HYMC

WINNEMUCCA, Nev., July 28, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces its second quarter results and the filing of its Quarterly Report on Form 10-Q. Second Quarter 2026 Highlights Maintained injury-free safety record with no lost-time incidents, 1.02 total recordable injury frequency rate ("TRIFR") and more than 1.4 million work hours without a lost-time incident Maintained strong balance sheet with $220.5 million in unrestricted cash and no debt, placing the Company in a strong financial position to support ongoing exploration, technical studies, and project advancement activities Published updated S-K 1300 Technical Report Summary, which outlined robust project economics for a large-scale, long-life precious metals project in a Tier1 jurisdiction Continued the 2025-2026 Exploration Drill Program focused on expanding the high-grade silver systems at Brimstone and Vortex Added to the Russell 3000® Index effective June 29, 2026 Named a finalist in the Mining Magazine Awards for the 2026 Exploration Excellence Award, with CEO Diane Garrett also named a finalist for the Woman of the Year Award Through the remainder of 2026, the Company plans to: Continue operating safely and responsibly Accelerate drilling of the two high-grade silver systems with the addition of two core drill rigs, bringing the total to four rigs Evaluate a potential high-grade mining scenario, including the design of an exploration decline to support future underground mining operations, improve drilling efficiency, and reduce costs Advance test work and evaluation of roasting, including a trade-off study against pressure oxidation (POX), to further optimize the economics of the development plan Diane R. Garrett, Executive Chairman and Chief Executive Officer, commented: "The second quarter was a period of excellent progress as we continued to build on our strong foundation. We closed the period with $220.5 million in cash, and no debt. The updated S-K 1300 Technical Report Summary demonstrates the long-term potential of the Hycroft Mine. Looking ahead, we will continue to focus on advancing the high-grade systems at Brimstone and Vortex with the addition of two additional core rigs. Additionally, we will continue to advance the technical and economic trade-off studies that will sharpen the development plan. The most significant value opportunities at Hycroft are still ahead of us as we advance the project towards production." The Company's Quarterly Report on Form 10-Q for the period ended June 30, 2026, was filed with the SEC on July 28, 2026, and is available at www.sec.gov/edgar. See "Cautionary Note Regarding Forward-Looking Statements" below. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a US-based gold and silver company exploring and developing the Hycroft Mine, among the world's largest precious metals deposits, located in northern Nevada, a Tier1 mining jurisdiction. With a long history of heap leach operations, Hycroft is advancing to the next phase of operations for processing sulfide mineralization. In addition, Hycroft is engaged in a robust exploration drill program (2025-2026 exploration drill program) to expand and advance the two new high-grade silver systems Brimstone and Vortex. These discoveries represent a significant value driver for the Hycroft Mine. Hycroft Contacts: Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this press release and in public statements by our officers or representatives that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements. These include, but are not limited to, statements regarding future business strategy, plans and goals, competitive strengths, the advancement and development of the Hycroft Mine, the results and implications of metallurgical analysis and test work, and the expansion and growth of our business. Forward-looking statements are often identified by future or conditional words such as "estimate," "plan," "anticipate," "expect," "intend," "believe," "target," "budget," "may," "can," "will," "would," "could," "should," "seeks," "scheduled to" and similar words or expressions but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. The risks include, but are not limited to: (i) risks related to changes in our operations at the Hycroft Mine, including reducing the size of the workforce to reflect the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to the lack of a completed feasibility study; risks related to metallurgical test work and process development; and risks related to our ability to re-establish commercially feasible mining and processing operations; and (ii) industry-related risks, including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; and the availability and cost of equipment, supplies, energy or reagents. Any exploration target described in this press release does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve. Ranges of potential tonnage and grade (or quality) of an exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These and other risks may cause actual results to differ materially from those expressed or implied by the forward-looking statements, and the occurrence of one or more of these events or circumstances, alone or in combination with others, may have a material adverse effect on our business, cash flows, financial condition and results of operations. Please see the "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other reports filed with the SEC, for more information about these and other risks. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements are based on assumptions that we believe are reasonable when made, forward-looking statements are not guarantees of future performance and actual results, performance or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release. Any forward-looking statements made in this press release speak only as of the date of this press release. We undertake no obligation to update these forward-looking statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments, except as required by law. View original content to download multimedia:https://www.prnewswire.com/news-releases/hycroft-reports-q2-2026-results-with-strong-balance-sheet-302835841.html

