Hemlo Mining Corp. Reports Second Quarter 2026 Operating Results

Hemlo Mining Corp. Reports Second Quarter 2026 Operating Results PR Newswire TORONTO , July 20, 2026 /PRNewswire/ -- Hemlo Mining Corp. (TSX: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to report operating results for the second quarter ended June 30, 2026 ("Q2" or "Q2 2026"). The Company plans to release its second quarter 2026 financial results after market close on Tuesday, August 11, 2026, followed by a conference call and webcast hosted by senior management on Wednesday, August 12, 2026 at 11:00 AM Eastern Time. (All amounts expressed in U.S. dollars unless otherwise stated and are unaudited) Jason Kosec, President, CEO & Director of Hemlo Mining, commented: "Q2 marked a milestone quarter for Hemlo as we assumed full owner-operator responsibility for the underground workforce and continued investing in our people and equipment while refining mine sequencing to support higher production rates. Production was in line with our expectations as these strategic initiatives continue to gain momentum.

Importantly, we maintained our strong health, safety, and environmental performance, reaching three consecutive years free of lost-time injuries. Beyond operations, we completed an Impact Benefit Agreement with Biigtigong Nishnaabeg, increased Measured & Indicated mineral resources by 34%, graduated to the Toronto Stock Exchange, and returned strong exploration results from our newly interpreted South-Rim Zone. We are very pleased with the progress made in 2026 and remain more confident than ever in the significant long-term potential at Hemlo." Second Quarter 2026 Operating Highlights The Hemlo Gold Mine ("Hemlo" or the "Mine") continued its strong safety and environmental performance in Q2, recording no environmental non-compliance and no lost-time injuries while achieving three consecutive years without a lost-time injury.

Gold production in Q2 2026 was lower than the