Vortex Expanded Along With Encountering Significant Silver And Gold At Hycroft Mine

WINNEMUCCA, NV - Hycroft Mining Holding Corporation reported on its 2024 exploration drill program at the Hycroft Mine, located in Nevada, a Tier-1 mining jurisdiction. Drill results extend Vortex mineralization approximately 100 meters to the west and to the south. The company encountered elevated gold (Au) intercepts (including 1.5 meters of 4.78 g/t) in the silver (Ag) dominant Vortex trend. A potential feeder zone at Vortex identified, and results demonstrating continuity of both high-grade silver and gold. The Company said the Vortex remains open in all directions and at depth.

Alex Davidson, Vice President, Exploration, said "We are very pleased with the assay results from the Vortex - Camel high-grade silver dominant trend. The drilling was designed to test the west dipping low angle structures responsible for brecciation that is allowing for the significant mineralization at Vortex.  This new drilling not only adds significantly to the known high-grade silver mineralization by extending Vortex to the west and south, but also vertically ties together what were previously considered to be discrete zones of high-grade. Furthermore, the drilling contributes significantly to our understanding of how these low angle structures open exploration potential to the east of the current resource."