WINNEMUCCA, Nev., April 28, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") announces first quarter 2026 results and filing of its Form 10-Q. First Quarter 2026 Highlights Maintained injury free safety record with no lost-time incidents, 0.00 total recordable injury frequency rate ("TRIFR") and more than 1.4 million work hours without a lost-time incident Maintained strong balance sheet with cash and cash equivalents of US$189.0 million and no debt Increased measured and indicated gold and silver mineral resources by approximately 55% to 16.4 million ounces of gold (and an additional 5.0 million ounces of inferred) and 562.6 million ounces of silver (and an additional 132.8 million ounces of inferred) as reported in the Initial Assessment Technical Report filed February 18, 2026 Established initial high-grade silver resource with underground potential at 90.2 million ounces of measured and indicated silver and an additional 13.4 million ounces of inferred and 299 thousand ounces of measured and indicated gold and an additional 51 thousand ounces of inferred as reported in the Initial Assessment Technical Report filed February 18, 2026 Continued the 2025-2026 Exploration Drill Program focused on expanding the high-grade silver systems at Brimstone and Vortex, completing more than 9,000 meters of drilling under the program to date with exceptional drill results Extended high-grade mineralization at Vortex west with opportunity north and south and down dip, with highest grades yet for both silver and gold Extended high-grade mineralization at Brimstone approximately 150 meters down-dip Added to the VanEck Junior Gold Miners ETF (GDXJ) on March 20, 2026, and promoted from the MSCI Micro-Cap Index to the MSCI Small Cap Index both effective February 27, 2026 Diane R. Garrett, President and Chief Executive Officer, commented: "The 2026 first quarter marked significant progress for the Company, highlighted by continued strong safety performance, a robust balance sheet with $189 million in cash and no debt, and a 55% increase in measured and indicated gold and silver resources. Exceptional drill results at Vortex and Brimstone continue to demonstrate the scale and high‑grade nature of our discovery, while our inclusion in the GDXJ ETF and promotion to the MSCI Small Cap Index reflect the growing recognition of the Company's achievements and long‑term potential." In 2026, the Company plans to: Add two core drill rigs (four core rigs total) and accelerate exploration drilling to expand the two high-grade silver systems Initiate step out drilling to test new potential high-grade exploration targets identified within the permitted boundary Complete and publish Preliminary Economic Assessment (PEA) for milling sulfide ore and recovering gold and silver through pressure oxidation process Complete trade-off analysis for pressure oxidation and a roasting process Complete in-fill reverse circulation drilling and metallurgical test work for potential re-start of a heap leach operation Advance activities for future development The Company's Quarterly Report on Form 10-Q for the period ended March 31, 2026, was filed April 28, 2026, and is available at www.sec.gov/edgar. See "Cautionary Note Regarding Forward-Looking Statements" below. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a US-based gold and silver company exploring and developing the Hycroft Mine, among the world's largest precious metals deposits, located in northern Nevada, a Tier-1 mining jurisdiction. In 2023, Hycroft announced the discovery of two new high-grade silver systems within the known resource area and the Company is engaged in a robust exploration drill program (2025-2026 drill program) designed to expand these two systems in addition to targeting new opportunities. These discoveries represent a significant value driver for the Hycroft Mine. In addition, after a long history of oxide heap leach operations, the Company is focused on completing technical studies to transition the Hycroft Mine into a milling operation for processing the sulfide mineralization. For further information, please contact: E: [email protected] Investor Relations Phone: 775-245-0564 www.hycroftmining.com Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this press release and in public statements by our officers or representatives that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements. These include, but are not limited to, statements regarding future business strategy, plans and goals, competitive strengths, the advancement and development of the Hycroft Mine, the results and implications of