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2026 Hycroft Technical Report Summary with Updated MRE Download

Hycroft Mining · HYMC document official 2026-06-11

IP induced polarization ISO International Organization for Standardization LECO Laboratory Equipment Corporation LOM life of mine LWIR Longwave Infrared LTI Lost Time Incident M3 M3 Engineering and Technology Corp MRE mineral resource estimate MS mass spectrometry MWWAI Michael W.

Briefing

IP induced polarization ISO International Organization for Standardization LECO Laboratory Equipment Corporation LOM life of mine LWIR Longwave Infrared LTI Lost Time Incident M3 M3 Engineering and Technology Corp MRE mineral resource estimate MS mass spectrometry MWWAI Michael W. Key points: IP induced polarization ISO International Organization for Standardization LECO Laboratory Equipment Corporation LOM life of mine LWIR Longwave Infrared LTI Lost Time Incident M3 M3 Engineering and Technology Corp MRE mi; The results are positive with only one value at 0.045 g/t; Table 10-8: Estimated Metallurgical Recoveries from 2016 Feasibility Study – Gold and Silver Gold Silver Contained Recovered Recovered koz Recovery (%) Contained koz Recovery (%) koz koz Heap Leach 3,875 1,933 49.9 21,24; This TRS includes drill results received through March 17, 2025, which formed the basis of this mineral resource estimation model, and this updated report; A comparison of pre-2000 drilling and gold assay results versus the 2005-2024 gold assay results indicates that the old data averages higher grade than the new data when compared on a nearest neighbor basis; Assay procedures requested of ALS laboratories Reno and ALS Laboratories in Vancouver include: • ALS Au-AA23 testing: • FA gold with an atomic absorption spectroscopy (“AAS”) finish • FA Fusion with AAS finish for Au • 3. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.

Source Notes

IP induced polarization ISO International Organization for Standardization LECO Laboratory Equipment Corporation LOM life of mine LWIR Longwave Infrared LTI Lost Time...

Extractive summary evidence · source

The results are positive with only one value at 0.045 g/t.

Extractive summary evidence 2 · source

Table 10-8: Estimated Metallurgical Recoveries from 2016 Feasibility Study – Gold and Silver Gold Silver Contained Recovered Recovered koz Recovery (%) Contained...

Extractive summary evidence 3 · source

This TRS includes drill results received through March 17, 2025, which formed the basis of this mineral resource estimation model, and this...

Extractive summary evidence 4 · source

Extracted Document Text

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# 2026 Hycroft Technical Report Summary with Updated MRE Download

Source: https://hycroftmining.com/_resources/reports/2026-Hycroft-Technical-Report-Updated-MRE.pdf?v=0.898
Published: 2026-06-11T14:03:27+00:00
Fetched: 2026-06-11T14:17:48.21+00:00
Source artifact: af752043-e144-49e5-bac1-7f6ac60ed078
Normalizer input: text

