Hycroft Mining Files First Quarter 2026 10-Q and Provides Corporate Update

About this update from Hycroft Mining Holding Corporation

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 th...

View stock analysis, news, and events for Hycroft Mining Holding Corporation