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Hycroft (NASDAQ: HYMC) corrects release on underground study

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Hycroft Mining Holding Corporation furnished an update correcting an earlier press release about engineering work for the Hycroft Mine. The company clarifies that WSP Global Inc. completed engineering for additional lifts on the tailings storage facility, while WestLand Engineering & Environmental Services, Inc. completed the environmental studies.

With this work finished, Ausenco Engineering South USA, Inc. can complete the Initial Assessment Technical Report with economics, which the company anticipates will be finished during the second quarter of 2026. The rest of the original press release remains unchanged, and the information is furnished under Regulation FD rather than filed.

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Initial Assessment timing second quarter of 2026 Anticipated completion of Initial Assessment Technical Report with economics
Initial Assessment Technical Report financial
"Ausenco can complete the Initial Assessment Technical Report with economics."
An initial assessment technical report is a formal, first-stage document that summarizes the core technical findings, methods, assumptions and data about a project or asset—such as resource size, production steps, costs and major risks—based on preliminary studies. It matters to investors because it provides an early, evidence-based snapshot of potential value and likely obstacles, like a basic inspection report that helps decide whether to pursue a deeper review or investment.
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning of Section 27A..."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
feasibility study technical
"risks related to the lack of a completed feasibility study; risks related to metallurgical test work..."
A feasibility study is an assessment that evaluates whether a proposed project or idea is practical and likely to succeed before investing significant time and resources. It considers factors like costs, potential benefits, and challenges, helping stakeholders decide if moving forward makes sense. Think of it as a detailed plan that gauges if a new venture is worth pursuing.
mineral resource technical
"it is uncertain if further exploration will result in the estimation of a mineral resource."
A mineral resource is a naturally occurring concentration of minerals in the ground that is considered valuable and likely recoverable based on geological evidence and preliminary studies. For investors, it signals the potential size and worth of a deposit—like a marked treasure area on a map—while also carrying uncertainty about how much can actually be mined and at what cost, affecting project value and risk.
Tier-1 mining jurisdiction technical
"located in northern Nevada, a Tier-1 mining jurisdiction."
A tier-1 mining jurisdiction is a country or region widely regarded as low-risk for mining projects because it offers stable politics, clear laws, reliable permitting, good infrastructure and low corruption. For investors, it means lower chances of costly delays, legal disputes or expropriation, so projects there are more likely to get financing and reach production — like building in a well-regulated neighborhood versus a risky backlot.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 21, 2026

 

HYCROFT MINING HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware   001-38387   82-2657796
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

P.O. Box 3030

Winnemucca, Nevada

  89446
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (775) 304-0260

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A common stock, par value $0.0001 per share   HYMC   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On April 21, 2026, Hycroft Mining Holding Corporation (the “Company”) issued a press release (the “Corrective Press Release”) to correct its earlier press release titled “Hycroft Engages Engineering Firm to Assess Underground Mining Options” which was issued the same morning and furnished on a Form 8-K with the SEC on April 21, 2026. The Corrective Press Release clarifies that the engineering work referenced was completed by WSP Global Inc., while the relevant environmental studies were completed by WestLand Engineering & Environmental Services, Inc.

 

A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

The information included in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit    
Number   Description
99.1   Press Release dated April 21, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

Date: April 21, 2026 Hycroft Mining Holding Corporation
     
  By: /s/ Rebecca A. Jennings
    Rebecca A. Jennings
    Senior Vice President and General Counsel

 

 

 

 

Exhibit 99.1

 

 

Hycroft Mining Holding Corporation Issues Correction to Press Release Dated April 21, 2026

 

WINNEMUCCA, NV, April 21, 2026 – Hycroft Mining Holding Corporation (Nasdaq: HYMC) (“Hycroft” or the “Company”) today issued the following correction to its press release issued earlier today titled “Hycroft Engages Engineering Firm to Assess Underground Mining Options.”

 

In the section titled “Technical Report,” the original release incorrectly stated that WestLand Engineering & Environmental Services, Inc. completed the engineering work associated with the additional lifts on the tailings storage facility.

 

Corrected statement: WSP Global Inc. (“WSP”) has completed the engineering work associated with the additional lifts on the tailings storage facility. WestLand Engineering & Environmental Services, Inc., completed the relevant environmental studies.

 

With this work now completed, Ausenco Engineering South USA, Inc. (“Ausenco”) can complete the Initial Assessment Technical Report with economics. The Company anticipates that it will be complete during the second quarter of 2026.

 

The remainder of the press release is unchanged.

 

About Hycroft Mining Holding Corporation

 

Hycroft Mining Holding Corporation is a US-based gold and silver company exploring and developing the Hycroft Mine, among the world’s largest precious metals deposits, located in northern Nevada, a Tier-1 mining jurisdiction. In 2023, Hycroft announced the discovery of two new high-grade silver systems within the known resource area and the Company is engaged in a robust exploration drill program (2025-2026 drill program) designed to expand these two systems in addition to targeting new opportunities. These discoveries represent a significant value driver for the Hycroft Mine. In addition, after a long history of oxide heap leach operations, the Company is focused on completing technical studies to transition the Hycroft Mine into a milling operation for processing the sulfide mineralization.

