Hycroft Mining Holding Corporation announced additional drill results from its 2022-2023 exploration program. Highlights from the recent drilling results are noted below. Reporting units are in grams per metric ton (‘g/t'): H22R-5671 returned 35 meters of 2.83 g/t gold and 35.59 g/t silver; Including 17 meters of 4.81 g/t gold and 48.53 g/t silver.

H22R-5671 also returned a separate intercept of 14 meters of 0.29 g/t gold and 102.92 g/t silver. H22R-5670 returned 93 meters of 0.70 g/t gold and 55.94 g/t silver; Including 29 meters of 1.57 g/t gold and 98.88 g/t silver; Including 3 meters of 0.31 g/t gold and 163.5 g/t silver. H22R-5684 returned 56 meters of 0.73 g/t gold and 19.32 g/t silver; Including 18 meters of 1.07 g/t gold and 32.22 g/t silver.

Hole H22R-5671 drilled in Brimstone returned very exciting results with multiple intercepts extending high-grade gold mineralization both north and up dip of the known high-grade zones. The high-grade silver Vortex zone continues to deliver positive results with Hole H22R-5670 returning two significant intercepts demonstrating mineralization continues south along the East Fault. To date, the Company has successfully completed 24,000 meters of reverse circulation (‘RC') drilling and 3,600 meters of core drilling in its 2022 drilling program.

Additional results from the RC and core drilling program are expected in the first quarter of 2023. During November 2022, the Company began drilling targets in the Camel zone, just west of Vortex.