metallurgical analysis and test work, and the expansion and growth of our business. Forward-looking statements are often identified by future or conditional words such as "estimate," "plan," "anticipate," "expect," "intend," "believe," "target," "budget," "may," "can," "will," "would," "could," "should," "seeks," "scheduled to" and similar words or expressions but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. The risks include, but are not limited to: (i) risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to the lack of a completed feasibility study; risks related to metallurgical test work and process development; and risks related to our ability to re-establish commercially feasible mining and processing operations; and (ii) industry-related risks, including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; and the availability and cost of equipment, supplies, energy or reagents. Any exploration target described in this press release does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve. Ranges of potential tonnage and grade (or quality) of an exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These and other risks may cause actual results to differ materially from those expressed or implied by the forward-looking statements, and the occurrence of one or more of these events or circumstances, alone or in combination with others, may have a material adverse effect on our business, cash flows, financial condition and results of operations. Please see the "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other reports filed with the SEC, for more information about these and other risks. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements are based on assumptions that we believe are reasonable when made, forward-looking statements are not guarantees of future performance and actual results, performance or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release. Any forward-looking statements made in this press release speak only as of the date of this press release. We undertake no obligation to update these forward-looking statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments, except as required by law. View original content to download multimedia:https://www.prnewswire.com/news-releases/hycroft-files-first-quarter-2026-10-q-and-provides-corporate-update-302755059.html

WINNEMUCCA, Nev., Oct. 28, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") announces third quarter 2025 results and filing of its Form 10-Q. President's Message This quarter marks a transformational chapter in our Company's journey. By eliminating our debt and strengthening our balance sheet, we are now well positioned to aggressively pursue our operating plan and evaluate opportunities that support long-term value creation. The transaction also expanded our shareholder base globally to include additional mining focused institutional investors in Australia and the United Kingdom further enhancing our visibility on the international stage, and we value the continued commitment of our retail stockholders. To our shareholders, both longstanding and new, thank you for your continued support of our Company, the team and our vision for unlocking value at this world class asset. And to our employees and the local communities, your dedication and partnership remain invaluable. We are energized by the progress we've made—and are even more excited about the road ahead. Diane R. Garrett, PhD, President and CEO Third Quarter 2025 Highlights Corporate Highlights In the third quarter of 2025 and through October 27, 2025, Hycroft advanced several key activities: Strengthened the balance sheet by raising $235 million in net cash proceeds through a combination of public equity offerings, a private placement, warrant exercises, and sales under the at-the-market equity program. The Company then prepaid and eliminated approximately $136 million of total indebtedness. As a result, the Company is debt free. Through the equity offerings completed in 2025, approximately 80% of Hycroft's outstanding shares are now held by institutional investors within the global mining sector. Operational Highlights Safety: Hycroft has maintained a 0.00 TRIFR for three years as of October 23, 2025, operating over 1.4-million-man hours without a Lost Time Incident. Recent Safety awards include: MSHA's 2024 Certificate of Achievement in Safety Award for Metal Nonmetal Mill and Open Pit Group Nevada Mining Association's 2025 Operator Safety Award First Place Surface Small Mine Environmental : Through September 30, 2025, Hycroft maintained an excellent environmental record with an ongoing commitment to environmental stewardship. Exploration: During the third quarter of 2025, the Company began the next phase of drilling with the 2025 – 2026 Exploration Drill Program on the high-grade silver dominant zones in Brimstone and Vortex. The initial plan included 14,500 meters of core drilling with two drill rigs. Through September 30, 2025, approximately 2,450 meters of drilling have been completed on five exploration holes since August 3, 2025, in the high-grade systems and are pending assay by third party laboratories. As a result of the recent financing, the Company will soon be expanding that program to include two additional core drill rigs. Technical Studies: During the first nine months of 2025, the Company advanced the metallurgical and engineering work