Alamos Gold Inc.

Good morning. I would now like to turn the meeting over to Mr. Jamie Porter, Chief Financial Officer. Please go ahead, Mr. Porter.

Thank you, operator, and thanks to everyone for attending Alamos' fourth quarter and year-end 2021 conference call. In addition to myself, we have on the line today John McCluskey, President and CEO, Peter McPhail, Chief Operating Officer, and Scott R.G. Parsons, our Vice President of Exploration. To address any questions with respect to our reserve and resource update, we also have on the line today Chris Boswick, our Senior Vice President of Technical Services. We will be referring to a presentation during the conference call that's available to the webcast and on our website. I would also like to remind everyone that our presentation will be followed by a question and answer session. As we will be making forward-looking statements during the call, please refer to the cautionary notes included in the presentation, news release, and MD&A, as well as the risk factors set out in our annual information form. Technical information in this presentation has been reviewed and approved by Chris Boswick, our Vice President of Technical Services, and a qualified person. Also, please bear in mind that all of the dollar amounts mentioned in this conference call are in United States dollars, unless otherwise noted. With that, I'll turn it over to John to provide you with an overview.

Thank you very much, Jamie. And good morning, everyone, and thank you for attending the call. Starting with slide three, We closed 2021 with strong performances at our Canadian operations. Young-Davidson had a record year, achieving record mining rates and generating $100 million of free cash flow. Island Gold had another solid year operationally, generating $53 million of free cash flow, even with a ramp-up in spending on our Phase 3 expansion. This offset a challenging year at Mulatto's, with the operation working through a temporary period of lower production and higher costs, until the Yaqui Grande comes on in the third quarter. With a stronger fourth quarter, we met revised full-year guidance, producing 457,000 ounces of gold at a cash cost of $794 per ounce and all-in sustaining costs of $1,135 per ounce. Our production increased 7% from a year ago, and combined with a higher gold price and strong operating margins, we generated record operating cash flow of $411 million for the year. We had a strong year from an exploration perspective as detailed in our reserve and resource update earlier this week. Reserves increased at all three of our operations, driving a 4% increase in our global reserves to 10.3 million ounces. Grades also increased 5% as we continue to increase the quality of our overall reserve with higher grade additions at Island Gold and Mulatto's. Island Gold continues to grow and achieve the key milestone with high grade reserves and resources increasing 8% to 5.1 million ounces net of depletion. Since we acquired Island in 2017, reserves and resources have increased 3.2 million ounces net of depletion including 1.4 million ounces since the publication of the Phase III expansion study in 2020, highlighting the significant ongoing growth and upside to this operation. This growth will be incorporated into an updated Phase III mine plan to be released mid-year, and we expect that this will demonstrate a significantly more valuable operation. Now, turning to slide four, As outlined in our inaugural three-year guidance release in January, we expect stronger production at substantially lower costs in the years ahead. We're expecting similar production of approximately 460,000 ounces in 2022, with a temporary increase in all in-sustaining costs to approximately $1,215 per ounce. We expect Liaki Grande to drive lower costs in the second half of 2022. By 2024, Layaki Grande... Excuse me. You'll just bear with me for a second. By 2024, Layaki Grande and higher grades at Island Gold are expected to drive a 4% increase in production and an 18% decrease in all-in sustaining costs. to $1,000 per ounce. Combined with a 23% decline in capital spending at our operating mines in 2023 with development of Liaki Grande completed, we expect growing profitability from our operating mines over the next three years. Turning now to slide five, looking beyond 2024, we expect a further increase in production and decrease in costs. Between the completion of the Phase 3 expansion at Island Gold and development of Lynn Lake, we have the capacity to increase our rate of production to approximately 750,000 ounces at substantially lower all-in sustaining costs of $800 per ounce by 2025. With our strong balance sheet and ongoing cash flow generation, we can fund all this growth internally, all the while providing solid, ongoing returns to shareholders. Between our dividend and share buyback, we returned $51 million to shareholders in 2021. While we remained focused on our long-term growth objectives, we also expect to deliver on several key catalysts in 2022. Mid-year, we expect to provide an updated mine plan for the Island Gold operation that will showcase a significantly more valuable operation than was outlined in the Phase 3 study. Lyaki Grande remains on track to achieve commercial production and start driving our costs lower in the third quarter. Finally, we look forward to the Lynn Lake EIS approval and subsequent construction decisions in the second half of the year. I'll now turn the call over to our CFO, Jamie Porter, to review our financial performance. Jamie?