Diane Garrett: Hycroft’s Shocking High-Grade Silver Find #hycroftminingholding #silverinvesting

Key Concepts

• High-grade silver mineralization
• Boiling zone
• Feeder zone
• Plumbing system of the Earth
• Low-grade oxide mineralization
• Precipitation of minerals
• Multi-thousand gram silver intercepts
• Large silver crystals

High-Grade Silver Mineralization at Highraftoft

The primary focus of this discussion is the significant silver resource at Highraftoft, characterized by its immense scale and high-grade nature. The speaker highlights that the attraction to Highraftoft stemmed from the sheer size of the resource, which predecessor companies had not fully explained. The core hypothesis is that such a massive resource must originate from deep geological "plumbing" systems within the Earth.

Geological Model: The Feeder and Boiling Zones

The geological model proposed suggests that the high-grade mineralization is directly linked to a "feeder zone" or "boiling zone" deep within the Earth. This deep-seated process is believed to be the source of the mineralization. The low-grade oxide mineralization observed on the surface is interpreted as a consequence of mineral precipitation from these deep sources.

Research and Drilling Results

The team at Highraftoft dedicated two years to studying and reinterpreting existing data from predecessor companies. This extensive research phase was followed by a drilling program. The drilling efforts yielded "staggering" results, with intercepts of "multi-thousand gram silver" over significant widths, ranging from 20 to 80 meters. These results were consistently achieved throughout the past year.

Core Observations and Mineralogy

Observations from the drill core have revealed compelling details. Beyond the high-grade silver veinings, the presence of "large, large silver crystals" has been noted. The speaker posits that these large crystals are indicative of formation at very deep levels, consistent with the proposed "feeder zone" or "boiling zone" where mineral-rich fluids are concentrated and precipitate.

Synthesis and Conclusion

The Highraftoft project is characterized by a massive silver resource attributed to deep geological processes, specifically a "feeder zone" or "boiling zone." Extensive historical data review and subsequent drilling have confirmed the presence of exceptionally high-grade silver mineralization, with intercepts reaching multi-thousand grams per tonne over substantial widths. The discovery of large silver crystals in the core further supports the hypothesis of deep-seated formation, suggesting a robust and significant mineralizing system at Highraftoft.