size, reagents, and retention time. The results will be used to design the Hycroft processing facility for the next phase of commercial operations.
September 06, 2023 | 12:07 pm
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POSITIVE IMPACT
Hycroft Mining's positive metallurgical test results, showing improved recoveries for gold and silver, could potentially boost the company's stock in the short term.
The positive results from the Metallurgical Flotation Variability Study indicate that Hycroft Mining has improved its recovery rates for gold and silver. This could potentially increase the company's revenues and profitability, which could in turn have a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100