Andean Precious Metals Corp.

Good morning and welcome to Andean Precious Metals second quarter 2025 results conference call. As a reminder, all participants are in the 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 1 on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star then 0. I would now like to turn the conference over to Amanda Malo, Director, Investor Relations. Please go ahead.

Thank you, Operator, and good morning, everyone. Before we get started, I would like to point out that during today's call, we may make forward-looking statements as defined under the Canadian Securities Law. I ask that you view our slide presentation for cautionary language regarding forward-looking statements and the risk factors pertaining to these statements. Our press release, MD&A, and financial statements are available on both CDAR Plus and on our corporate website, andianpm.com. With us on today's webcast is Alberto Morales, Andian's Executive Chairman and CEO, Johan Bouchard, Andian's President, Juan Carlos Sandoval, our Chief Financial Officer, and Dom Kizak, our VP of Finance. Following management's formal remarks, we will open the call to questions. And with that, I'll turn the call over to Alberto. Alberto.

Thank you, Amanda, and good morning, everyone. I am pleased to report that Andean delivered another strong quarter operationally and financially. We delivered record quarterly revenues of 73.7 million, supported by stronger realized metal prices and steady performance at both of our operations. Adjusted EBITDA rose to 28.9 million, the highest in the company's history, while net income essentially doubled year over year to $17.4 million, or 12 cents per share. Our balance sheet strengthened significantly during the quarter. Leveraging on our strong cash position, we made the strategic decision to fully repay all outstanding amounts under our revolving credit facility. reducing total debt and ending the quarter with $87.3 million in liquid assets. The $25 million revolving line of credit remains fully available, giving us significant additional financial flexibility. Operationally, San Bartolome delivered solid results with improved margins. On the back of strong silver prices, continued favorable foreign exchange rates, and steady plant recoveries. We have revised our 2025 margin metrics upward for cash growth operating margin and gross margin ratio. San Bartolome remains on track to meet full-year guidance. Golden Queen also remains on track to meet full-year guidance with production expected to ramp up in the second half. supported by key capital projects completed during the quarter. We continue to advance our organic growth strategy. Exploration drilling at Golden Wing, still ongoing, following the encouraging resource release in May, and we see strong potential to extend mine life to near mine and regional targets. We expect to provide an update on results to the market in Q4. It was a strong first half of the year, and we believe the momentum we have built sets up well for the remainder of the year 2025. With that, I will now turn it over to Johan to walk you through the operational results in more detail.