required to design a sulfide milling operation. Testing composite samples representing the range of sulfide ore characteristics are ongoing. Test programs covering crushing, grinding, flotation, pressure oxidation, and leaching have shown higher gold and silver recoveries relative to the March 2023 technical report. In parallel, metallurgical work on roasting as another potential processing route that could create a third revenue stream by producing sulfuric acid used in several industries, including lithium is continuing. Ongoing roasting test work is focused on determining optimal operating parameters including temperature and retention times in addition to project design and equipment selection. Upon finalizing the parameters and establishing the flowsheet, the Company will begin mine planning to support the next technical report. Considering strong gold and silver prices, the Company is evaluating the re-start of a heap leaching operation within the permitted plan. The Company's Form 10-Q for the period ended September 30, 2025, was filed October 28, 2025, and is available at www.sec.gov/edgar. See "Cautionary Note Regarding Forward-Looking Statements" below. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a U.S.-based gold and silver company exploring and developing the Hycroft Mine, one of the world's largest precious metals deposits located in northern Nevada, a Tier-1 mining jurisdiction. The Company is focused on completing the technical studies to transition the Hycroft Mine into a large-scale milling operation for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to unlock the full potential of our expansive +64,000-acre land package, of which less than 10% has been explored. In 2023 continuing in 2024, Hycroft announced the discovery of two new high-grade silver systems within the known resource area. These discoveries represent a significant new value driver for the Hycroft Mine that the Company is following up on with additional drilling in 2025 and 2026. For further information, please contact: [email protected] www.hycroftmining.com Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events, or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements include, but are not limited to (i) risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; and risks related to our ability to re- establish commercially feasible mining operations; (ii) industry related risks including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; availability and cost of equipment, supplies, energy, or reagents. The exploration target does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve, as ranges of potential tonnage and grade (or quality) of the exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These risks may include the following, and the occurrence of one or more of the events or circumstances alone or in combination with other events or circumstances may have a material adverse effect on the Company's business, cash flows, financial condition, and results of operations. Please see our "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments. View original content to download multimedia:https://www.prnewswire.com/news-releases/hycroft-files-third-quarter-2025-10-q-and-provides-corporate-update-302595989.html

WINNEMUCCA, Nev., July 31, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") announces second quarter 2025 results and filing of its Form 10-Q. President's Message In the second quarter of 2025, Hycroft advanced several key activities: Strengthened the balance sheet by completing a public offering of Units, raising $40.7 million in cash in June 2025 (net of underwriters' discount, before expenses). The exercise of the over-allotment option in July 2025 increased total proceeds to approximately $45.0 million (also net of underwriters' discount, before expenses). As a result of the offering, Eric Sprott's 2176423 Ontario Ltd. increased its ownership in the Company from 7% to 22% and approximately 15 new institutions came into the shareholder registry. Funded and further developed the 2025-2026 Exploration Drill Program that will focus on expanding the high-grade silver systems commencing in early August 2025 and continuing into 2026. The Program anticipates 14,500 meters of core drilling along with programs for geophysics, geochemistry, and other step out exploration activities focusing on the new high-grade silver systems at Brimstone and Vortex and the new target area at Manganese (located east of Brimstone). Continued metallurgical and variability test work for pressure oxidation and roasting of sulfide concentrate, with results expected mid-summer that will be incorporated into the next technical report expected in the fourth quarter of 2025. Continued, in light of strong gold and silver prices and the discovery of new oxide (heap leach) target areas, to evaluate the potential to initiate a heap leach operation as an early-stage development ahead of the planned milling operation. The Company has steadily achieved key milestones in 2025, positioning it to capitalize on new opportunities identified in 2024. Completing technical studies for the next phase of operations remains a top priority, alongside continuing exploration drilling of high-grade silver trends and advancing technical and economic evaluations of oxide mineralization for potential mining and leaching. Hycroft is uniquely positioned to