
Hycroft Miningâs Major Turnaround: High-Grade Silver Discovery & Full Debt Reset | CEO Diane Garrett
Wealthion - Be Financially Resilient
Assembling a Proven Technical Team
Trey asks about team composition; Diane describes recruiting Remarco and Newmont veterans and key hires like Alex Davidson.
Hycroft Mining has undergone one of the most significant turnarounds in the precious metals sector. In this in-depth conversation, Hycroft CEO Diane Garrett sits down with Trey Reik to explain how the company:
- Wiped out over $200M in inherited debt
- Rebuilt the technical and operating team behind her past success at Remarco
- Secured support from major long-only institutional investors, including Eric Sprott, BlackRock, Franklin, and Tribeca
- And made high-grade silver discoveries that may reveal the deeper feeder zone driving one of the largest precious metals systems in the U.S.
With 10 million ounces of gold and almost 400 million ounces of silver in a Tier-1 Nevada jurisdiction, and new drilling suggesting the system may be higher-grade and larger than previously understood, Hycroft is now positioned for a major re-rating.
đĄThe in-person Silver Conference in Toronto has wrapped, but you can still watch the full event virtually. Get on-demand access to the WealthionâSCP Resource Finance Global Silver Conference 2025 here: https://www.eventbrite.com/e/wealthion-scp-global-silver-virtual-conference-2025-replay-tickets-1902081851019?aff=oddtdtcreator
đĄGet SCP Resource Finance and Trey Reikâs deep-dive Silver investing report by joining our accredited investor list here: https://www.wealthion.com/accredited
Chapters:
1:16 - Hycroft: One of the Largest Precious Metals Systems in America?
2:07 - The Permitting Advantage: Why Nevada + Dianâes Experience at Remarco Matters
3:05 - Meet the Dream Team Behind Hycroftâs Turnaround
5:33 - Rewriting a Troubled Legacy: Has Hycroft Changed Its Story?
9:10 - From $200M in Debt to a Clean Balance Sheet: How They Did It
14:28 - Are They Now Fully Funded for What Comes Next?
15:52 - Cracking the Metallurgy Code: Can They Actually Recover the Metals?
19:49 - âď¸Wealthion Golden Nugget: High-Grade Silver Breakthrough at Hycroft Mining!
22:38 - Is There Still Big Upside for New Investors?
25:55 - Explorer, Developer and Soon-to-Be Producer Again?
27:56 - Gold & Silver Are Ripping: Whatâs Driving the Move?
32:33 - Why This Time Might Actually Be Different for Hycroft
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