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Hycroft Mining’s Major Turnaround: High-Grade Silver Discovery & Full Debt Reset | CEO Diane Garrett

Oct 27, 2025
Diane Garrett, President and CEO of Hycroft Mining, discusses her impressive turnaround experience, notably at Remarco, and how she led Hycroft to wipe out over $200M in debt. She shares insights on assembling a skilled technical team and the significance of Hycroft's recent high-grade silver discoveries in Nevada. With impressive gold and silver reserves, Diane highlights the company’s future potential and support from major institutional investors, creating an exciting outlook for Hycroft's growth and strategic advancements.
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INSIGHT

Massive Gold And Silver Resource

  • Hycroft hosts over 10 million ounces of gold and ~400 million ounces of silver in M&I resources.
  • Silver will likely contribute roughly 40–45% of future revenues.
ANECDOTE

Remarco Team Reunites At Hycroft

  • Diane recruited almost the entire core Remarco technical team to Hycroft to minimize operational risk.
  • Many team members moved from South Carolina to Nevada to recreate the successful culture.
INSIGHT

Problems Were Fixable, Not Geological

  • Diane argues Hycroft’s problems were management and capital structure, not the ore itself.
  • Metallurgical work shows the sulfide ore is recoverable and fixable with conventional processes.
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