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Hycroft Delivers $10 Billion NPV from Technical Report at Spot Prices While Advancing High-Grade Brimstone and Vortex Silver Discoveries
Hycroft Delivers $10 Billion NPV from Technical Report at Spot Prices While Advancing High-Grade Brimstone and Vortex Silver
About this update from Hycroft Mining Holding Corporation
[{"type":"text","content":"WINNEMUCCA, Nev., June 2, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) (\"Hycroft\" or \"the Company\"), is pleased to announce the results from its S-K 1300 Technical Report Summary and Initial Assessment (the \"TRS\"), which outlines the economics and mine plan for a milling operation utilizing conventional pressure oxidation (\"POX\") and heap leach processing at the Hycroft Mine in Nevada, USA. All amounts are in US dollars, and all figures are presented in US customary units.The TRS demonstrates that Hycroft hosts a large-scale, long-life precious metals project with compelling economics and strong leverage to rising gold and silver prices, reinforcing its position as a multi-generational, world-class asset in a Tier-1 jurisdiction. The TRS is being filed concurrently with the SEC on EDGAR and is available on the Company's website.Basis of the Technical ReportBase case commodity prices: $3,600 per ounce for gold and $48.00 per ounce for silverSpot prices(1): $4,569 per ounce of gold and $77.94 per ounce of silverMine plan based on the 2026 Mineral Resource Estimate (16.4 million ounces of gold and 562.6 million ounces of silver Measured and Indicated)Inferred mineral resources of 5.0 million ounces of gold and 132.8 million ounces of silver are not included in the mine plan and represent an upside to the TRS economicsDrill results from the 2025-2026 exploration program are not included in the mine plan and represents further upsideHighlights: Robust Economics Demonstrate the Scale and Value of the Hycroft Mine:Base Case Net Present Value at 5% (\"NPV5\") of $5.4 billion (pre-tax) and $4.3 billion (post-tax)Internal Rate of Return (\"IRR\") of 18.9% (pre-tax) and 16.9% (post-tax)NPV5 at spot prices of $10.0 billion and IRR of 30.1% (post-tax)Post-Tax Payback: 4.7 years at Base case prices and 2.9 years at spot pricesGross revenues: $54.2 billion at Base case pricesSignificant Leverage to Commodity Prices:For every $100 increase in gold price per ounce, the post-tax NPV5 increases by $300 million For every $5.00 increase in silver price per ounce, the post-tax NPV5 increases by $460 millionMulti-Decade Production Profile at Meaningful Scale:51 year mine lifeAverage annual production:204,000 ounces of gold6.8 million ounces of silver295,000 ounces gold equivalent(2) (\"AuEq\")First 10...