# Hycroft Appoints Michael Deal as Chief Operating Officer

- Link: https://www.thailand-business-news.com/pr-news/hycroft-appoints-michael-deal-as-chief-operating-officer
- Published: 2026-07-15T18:00:00+07:00
- Author: PR Newswire

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WINNEMUCCA, Nev., July 15, 2026 /PRNewswire/ — **Hycroft Mining Holding Corporation(
Nasdaq: HYMC) ("Hycroft" or "the Company"),** a U.S.-based gold and silver development
company that owns the Hycroft Mine, today announced the appointment of Michael Deal
as Senior Vice President and Chief Operating Officer, effective August 24, 2026.

Mr. Deal brings more than 20 years of operating and technical leadership experience
across complex, multi-asset gold and silver operations in North America, with a 
proven track record of building, scaling, and optimizing operations through disciplined
capital allocation, technical rigor, and operational excellence.

Most recently, Mr. Deal served as Vice President, Operations at First Majestic Silver,
where he provided enterprise leadership across a portfolio of operating mines and
development assets and served as Executive Lead for the integration of a $1 billion
acquisition. He also directed annual capital programs exceeding $300 million while
improving production, safety performance, and operating discipline.

Mr. Deal previously held senior operating and technical leadership roles with Nevada
Gold Mines, OceanaGold, Romarco Minerals, and Newmont Corporation, spanning open-
pit and underground mining, heap leaching, milling, flotation, roasting, autoclave
processing, and refractory ore treatment.

During his time with Nevada Gold Mines, Mr. Deal managed processing operations at
the Carlin Complex, including the Goldstrike roaster and autoclave facilities, as
well as Gold Quarry’s roaster, concentrator, and heap leach operations. He led initiatives
focused on refractory processing performance, recovery optimization, cost reduction,
and extending the life of critical processing infrastructure across one of the world’s
largest gold-producing operations.

Mr. Deal also played a key leadership role in the construction, commissioning, and
ramp-up of the Haile Gold Mine in South Carolina, successfully transitioning the
operation from development into production. Throughout his career, he has consistently
delivered improvements in safety, production, recovery, and operating performance
while building high-performing teams and systems.

Diane Garrett, Executive Chairman and CEO, said, "Michael’s deep technical and operating
experience is directly relevant to our strategy of advancing Hycroft to the next
phase of operations. Michael will be instrumental in reviewing our many options 
for developing the mine with a primary focus on the two high-grade silver systems–
Brimstone and Vortex. His extensive background building and managing sulfide processing
operations — including roasters and autoclaves in Nevada — and in building the systems,
teams and discipline needed to run them safely and profitably at scale is exactly
the caliber of operating leadership we need as we advance and prepare the Hycroft
Mine for future development."

Mr. Deal added, "Hycroft represents a rare opportunity to help advance one of North
America’s largest gold and silver assets. The combination of a large-scale resource
base, Nevada jurisdiction, and significant metallurgical and exploration upside 
creates tremendous potential. I have spent my career building the operating systems,
technical discipline, and high-performing teams required to safely advance complex
assets. I look forward to working with the Hycroft team to systematically advance
the project and build the foundation for long-term value creation."

Mr. Deal serves on the SME Foundation Board of Directors and has previously served
on the Nevada Mining Association Board of Directors and the Nevada Mineral Processing
Division Board. He is a Registered Member and Qualified Person (QP) with the Society
for Mining, Metallurgy & Exploration (SME). Mr. Deal holds a Bachelor of Science
degree in Chemical Engineering with a minor in Economics from the Colorado School
of Mines and an MBA from Arizona State University.

**_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. With a long history of
heap leach operations, Hycroft is advancing to the next phase of operations for 
processing sulfide mineralization. In addition, Hycroft is engaged in a robust exploration
drill program (2025-2026 exploration drill program) to expand and advance the two
new high-grade silver systems Brimstone and Vortex. These discoveries represent 
a significant value driver for the Hycroft Mine.

For further information, please contact:

E: [info@hycroftmining.com](https://www.thailand-business-news.com/pr-news/info@hycroftmining.com)

Investor Relations Phone: 775-245-0564 [www.hycroftmining.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4731715-1&h=1422417385&u=http%3A%2F%2Fwww.hycroftmining.com%2F&a=www.hycroftmining.com)

Media: Tavistock, Jos Simson / Emily Moss
E: [hycroft@tavistock.co.uk](https://www.thailand-business-news.com/pr-news/hycroft@tavistock.co.uk)
Phone: +44 207 920 3150

**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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