benefit from the current strength in precious metals, supported by its world-class Nevada asset. With over 64,000 acres—less than 10% of which have been explored—expanding high-grade discoveries, existing infrastructure, an experienced core development and operating team, and major permits already in place, Hycroft is significantly ahead of many development-stage companies and well positioned to capture future growth in a robust market environment. Second Quarter 2025 HIGHLIGHTS Corporate Highlights Safety: The Nevada Mining Association ("NVMA") awarded Hycroft the 2025 first place NVMA Operator Safety Award for small surface mines. Hycroft has maintained a 0.00 TRIFR for more than two and a half years, operating over 1.3-million-man hours without a Lost Time Incident. Environmental: Through June 30, 2025, Hycroft maintained an impeccable environmental record and was recognized as stewards of successful reclamation. Balance Sheet: The Company ended the second quarter with unrestricted cash of $68.8 million, restricted cash of $30.0 million and total debt of $131.0 million. Operational Highlights Exploration: In the first half of 2025, the Company advanced its geologic model by incorporating new silver systems and structural data from 2024 programs, and improved understanding of mineral domains through geochemical analysis. The newly updated geologic model will be used to guide the next phase of drilling planned to begin in August 2025. Technical Studies: During the first six months of 2025, the Company advanced metallurgical and engineering work for a potential sulfide milling operation, showing improved gold and silver recoveries through flotation testing. Ongoing studies are focused on optimizing processing methods, including roasting and pressure oxidation, with supporting work on plant design and infrastructure. Trade-off studies will follow to determine the most economically viable processing technology for the Hycroft Mine. The technical study with economics is expected to be complete in the fourth quarter of 2025. The Company's Form 10-Q for the period ended June 30, 2025, was filed July 31, 2025, and is available at www.sec.gov/edgar. See "Cautionary Note Regarding Forward-Looking Statements" below. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a U.S.-based gold and silver company exploring and developing the Hycroft Mine, one of the world's largest precious metals deposits located in northern Nevada, a Tier-1 mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into a large-scale milling operation for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to unlock the full potential of our expansive +64,000-acre land package, of which less than 10% has been explored. In 2023 continuing in 2024, Hycroft announced the discovery of two new high-grade silver systems within the known resource area. These discoveries represent a significant new value driver for the Hycroft Mine that the Company is following up on with additional drilling in 2025 and 2026. For further information, please contact: [email protected] www.hycroftmining.com Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events, or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements include, but are not limited to (i) risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; and risks related to our ability to re- establish commercially feasible mining operations; (ii) industry related risks including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; availability and cost of equipment, supplies, energy, or reagents. The exploration target does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve, as ranges of potential tonnage and grade (or quality) of the exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These risks may include the following, and the occurrence of one or more of the events or circumstances alone or in combination with other events or circumstances may have a material adverse effect on the Company's business, cash flows, financial condition, and results of operations. Please see our "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments. View original content to download multimedia:https://www.prnewswire.com/news-releases/hycroft-files-second-quarter-2025-10-q-and-provides-corporate-update-302518098.html SOURCE Hycroft Mining Holding Corporation

WINNEMUCCA, Nev., May 14, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company") announces first quarter 2025 results and filing of its Form 10-Q. President's Message In the first quarter of 2025, Hycroft advanced on several key activities: Metallurgical and engineering work – metallurgical testing advanced in the first quarter with respect to the trade-off study between roasting and pressure oxidation (POX) processing options for the sulfide ore. Final results are expected mid-summer. Final drill hole assays from the 2024 program were received and demonstrated more positive results in the Brimstone high-grade silver trend (see summary details below and press release dated April 30, 2025) Confirmed two new prospective exploration targets Bay (at the north end of the property) was drilled in late 2024 (drill hole H24E-6014) and demonstrated good high-grade gold veins demonstrating strong target potential at depth; and Manganese (southeast of Brimstone) also drilled in late 2024 (drill hole H24E-6015) yielded very positive results showing mineralization extending east beyond our current resource, with multiple high-grade oxide intercepts on low angle structures warranting further drilling. Given the high commodity price environment and identification of new oxide (heap leach) target areas, the technical team at Hycroft is further assessing the potential opportunity of a start-up heap leach operation in advance of the milling operation. 