Alamos Gold Inc.

Please stand by. Your meeting is about to begin. Good morning. I would like to turn the meeting over to Mr. Jamie Porter, Chief Financial Officer. Please go ahead.

Thank you, operator, and thanks to everyone for attending Alamos' second quarter 2022 conference call. In addition to myself, we have on the line today both John McCluskey, President and CEO, and Peter McPhail, Chief Operating Officer. We will be referring to a presentation during the conference call that is available through the webcast and on our website. I would also like to remind everyone that our presentation will be followed by a Q&A 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 Senior Vice President of Technical Services, and a qualified person. Also, please bear in mind that all the dollar amounts mentioned in this conference call are in U.S. dollars, unless otherwise noted.

Now, I'll turn it over to John to provide you with an overview of the quarter. Thank you, Jamie, and welcome everyone to the call. Now, starting with slide three, we had a good second quarter on multiple fronts, meeting our short-term operational targets while also delivering on two key growth initiatives, including achieving first production at Lyaki Grande, and announcing a larger and more profitable Phase 3 expansion of Island Gold. Both have solidified our strong outlook supporting growing production and declining costs. At the same time as we are growing our production, we also expect to reduce our total greenhouse gas emissions as we detailed in June, with a 30% reduction targeted by 2030. Our second quarter production of 104,000 ounces of gold was in line with guidance, while total cash costs of $895 per ounce and all-in sustaining costs of $1,170 per ounce were well below quarterly guidance and substantially an improvement over the first quarter. This reflected solid performances from our Canadian operations, including a significant increase in production and decrease in costs at Island Gold, as well as a strong start from Liaki Grande. With production from Liaki Grande continuing to ramp up, we expect our consolidated production to increase to between 115,000 and 125,000 ounces of gold in the third quarter. We expect a further increase in the fourth quarter and decrease in total cash costs given Liaki Grande's substantially lower cost profile. We remain well positioned to achieve our full year guidance and production guidance and cost guidance. Now looking at slide four, Aliaki Grande will be a key driver of higher production and lower costs over the near term. Island Gold is going to continue that trend over the long term. At the end of June, we announced the Phase 3 Plus expansion of Island Gold to 24,000 tons per day, creating a larger, longer life and even more profitable and valuable operation. Following the completion of the shaft in 2026, production is expected to more than double from current levels to average 287,000 ounces of gold per year with all in sustaining costs through the larger expansion, 43% larger mineable resource and lower capital per ounce costs, all contributing to a significantly more valuable operation with a $1.8 billion valuation at current gold prices. Island Gold would not only be a much larger and productive operation, it will also become a greener mine, with the expansion expected to reduce our life of mine carbon emissions by 35% compared to the existing smaller operation. Moving to slide five, this is going to transform Island Gold into one of Canada's largest and most profitable gold mines. Following the completion of the expansion, Island Gold will be the seventh largest gold producer in Canada, the lowest cost, and the fifth most profitable. This is truly a unique asset, and like Young-Davidson, among the most valuable operations in Canada. Turning to slide six, Liaki Grande and Island Gold are key contributors to our strong outlook with growing production and declining costs. We expect to be producing closer to 500,000 ounces of gold per year by next year, and at progressively lower costs, with all insisting costs expected to decrease 18% to approximately $1,000 per ounce by 2024. Following the completion of the Phase 3 expansion, we expect our annual production to increase above 600,000 ounces of gold per year, with a further decrease in costs. Lynn Lake remains an important part of our longer-term growth strategy, with the capacity to increase our production to approximately 800,000 ounces of gold per year. In the near term, we are taking a more conservative and balanced approach to growth by deferring any significant capital on Lynn Lake until the Phase III expansion is well underway, such that we can fund this growth internally while generating solid free cash flow over the next several years. I'll now turn the call over to our CFO, Jamie Porter, to review our financial performance.