 

For further information, please contact:

 

E: info@hycroftmining.com

Investor Relations Phone: 775-245-0564

www.hycroftmining.com

 

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Cautionary Note Regarding Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included in this press release and in public statements by our officers or representatives that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements. These include, but are not limited to, statements regarding future business strategy, plans and goals, competitive strengths, the advancement and development of the Hycroft Mine, the results and implications of metallurgical analysis and test work, and the expansion and growth of our business.

 

Forward-looking statements are often identified by future or conditional words such as “estimate,” “plan,” “anticipate,” “expect,” “intend,” “believe,” “target,” “budget,” “may,” “can,” “will,” “would,” “could,” “should,” “seeks,” “scheduled to” and similar words or expressions but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks and uncertainties, which could cause actual results to differ materially from those reflected in the statements. The risks include, but are not limited to: (i) risks related to changes in our operations at the Hycroft Mine, including risks associated with the cessation of mining operations at the Hycroft Mine; uncertainties concerning estimates of mineral resources; risks related to the lack of a completed feasibility study; risks related to metallurgical test work and process development; and risks related to our ability to re-establish commercially feasible mining and processing operations; and (ii) industry-related risks, including fluctuations in the price of gold and silver; the commercial success of, and risks related to, our exploration and development activities; uncertainties and risks related to our reliance on contractors and consultants; and the availability and cost of equipment, supplies, energy or reagents.

 

Any exploration target described in this press release does not represent, and should not be construed to be, an estimate of a mineral resource or mineral reserve. Ranges of potential tonnage and grade (or quality) of an exploration target are conceptual in nature; there has been insufficient exploration of the relevant property or properties to estimate a mineral resource; and it is uncertain if further exploration will result in the estimation of a mineral resource.

 

These and other risks may cause actual results to differ materially from those expressed or implied by the forward-looking statements, and the occurrence of one or more of these events or circumstances, alone or in combination with others, may have a material adverse effect on our business, cash flows, financial condition and results of operations. Please see the “Risk Factors” outlined in our Annual Report on Form 10-K for the year ended December 31, 2025, and in other reports filed with the SEC, for more information about these and other risks.

 

Given these risks and uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although these forward-looking statements are based on assumptions that we believe are reasonable when made, forward-looking statements are not guarantees of future performance and actual results, performance or achievements may differ materially from those made in or suggested by the forward-looking statements in this press release.

 

Any forward-looking statements made in this press release speak only as of the date of this press release. We undertake no obligation to update these forward-looking statements or to publicly announce the results of any revisions to any of those statements to reflect future events or developments, except as required by law.

 

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FAQ

What correction did Hycroft Mining (HYMC) make in its April 21, 2026 press release?

Hycroft corrected which firms handled key technical work at the Hycroft Mine. It clarified that WSP Global Inc. completed engineering for additional tailings storage facility lifts, while WestLand Engineering & Environmental Services, Inc. performed the environmental studies, leaving all other parts of the original release unchanged.

Which firms are responsible for engineering and environmental work at Hycroft’s tailings storage facility?

WSP Global Inc. is responsible for the engineering work on the additional lifts of the tailings storage facility. WestLand Engineering & Environmental Services, Inc. completed the related environmental studies, providing the technical foundation for subsequent economic analysis and reporting on the Hycroft Mine project.

What role does Ausenco have in Hycroft Mining’s underground mining assessment?

Ausenco Engineering South USA, Inc. will complete the Initial Assessment Technical Report with economics for Hycroft. That work builds on engineering by WSP and environmental studies by WestLand, and the company anticipates the report will be finished during the second quarter of 2026, supporting further project evaluation.

When does Hycroft Mining expect its Initial Assessment Technical Report to be completed?

Hycroft anticipates the Initial Assessment Technical Report with economics will be completed during the second quarter of 2026. This report will incorporate engineering work on additional tailings storage facility lifts and related environmental studies to evaluate project economics at the Hycroft Mine.

How is the corrected information in Hycroft’s 8-K treated under U.S. securities laws?

The corrected information furnished under Item 7.01, including the press release, is not considered filed for purposes of Section 18 of the Exchange Act. It is not automatically incorporated into other Securities Act or Exchange Act filings unless specifically referenced by the company in those filings.

What kind of company is Hycroft Mining and where is the Hycroft Mine located?

Hycroft Mining Holding Corporation is a U.S.-based gold and silver company. It is exploring and developing the Hycroft Mine, described as one of the world’s largest precious metals deposits, located in northern Nevada, a Tier-1 mining jurisdiction known for established mining infrastructure.

Filing Exhibits & Attachments

6 documents