2025 is expected to be a defining year as we near critical milestones and capitalize on new opportunities identified in 2024. Completing the technical studies for the next phase of operation is a top priority as well as refining drill targets on the high-grade and newly identified areas of oxide mineralization to continue adding value to the Hycroft mine. With precious metals showing remarkable strength, Hycroft stands uniquely positioned with its world-class Nevada asset. With less than 10% of our 64,000+-acre property explored, our high-grade discoveries continuing to expand, existing infrastructure on-site and major mining permits in hand, we are well advanced compared to other development companies, and we are excited about the opportunities ahead in this robust precious metals environment. First Quarter 2025 HIGHLIGHTS Corporate Highlights Safety: Hycroft has maintained a 0.00 TRIFR for more than two years, operating over 1.2-million-man hours without a Lost Time Incident. Environmental: Through March 31, 2025, Hycroft maintained an impeccable environmental record and was recognized as stewards of successful reclamation. Balance Sheet: The Company ended the first quarter with unrestricted cash of $39.7 million, restricted cash of $27.7 million and total debt of $128.0 million. The cash requirements for the first half of each year are considerably higher than the second half of the year due to annual payments for property taxes, property and casualty insurance premiums, employee bonuses, and the strategic alternatives process. Operational Highlights Exploration: The 2024 drill results together with geophysics, geochemistry, and mapping campaigns, has significantly advanced our understanding of the mineralizing controls in the high-grade trends of Brimstone and Vortex. In addition, this work has generated high-grade potential in new exploration targets (Bay and Manganese). The last of the 2024 drill results from Brimstone were received and demonstrate strong continuity of the high-grade veins, both up and down dip, as well as along strike. Furthermore, the work completed throughout 2024 and during the first quarter of 2025 has identified the presence of both structures and intrusives in the high-grade silver trends, which have not previously been modeled and therefore create an excellent high-grade exploration target. The high-grade silver systems remain open in all directions and at depth. With less than 10% of the Company's land position explored, there is tremendous further exploration potential. Technical Studies: During the first quarter 2025 metallurgical and engineering work continued and final metallurgical test work for roasting will be completed mid-year as part of the trade-off studies to assess whether roasting technology could offer superior economics compared to pressure oxidation ("POX") technology for the Hycroft Mine. Roasting could allow the Company to be a significant producer of sulfuric acid, which is used in the lithium and copper mining industries. Once the final processing option is selected based on the projected economic return, the associated gold and silver recoveries and operating costs will be used for mine planning culminating in a technical report with economics by year end 2025. The Company's Form 10-Q for the period ended March 31, 2025, was filed May 13, 2025, and is available at www.sec.gov/edgar. See "Cautionary Note Regarding Forward-Looking Statements" below. About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a U.S.-based gold and silver company exploring and developing the Hycroft Mine, one of the world's largest precious metals deposits located in northern Nevada, a Tier-1 mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into a large-scale milling operation for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to unlock the full potential of our expansive +64,000-acre land package, of which less than 10% has been explored. In 2023, Hycroft announced the discovery of a new high-grade silver system within the known resource area and the delineation of two new high-grade silver trends. These discoveries represent a significant new value driver for the Hycroft Mine that the Company is following up on with additional drilling in 2024. For further information, please contact: [email protected] www.hycroftmining.com Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events, or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements include, but are not limited to (i) risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; and risks related to our ability to re- establish commercially feasible mining operations; (ii) industry related risks including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; availability and cost of equipment, supplies, energy, or reagents. The exploration target does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve, as ranges of potential tonnage and grade (or quality) of the exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These risks may include the following, and the occurrence of one or more of the events or circumstances alone or in combination with other events or circumstances may have a material adverse effect on the Company's business, cash flows, financial condition, and results of operations. Please see our "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments. View original content to download multimedia:https://www.prnewswire.com/news-releases/hycroft-files-first-quarter-2025-10-q-and-provides-corporate-update-302455088.html SOURCE Hycroft Mining Holding Corporation

