Hycroft Mining Corporation Set to Join the Renowned Russell 3000® Index

Hycroft Mining Holding Corporation, a prominent U.S.-based company specializing in gold and silver development, announced its forthcoming membership in the esteemed Russell 3000® Index. This inclusion, effective from the start of U.S. equity markets on June 29, 2026, is a significant milestone in Hycroft's growth journey. Owned by Hycroft is the Hycroft Mine, recognized as one of the largest precious metals deposits in the world, situated in northern Nevada.

The Russell 3000® Index is a benchmark that incorporates a wide range of U.S. stocks, showcasing companies based on their total market capitalization. Joining this index not only affirms Hycroft's standing in the market but also automatically integrates it into the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with relevant growth and value style indexes.

FTSE Russell, the organization behind this index, assesses membership primarily through objective metrics such as market-cap rankings and style attributes. The Russell indexes are widely relied upon in the financial sector, as approximately $19.89 trillion is tied to their benchmarks worldwide. They help leading asset managers and investment banks to gauge performance and create investment products.

Eric Colby, Executive Vice President of Corporate Development and Investor Relations at Hycroft, expressed enthusiasm regarding this achievement. He emphasized that being included in the Russell 3000® Index is both a testament to the considerable progress the company has made over the recent years and a promising opportunity for investors. With Hycroft's location in a Tier-1 mining jurisdiction and its newly identified high-grade silver systems at Brimstone and Vortex, the company is poised to attract significant attention from both institutional and retail investors alike.

Hycroft Mining has additionally announced exploratory endeavors to further develop two identified high-grade silver systems, which are expected to add substantial value to the Hycroft Mine. The ongoing exploration drill program for 2025-2026 aims to expand these silver systems and explore new opportunities, reinforcing the company's commitment to leveraging its extensive mining assets effectively.

The transition from oxide heap leach operations to a milling operation for processing sulfide mineralization signifies a strategic move for Hycroft in enhancing operational efficacy and resource utilization. Historical operations at the Hycroft Mine, laden with potential, have laid the foundation for this ambitious transition, which stakeholders are keenly observing.

As Hycroft Mining prepares to step into this new phase of growth, its leadership emphasizes the importance of increasing visibility to a broader audience of investors. The milestone of joining the Russell 3000® Index is more than just an acknowledgment of past successes; it reflects a robust future filled with opportunities as the company consistently works towards advancing its projects toward production.

In summary, Hycroft Mining Holding Corporation is on a promising trajectory as it prepares to join the distinguished ranks of the Russell 3000® Index. This landmark achievement encapsulates a pivotal moment in the company’s narrative, potentially transforming its positioning in the eyes of various investors and paving the way for further ambitions in the mining sector. Hycroft's focus on strategic exploration and a definitive shift in operational strategy underscore its potential as a leading entity in the precious metals industry.