Hycroft Mining Appoints Michael Deal as Chief Operating Officer

Hycroft Mining Holding Corporation has appointed Michael Deal as its new Senior Vice President and Chief Operating Officer, effective August 24, 2026. Mr. Deal brings over 20 years of technical and operational leadership in the gold and silver mining industry, with extensive experience in complex processing methods relevant to Hycroft's assets, including roasting and autoclave processing from his time at Nevada Gold Mines and First Majestic Silver. His appointment is aimed at advancing the Hycroft Mine to its next operational phase.

Key Details

• Effective Date: Mr. Deal's appointment is effective August 24, 2026.
• Compensation Package: Includes an annual base salary of $425,000, a target annual bonus of 70% of base salary, and a one-time signing bonus of $150,000.
• Severance Terms: The employment agreement includes severance benefits for termination without cause, which are enhanced in the event of a change in control (1.5x salary and bonus, plus 18 months of benefits).
• Background: Mr. Deal most recently served as Vice President, Operations at First Majestic Silver and previously held senior roles at Nevada Gold Mines, OceanaGold, and Newmont Corporation.