en.Wedoany.com Reported - US gold and silver company Hycroft Mining Holding Corporation announced that Diane R. Garrett has assumed the role of Executive Chairman while continuing to serve as Chief Executive Officer. The company is simultaneously advancing the development of the Hycroft mine located in northern Nevada, where two new high-grade silver mineralized systems were discovered within known resource areas in 2023. An expansion drilling program is planned for 2025 to 2026, and technical studies are underway to transition the mine from oxide heap leaching to milling for sulfide ore processing.

This appointment follows a recently completed Board review conducted in alignment with the company's growth strategy, alongside the initiation of a process to add three independent directors. The company previously appointed Eric Colby as Executive Vice President and Head of Corporate Development, and expects to make additional key hires in the coming months to strengthen operational and strategic capabilities.

Hycroft Mining Chairman and CEO Diane R. Garrett commented on the appointment and the company's strategic direction: "It is a tremendous honor to serve as Executive Chairman while continuing my responsibilities as CEO, and it reflects the Board's confidence in our strategy and direction. This expanded role strengthens alignment within the company, supports our disciplined execution, and advances the development of the Hycroft mine to create long-term value for shareholders by maximizing the potential of this world-class asset. Furthermore, our appointments at both the Board and senior management levels will further build a team with deep experience and capabilities to support our ambitions. Hycroft is entering an exciting phase in its growth trajectory, and today's announcement reflects the sustained momentum as we position the company for future opportunities."

Hycroft Mining will continue to enhance its Board with the appointment of three additional independent directors and expects to make further key senior management hires in the coming months.

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