More High-grade at Brimstone High-grade Gold at Bay Target High-grade Silver at Manganese Target WINNEMUCCA, Nev., April 30, 2025 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company") announces final drill results from its 2024 exploration program (the "Drill Program") at the Hycroft Mine, located in Nevada, a Tier-1 mining jurisdiction. See Table 1 below for full drill results. Webinar For additional context on this news release, join President and CEO Diane R. Garrett and Alex Davidson, V.P. Exploration for a live webinar on Thursday, May 1st at 11:00 a.m. ET/ 8:00 a.m. PT. Click here to register. Highlights from the 2024 Drill Program include: Brimstone: Most recent results (See highlights) demonstrate continued high-grade silver at Brimstone with several intervals exceeding 1000 g/t silver Drilled two of the best holes ever in Hycroft's more than 40-year history New high-grade silver dominant trend identified with multiple intervals exceeding 1000 g/t silver (see press releases on company website) Brimstone remains open up-dip, down-dip and along strike The drilling was successful in establishing continuity of the vein system and firmly established the high-grade Brimstone deposit is derived from an intermediate sulfidation system open at depth Vortex: Drilling identified new high-grade silver dominant trend Vortex remains open both up and down dip as well as opportunities to improve vertical continuity In previously reported drill hole H24D-6007 on the western extension of Vortex, high-grade gold was encountered intersecting 950 g/t silver and 4.78 g/t gold before the hole was lost. Textures observed in the core suggests the hole ended high in the system and the target remains open at depth Drilled two new exploration targets: Manganese Target (See Figure 1 Map location) An oxide target that is situated one (1) km east of Vortex and 0.9 km southeast of Brimstone Drilling and within the permitted Plan of Operations Identified oxide mineralization within 120 meters of the surface and holds potential for a heap leach opportunity Manganese is considered an extension of the Vortex- Brimstone systems Bay Target (See Figure 1 Map location) Situated at the north end of the resource footprint 3.1 km from Brimstone Drilling the deeper extensions of the Bay deposit returned positive results revealing high-grade veins high in the system. Very high fluid flow from surface mapping and in drilling indicates strong target potential at depth Completed three phases of Induced Polarity (IP) geophysics surveys covering 39.7 – line kilometers Brimstone Drill Highlights: H24D-6011: 53.3 meters of 218.92 g/t Ag and 0.26 g/t Au (3.09 AuEq) Including: 25.3 meters of 401.50 g/t Ag and 0.28 g/t Au (5.51 g/t AuEq) H24D-6012: 50.7 meters of 101.82 g/t Ag and 0.28 g/t Au (1.60 g/t AuEq) Including: 6.2 meters of 282.25 g/t Ag and 0.23 g/t Au (3.87 g/t AuEq) H24D-6019: 13.3 meters of 314.05 g/t Ag and 0.16 g/t Au (4.21 g/t AuEq) Including: 6.0 meters of 591.73 g/t Ag and 0.15 g/t Au (7.78 g/t AuEq) Bay Drill Highlights: H24D-6014: 5.7 meters of 4.10 g/t Ag and 2.68 g/t Au (2.73 g/t AuEq) Including: 2.2 meters of 4.74 g/t Ag and 4.91 g/t Au (4.97 g/t AuEq) Manganese Drill Highlights: H24E-6015: 7.6 meters of 293.51 g/t Ag and 0.81 g/t Au (4.59 g/t AuEq) Including: 4.3 meters of 454.21 g/t Ag and 1.18 g/t Au (7.04 g/t AuEq) 10.3 meters of 86.08 g/t Ag and 0.61 g/t Au (1.72 g/t AuEq) Including: 6.5meters of 131.15 g/t Ag and 0.72 g/t Au (2.41 g/t AuEq) Diane Garrett, President and CEO commented: "We are very pleased with the results from the 2024 exploration program. We completed 9,058 meters of drilling, along with geophysics, geochemistry, and mapping campaigns. These results have significantly advanced our understanding of the mineralizing controls in the high-grade trends of Brimstone and Vortex, as well as generated high-grade potential in new exploration targets. The high-grade discoveries could potentially be a starter-mine for the Hycroft sulfide milling operation. Given the high commodity price environment and identification of new oxide (heap leach) target areas, the technical team at Hycroft is further assessing the potential opportunity of a start-up heap leach operation in advance of the milling operation." Alex Davidson, Vice President, Exploration commented: "The last of the 2024 drill results from Brimstone are back and demonstrate strong continuity of the high-grade veins, both up and down dip, and along strike. These very high-grade results in Brimstone coupled with the geochemistry, petrography, mapping and geophysics programs, confirm that Brimstone is the upper portion of an intermediate sulfidation system. This new understanding of Brimstone is a significant shift from the historical concept of the Hycroft system and has influenced how we will advance our exploration programs in the future. Furthermore, the