## Content

HYCROFT MINE
Hycroft Technical Report Summary and
Initial Assessment
Nevada, USA
Effective Date: January 21, 2026
Prepared for
Hycroft Mining Holding Corporation
PO Box 3030
Winnemucca, NV 89446
Prepared by
Ausenco Engineering South USA
Contributing Authors:
Ausenco Engineering South USA Inc.
Hycroft Mining Holding Corporation
Independent Mining Consultants Inc.
WestLand Engineering & Environmental Services, Inc.
Date and Signature Page
This technical report summary (“TRS”), entitled “Initial Assessment and Technical Report Summary on the Hycroft Mine
Project, Nevada, US is current as of January 21, 2026, and has been prepared by:
Qualified Person or
Responsible for the following sections Signature Date
Consulting Firm
1.1, 1.2, 1.3, 1.8, 2.1-2.4.1, 2.5-2.7, 3.1-3.7, 3.10-3.12, 4,
Ausenco Engineering South
10, 12-19, 21, 22.1 22.2, 22.5, 22.7.1.3, 22.7.2.2, 23.3. “signed” January 21, 2026
USA, Inc.
23.5 and portions of sections 1.10, 1.11, 24, and 25
Hycroft Mining Holding
1.4, 3.9 and 5 “signed” January 21, 2026
Corporation
1.5, 1.6, 1.7, 1.9, 2.4.2, 6, 7, 8, 9, 11, 20, 22.3, 22.4,
Independent Mining 22.6, 22.7.1.1, 22.7.1.2, 22.7.1.4, 22.7.2.1, 22.7.2.3 23.1,
“signed” January 21, 2026
Consultants, Inc. 23.2, 23.4 and portions of sections 1.10, 1.11, 24, and
25
WestLand Engineering &
3.8 “signed” January 21, 2026
Environmental Services, Inc.
Table of Contents
1 Executive Summary ...................................................................................................................................................................................... 1
1.1 Introduction .......................................................................................................................................................................................................... 1
1.2 Terms of Reference ............................................................................................................................................................................................. 1
1.3 Mineral Tenure, Surface Rights, Water Rights, and Agreements..........................................................................................................2
1.4 History .....................................................................................................................................................................................................................2
1.5 Geology and Mineralization.............................................................................................................................................................................3
1.6 Exploration .............................................................................................................................................................................................................4
1.6.1 Exploration Targets .............................................................................................................................................................................4
1.7 Sampling ................................................................................................................................................................................................................4
1.8 Metallurgical Testwork .......................................................................................................................................................................................4
1.9 Mineral Resource Estimate ...............................................................................................................................................................................5
1.10 Conclusions ...........................................................................................................................................................................................................9
1.11 Recommendations ..............................................................................................................................................................................................9
2 Introduction ................................................................................................................................................................................................. 10
2.1 Introduction ........................................................................................................................................................................................................ 10
2.2 Terms of Reference ........................................................................................................................................................................................... 10
2.3 Qualified Persons ................................................................................................................................................................................................11
2.4 Site Visits and Scope of Personal Inspection .............................................................................................................................................11
2.4.1 Site inspection for Jonathan Cooper ............................................................................................................................................. 11
2.4.2 Site inspection for John Marek........................................................................................................................................................ 11
2.5 Effective Dates .....................................................................................................................................................................................................11
2.6 Information Sources and References ...........................................................................................................................................................11
2.6.1 General .................................................................................................................................................................................................. 11
2.6.2 Previous technical reports ................................................................................................................................................................ 11
2.7 Currency, Units, Abbreviations and Definitions ....................................................................................................................................... 12
3 Property Description .................................................................................................................................................................................. 16
3.1 Introduction ........................................................................................................................................................................................................ 16
3.2 Property and Title in Jurisdiction ................................................................................................................................................................. 16
3.3 Project Ownership ............................................................................................................................................................................................. 17
3.4 Property Agreements ....................................................................................................................................................................................... 19
3.5 Surface Rights .................................................................................................................................................................................................... 22
3.6 Water Rights ....................................................................................................................................................................................................... 22
3.7 Liabilities and Encumbrances ....................................................................................................................................................................... 22
3.8 Environmental Considerations ..................................................................................................................................................................... 22
3.9 Safety Considerations ..................................................................................................................................................................................... 23
HYCROFT MINE | Hycroft Technical Report Summary and Initial Assessment Page | i
3.10 Permitting Considerations ............................................................................................................................................................................. 23
3.10.1 Hycroft Expansion Permitting and Timelines ............................................................................................................................ 25
3.10.2 Crofoot Heap Leach Facility Closure ........................................................................................................................................... 27
3.11 Social License Considerations ...................................................................................................................................................................... 27
3.12 Project risks and uncertainties ..................................................................................................................................................................... 28
4 Accessibility, Climate, Local Resources, Infrastructure and Physiography ................................................................................... 29
4.1 Physiography ..................................................................................................................................................................................................... 29
4.2 Accessibility ........................................................................................................................................................................................................ 29
4.3 Climate ................................................................................................................................................................................................................. 29
4.4 Local Resources and Infrastructure ............................................................................................................................................................ 29
4.5 Seismicity ............................................................................................................................................................................................................ 32
5 History .......................................................................................................................................................................................................... 33
5.1 Regional History................................................................................................................................................................................................ 33
5.2 Property Exploration History ........................................................................................................................................................................ 33
5.3 Production ...

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