Hycroft Mining Holding Corporation announces additional drill results from Phase 2 of the 2022-2023 exploration drill program (the "Drill Program") at the Hycroft Mine, located in Nevada, a Tier-1 mining jurisdiction, and provides an update on its cash position. The drilling continues to intercept high-grade silver and delineate continuity of the new silver system at Brimstone. Final assays from the Phase 2 drill program are pending.

Brimstone drill highlights: H23C-5790: 20 meters of 869.9 g/t Ag and 0.40 g/t Au; Including 7 meters of 2,427.03 g/t Ag and 0.39 g/t Au; H23R-5782: 52 meters of 74.49 g/t Ag and 0.40 g/t Au; Including 13 meters of 211.60 g/t Ag and 0.59 g/t Au; H23C-5795: 85 meters of 75.23 g/t Ag and 0.25 g/t Au: Including 10 meters of 373.86 g/t Ag and 0.31 g/t Au. H23R-5761: 6.1 meters of 451.85 g/t Ag and 0.18 g/t Au. H23R-5775: 64 meters of 24.84 g/t Ag and 0.45 g/t Au: Including 9 meters of 107.72 g/t Ag and 0.57 g/t Au.