HYMC I 21.66

NASDAQ: HYMC I 21.66

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CHANGE: 1.77

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VOL: 2,012,745

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Overview

KEY HIGHLIGHTS

Stage

Development

Develop-ment

Resources

Gold / Silver

Ownership

100%

Acres

64,000

M&I Gold Oz

16.4

M

Inferred gold

5.03

M

M&I Silver Oz

562.6

M

Inferred silver

132.8

M

Location and access

The Hycroft Mine is located in the Sulfur Mining District, 54 miles west of Winnemucca, and straddles Humboldt and Pershing counties, in Nevada.

The mine is accessible year-round via Nevada State Route 49 (Jungo Road) and the Union Pacific railway. It encompasses approximately 64,000 acres, including both patented and unpatented claims.

Contained Metal

Gold and silver are shown separately and on their own scales, because expressing them as a single equivalent figure hides the contribution of each. The mineralization remains open in all directions and at depth, and inferred resources are not included in the mine plan set out in the Technical Report Summary.

Contained ounces from the January 2026 Mineral Resource Estimate, combined heap leach and mill, based on metal prices of $3,100 per ounce gold and $36.00 per ounce silver. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Numbers may not sum exactly due to rounding.

Measured & indicated Inferred

Both shows the two categories to the same scale.

Silver

0 200 400 600 800 Measured and indicated 562.6 million ounces Inferred 132.8 million ounces 562.6 132.8 695.4 Total Million ounces

Gold

0 5 10 15 20 25 Measured and indicated 16.4 million ounces Inferred 5.0 million ounces 16.4 5.0 21.4 Total Million ounces
Contained metal split Gold 72 per cent, silver 28 per cent, Measured and Indicated 22.9 Million oz AuEq
Gold 72% 16.4 Million oz AuEq 16.4 million oz contained gold
Silver 28% 6.5 Million oz AuEq 562.6 million oz contained silver

Hycroft Mine Virtual Tour

The Technical Report Summary

The S-K 1300 Technical Report Summary and Initial Assessment (the “TRS”), published in June 2026, confirmed the scale, quality, and long-term potential of the Hycroft Mine.

The project delivers strong economics and significant leverage to rising gold and silver prices, reinforcing Hycroft’s position as one of the sector’s most compelling large-scale development opportunities, located in a tier-1 jurisdiction.

NPV5 - Base case, pre-TAX

$5.4

B

NPV5 - Base case, post-TAX

4.3

B

NPV5 at spot prices

$10.0

B

IRR — PRE-TAX / POST-TAX

18.9

% /

16.9

%

IRR AT SPOT, POST-TAX1

30.1

%

GROSS REVENUES — BASE CASE

54.2

B

MINE LIFE

51

years

AVERAGE ANNUAL PRODUCTION

204,000

oz gold

6.8

M oz silver

295,000

oz AuEq

LOM CASH COST2 / AISC3

$1,924

per oz AuEq

$2,147

per oz AuEq

1 Spot prices for gold and silver as of May 25, 2026: $4,569 per ounce of gold and $77.94 per ounce of silver
2 Cash costs consist of mining costs, processing costs, mine-level G&A, and refining charges and royalties
3 All-in sustaining costs includes cash costs plus sustaining capital and closure costs

Technical reports

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Exploration & discovery

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