work completed throughout 2024 has identified the presence of both structures and intrusives in the high-grade trends, which have not been modeled previously and will now be used to target high-grade mineralization. On the north end of the property our updated exploration strategy led us to drill hole H24E-6014 in Bay which hit good high-grade veins. The vein textures indicate we are high in the system, opening strong target potential at depth. On the south end of the property a new target - Manganese - situated east of Vortex and southeast of Brimstone, yielded very positive results from drill hole H24E-6015, which clearly shows mineralization extending east beyond our current resource, with multiple high-grade oxide intercepts on low angle structures warranting further drilling. Altogether, these exciting results continue to demonstrate that Hycroft is a world class deposit with significant exploration potential. The technical team continues to review all data from the 2024 exploration and drill program and together with additional information from geophysics and mapping, is identifying drill targets for the next exploration phase." Table 1 About Hycroft Mining Holding Corporation Hycroft Mining Holding Corporation is a US-based gold and silver company developing the Hycroft Mine, among the world's largest precious metals deposits located in northern Nevada, a Tier-One mining jurisdiction. After a long history of oxide heap leaching operations, the Company is focused on completing the technical studies to transition the Hycroft Mine into the next phase of commercial operations for processing the sulfide ore. In addition, the Company is engaged in a robust exploration drill program to further expand the newly discovered high-grade dominant silver systems and unlock the full potential of this worldclass asset, including oxide leaching potential at Manganese. For further information, please contact: [email protected] www.hycroftmining.com Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, Section 21E of the United States Securities Exchange Act of 1934, as amended, or the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included herein and public statements by our officers or representatives, that address activities, events or developments that our management expects or anticipates will or may occur in the future, are forward- looking statements, including but not limited to such things as future business strategy, plans and goals, competitive strengths and expansion and growth of our business. The words "estimate", "plan", "anticipate", "expect", "intend", "believe" "target", "budget", "may", "can", "will", "would", "could", "should", "seeks", or "scheduled to" and similar words or expressions, or negatives of these terms or other variations of these terms or comparable language or any discussion of strategy or intention identify forward-looking statements. Forward-looking statements address activities, events, or developments that the Company expects or anticipates will or may occur in the future and are based on current expectations and assumptions. Forward-looking statements include, but are not limited to (i) risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to a lack of a completed feasibility study; and risks related to our ability to re- establish commercially feasible mining operations; (ii) industry related risks including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; availability and cost of equipment, supplies, energy, or reagents. The exploration target does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve, as ranges of potential tonnage and grade (or quality) of the exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource. These risks may include the following, and the occurrence of one or more of the events or circumstances alone or in combination with other events or circumstances may have a material adverse effect on the Company's business, cash flows, financial condition, and results of operations. Please see our "Risk Factors" outlined in our Annual Report on Form 10-K for the year ended December 31, 2024, and other reports filed with the SEC for more information about these and other risks. You are cautioned against attributing undue certainty to forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements were based on assumptions that the Company believes are reasonable when made, you are cautioned that forward-looking statements are not guarantees of future performance and that actual results, performance, or achievements may differ materially from those made in or suggested by the forward-looking statements in this news release. In addition, even if our results, performance, or achievements are consistent with the forward-looking statements contained in this news release, those results, performance or achievements may not be indicative of results, performance or achievements in subsequent periods. Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements made in this news release speak only as of the date of those statements. We undertake no obligation to update those statements or publicly announce the results of any revisions to any of those statements to reflect future events or developments. View original content to download multimedia:https://www.prnewswire.com/news-releases/2024-year-end-exploration-results-302441871.html SOURCE Hycroft Mining Holding Corporation