Avino Silver & Gold Mines Ltd.

Thank you for standing by. This is the conference operator. Welcome to the Avino Silver and Goldmine's third quarter financial results conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star and zero. I would now like to turn the conference over to Jennifer North, Investor Relations Manager. Please go ahead.

Thank you, Operator. Good morning, everyone, and welcome to the Avino Silver and Goldmines Limited Third Quarter 2020 Financial Results Conference Call and Webcast. On the call today, we have the company's President and CEO, David Wolfen, our Chief Financial Officer, Nathan Hart, our Chief Operating Officer, Carlos Rodriguez, and our VP, Technical Services, Peter Latta. Before we get started, please note that certain statements made today on this call by the management team may include forward-looking information within the meaning of applicable securities laws. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results to be materially different than those expressed by or implied by such forward-looking statements. The company does not intend to and does not assume any obligation to update such forward-looking statements or information other than as required by applicable law. For more information, we refer you to our detailed cautionary note in the presentation accompanying this call or on our press release of yesterday's date. I would like to remind everyone that this conference call is being recorded and will be available for replay later today. Replay information and the presentation slides accompanying this conference call and webcast will be available on the website. Thank you. I will now turn the call over to Aveeno's President and CEO, David Wolfen. David?

Thanks, Jen. Good morning, everyone, and welcome to Aveeno's Q3 2020 Financial Results Conference Call and Webcast. Thanks for joining us. Before we begin, please note that the full financial statements and MD&A are now available on our website. On today's call, we will cover the highlights of our third quarter 2020 financial and operating performance, and then we will open it up for questions. Please note that all figures are stated in US dollars unless otherwise noted. Firstly, I'd like to thank our shareholders for their support and patience during the third quarter while the Aveeno mine was closed due to the strike. This was difficult for everyone and we are especially appreciative of all who stood by and understood the process we had to go through. In addition, I would like to extend my gratitude to the management team in Mexico led by Carlos Rodriguez, who navigated and negotiated a successful resolution. The strike ended in early October and due to an extended period of inactivity at the mine and before the company can restart operations, A comprehensive evaluation of all underground milling and surface equipment is underway to ensure all are in excellent working condition. Our third quarter operational performance was directly impacted by the 12-week strike action at the Aveeno mine, which resulted in a decreased production profile for the quarter. During the three months ended September 30, 2020, no mining activity took place. We are setting our sights on 2021 as we look forward to commencing operations and embarking on the exploration program that was delayed during the pandemic and the strike. We will be poised to capitalize on increased metal prices when operations return to normal. During the quarter, Aveeno continued to move forward with the proposed dry stack tailing storage facility, TSF number two we're calling it, which is on privately owned vino land is permitted and is currently in the final stage prior to commencing construction. The company is looking forward to positive discussions between the community of Panuco de Coronado and the state government, which should help to provide the social approval to move forward with the construction of TSF No. 2. Their combined support is important to the vitality of the community and will aid in restarting production activities. To restart production activities is expected to provide significant direct economic benefits and stimulus for the local communities. In August, Aveeno granted Grey Rock, which has since rebranded as Silver Wolf Exploration, the exclusive right to acquire 100% interest in Aveeno's Ana Maria and El Laberinto properties in Mexico. The details of the option agreement are as follows. Aveeno to receive 300,000 share purchase warrants of Silverwolf at 20 cents for a period of 36 months. Avino to receive 600,000 Canadian in cash or common shares over four years with the first 50,000 in common shares in 30 days of exchange approval. Silverwolf to incur a total of 750,000 in exploration expenditures on the properties over four years. By divesting of these two assets, Aveeno limits the cost of maintaining the properties while retaining exposure to any exploration upside through the issuance of shares or warrants. Both properties are on paved road to Aveeno, which may in the future prove to be beneficial to Aveeno, which has the right of first refusal to purchase and process any ore or concentrate extracted from the properties for processing. During the quarter, silver and gold prices were volatile, but stayed close to the highs reached in the second quarter, with gold price reaching a high of $2,067 in August and silver reaching a high of $28.85 in September. Today, we have a gold price above $1,900, which has backed off slightly, and the silver price is sitting around $24. I will now ask Nathan Hart of Enos Chief Financial Officer to present the financial results for Q3 2020.