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Re: None

Tuesday, 04/04/2023 9:43:42 AM

Tuesday, April 04, 2023 9:43:42 AM

Post# of 19297

During the year ended December 31, 2022, we completed processing of gold and silver ore previously placed on leach pads prior to ceasing mining operations in November 2021



We have not fully developed our milling and POX operations and we have not established our long-term production and cost structure.



The Company has not completed a feasibility study for the proposed processing method for the Hycroft Mine and actual capital costs, operating costs, production, and economic returns may differ significantly from those the Company has anticipated. There are no assurances future advancement activities by the Company, if any, will lead to a favorable feasibility study or profitable mining operations.



The Company may not be able to successfully establish mining operations or profitably produce precious metals.



https://www.sec.gov/ix?doc=/Archives/edgar/data/1718405/000171840523000038/hymc-20221231.htm
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