Hycroft Mining (HYMC) Corporate presentation summary

Investment highlights

• Holds one of the world's largest gold and silver deposits, with significant exploration upside and only 15% of its 64,000-acre land package explored.

• Financially stable with $221M cash and no debt as of June 2026, and trading at a significant discount to NAV.

• Located in Nevada, a top-tier mining jurisdiction with robust infrastructure and favorable regulations.

• Institutional ownership is high, with inclusion in major indices and top global investors.

• Expanded leadership and board with deep mining and capital markets experience.

Resource base and project scale

• Measured & indicated resources: 563 Moz silver, 16.4 Moz gold; inferred: 133 Moz silver, 5.0 Moz gold.

• Silver equivalent resources: 1.8B oz (M&I), 510M oz (inferred); gold equivalent: 23.9M oz (M&I), 6.8M oz (inferred).

• High-grade domains at Brimstone and Vortex: 90.2 Moz silver, 299,000 oz gold (M&I).

• Among the top global gold and silver properties by contained ounces.

Exploration and development strategy

• Aggressive drilling program with 26,000 meters completed in 2025-2026, targeting high-grade extensions and new district-scale targets.

• Multiple production pathways under evaluation: high-grade underground, open-pit, and hybrid models.

• Heap leach restart under assessment, with existing infrastructure and RC drilling underway.

• New geophysical and geochemical techniques are expanding known systems and identifying new targets.