HYMC · Hycroft Mining Holding Corporation

Hycroft Mining Holding Corporation reported a pivotal first quarter for 2026, characterized by a robust financial position and significant exploration success. The company maintained a strong liquidity profile with $189.0 million in cash and cash equivalents and no debt, providing a solid foundation for its ongoing strategic initiatives. A primary value driver for the quarter was the substantial 55% increase in measured and indicated mineral resources, elevating gold resources to 16.4 million ounces and silver resources to 562.6 million ounces. This expansion is underpinned by the discovery and extension of high-grade silver systems at Brimstone and Vortex, where drilling has yielded exceptional results, including the extension of mineralization at Vortex west and approximately 150 meters down-dip at Brimstone. Operationally, the company sustained an injury-free safety record, achieving a 0.00 TRIFR over more than 1.4 million work hours. The company's growing market recognition was evidenced by its inclusion in the VanEck Junior Gold Miners ETF (GDXJ) and promotion to the MSCI Small Cap Index. Looking ahead, management plans to accelerate exploration by adding two core drill rigs, complete a Preliminary Economic Assessment (PEA) for milling sulfide ore, and advance activities for future development.