Hycroft Ends Q3 With $211M Cash, No Debt, as CFO Steps Aside
WINNEMUCCA – October 28, 2026 -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ended the third quarter with $211 million in unrestricted cash and no debt. The balance sheet funds exploration, technical studies and project advancement at its Nevada silver and gold project.
CEO Diane Garrett said the company is "well funded to execute our plan."
Drilling at Brimstone and Vortex tops 18,700 meters
Hycroft has drilled approximately 18,700 meters since its 2025-2026 Exploration Drill Program began. Results continue to show high-grade growth at the Brimstone and Vortex silver systems. Garrett said both systems remain open in all directions and at depth, and drilling will continue.
Roasting-versus-POX study results due in first quarter of 2027
Hycroft is finalizing a trade-off study between roasting and pressure oxidation (POX) processing methods in the fourth quarter. Results are expected in the first quarter of 2027.