Hycroft Mining (US:HYMC)2026-03-03 11:15Financial Performance - In 2025, the company achieved a total shareholder return exceeding 950% and eliminated all debt from its balance sheet[4]. - The company reported cash and cash equivalents of US$181.7 million, which increased to US$194.1 million as of February 28, 2026, after warrant exercises and expenditures[6]. - The company eliminated the Crofoot net profits royalty for $2.5 million and acquired Crofoot sulfur and other mineral rights for $1.5 million[6]. - The company was added to the MSCI Small Cap Index effective February 27, 2026[6]. Mineral Resources and Exploration - Measured and indicated gold and silver mineral resources increased by approximately 55% to 16.4 million ounces of gold and 562.6 million ounces of silver[6]. - The company initiated the 2025-2026 Drill Program, the largest drill program under current management, estimated at 26,000 meters of core drilling[6]. - Initial drill results at Vortex demonstrated higher grades, expanding approximately 70 meters to the northwest and 90 meters down-dip to the west[6]. - The company plans to accelerate exploration drilling to expand two newly identified high-grade silver systems in 2026[10]. - The company aims to complete a Preliminary Economic Assessment (PEA) technical report, which has been delayed due to the substantial increase in mineral resources[7]. - The recent mine plan is based on a new resource containing in excess of one billion mineral resource tonnes[11].