HYMC

• Ceased mining operations at Hycroft mine immediately, will continue processing metal inventory off leach pads until not economic.
• Focus shifting to POCs pre-feasibility studies. Ongoing variability and mineralogy work across Hycroft ore body.
• Identified POCs process as the right approach for milling with higher recoveries and less risk.
• Conducted limited exploration drilling, encountered noteworthy intercepts like a 52-meter intercept in vortex zone with 2.47 g/t gold and 25.5 g/t silver.
• Safety improvements with tripper rate reduction of 0.41, an 82% reduction from September 2020.

• Focus on POCs pre-feasibility studies expected to be completed in first quarter of 2022.
• Robust exploration drilling program to target prospective higher grade areas.

No detailed financial performance for product segments provided; focus is on Hycroft mine operations.

• Capital costs and operating costs higher for novel process than anticipated.
• Ore not amenable to novel process, sub-ore performance below expectations.
• Share price pressure from large shareholders liquidating holdings.

Q: No specific questions with detailed answers provided as remarks addressed potential questions