Andean Precious Metals Corp.

Good morning. Welcome to Andean Precious Metals first quarter 2025 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 then zero. I would now like to turn the conference over to Dom Kaiser with VP Finance. Please go ahead.

Thank you, Operator, and good morning, everyone. Fortunately, Amanda Mallow is off this morning due to an illness, and I'm filling in as host for this call. Before we get started, I would like to point out that during today's call, we make forward-looking statements as defined by under Canadian securities law. I ask that you view our slide presentation for cautionary language regarding forward-looking statements and risk factors pertaining to these statements. Our press release, MD&A, and financial statements are available both on CEDAR Plus and on our corporate website, AndeanPM.com. With us on today's webcast is Alberto Morales, Andean's Executive Chairman and CEO, Johann Bouchard, Andean's President and Juan Carlos Sandoval, our Chief Financial Officer. Following management's formal remarks, we will then open the call to questions. And now, over to Alberto.

Thank you, Dom, and welcome, everyone. I am pleased to report that Andean delivered a strong start to 2025. In the first quarter, we generated consolidated revenue of $62 million, a 44% increase over Q1 of last year, driven by higher realized gold and silver prices and a solid production performance across both of our operations. We produced 21,361 gold equivalent ounces in the quarter, slightly ahead of Q1 2024. And more importantly, our gross operating income grew significantly to 23.1 million compared to just in the same period of last year. This strong operating performance flowed through the bottom of the line, resulting in a net income of $14.6 million, or $0.10 per share on a diluted basis. Our balance sheet remains a real strength. We ended the quarter with $75.7 million in liquid assets, up from 61.4 million a year ago, while also reducing total liabilities compared to end of the year 2024 by 8.9 million. In addition to these financial achievements, we continue to deliver on several strategic initiatives. We completed our graduation to the TSX main board in January. reflecting the growing scale and maturity of our business. We also announced positive exploration results at Golden Queen, which we are already shaping our 2025 exploration plans as we work to extend the mine life, which we will touch on later on this call. Finally, we strengthened our leadership team with the incorporation and appointment of Joanne Bouchard as president of the company. Overall, it was a very strong start to the year, and we are well-positioned to continue building on this momentum. With that, I will now turn this over to Johan to walk you through the operational results in more detail.