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Hemlo Mining Corp. Reports Third Quarter 2026 Financial and Operating Results

PR Newswire•09/11/2026•17:38 ET
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Key Highlights

  • ➤Q3 revenue $135.5 million from 32,424 gold ounces sold
  • ➤Q3 net income $3.5 million, or $0.01 per share
  • ➤Q3 attributable gold production 25,652 ounces, up 2% sequentially
  • ➤Q3 operating cash flow $54.6 million; cash balance $144.8 million
  • ➤AISC $2,660 per attributable ounce sold in Q3

Expert Statements

Jason Kosec, President, CEO & Director of Hemlo Mining Corp.

“Q3 demonstrated the resilience of the operation and continued execution against our strategic priorities. We delivered attributable gold production of 25,652 ounces, generated revenue of $135.5 million and operating cash flow of $54.6 million, and ended the quarter with $144.8 million of cash. Higher-grade ore from Interlake supported stable production during the quarter, despite the underground substation outage primarily affecting the pace of our planned production ramp-up. We also continued investing in our workforce, underground fleet and key operational initiatives, while advancing exploration and other growth opportunities across the business. Our inclusion in the GDXJ during the quarter marked another important milestone in Hemlo Mining's evolution as a public company and strengthened our capital markets profile. With continued progress across our strategic priorities and a strong financial position, we remain focused on consistent execution while building the foundation for higher production and long-term value creation.”

Hemlo Mining Corp. Reports Third Quarter 2026 Financial and Operating Results PR Newswire

TORONTO, Nov. 9, 2026 /PRNewswire/ -- Hemlo Mining Corp. (TSX: HMMC) (OTCQX: HMMCF) ("Hemlo Mining" or the "Company") is pleased to announce its financial and operating results for the third quarter ended September 30, 2026 ("Q3" or "Q3 2026"). The Company will host a conference call to discuss Q3 2026 results on Tuesday, November 10, 2026 at 11:00 AM Eastern Time.

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