Andean Precious Metals Corp.

Thank you for standing by. My name is Tina, and I will be your conference operator today. At this time, I would like to welcome everyone to the first quarter conference call and webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. To ask a question, simply press star 1 on your telephone keypad. To withdraw your question, press star 1 again. It is now my pleasure to turn the call over to Amanda Malone, Vice President, Investor Relations. Please go ahead.

Good morning, everyone, and thank you for joining us on today's first quarter 2026 Financial and Operating Results for Indian Precious Metals. Joining me on the call today are Alberto Morales, Executive Chairman and Chief Executive Officer, Juan Carlos Sandoval, our CFO, our new SVP of Exploration, Operations, and Growth, Victor Flores, and Don Kizak, our VP of Finance. Before we begin, I would like to remind listeners that certain statements made on today's call may constitute forward-looking information within the meaning of applicable securities laws. Please refer to the cautionary language included in our press release and MD&A for additional information. I will now turn the call over to Alberto.

Thank you, Amanda, and good morning, everyone. We delivered an excellent start to 2026, highlighted by a strong production quarter, record financial results, significant free cash flow generation, continued operational execution across both assets, and a meaningful strengthening of our balance sheet. Consolidated production increased approximately 28% compared to Q1 2025. and also increased quarter over quarter relative to Q4 2025 as well, reflecting strong operating momentum across the business. During the quarter, we generated record quarterly revenues of $163.1 million, adjusted of $71 million, net income of $48.2 million, driven by higher realized gold and silver prices and increased production across both operations. Importantly, approximately 64% of our total revenue during the quarter was derived from silver production and 36% from gold production, highlighting the strength of our diversified precious metal platform and our meaningful exposure to current silver prices environment. Importantly, We generated approximately $40 million in free cash flow during the quarter and ended Q1 with over $204 million in liquid assets, providing substantial flexibility to fund growth initiatives, advance exploration activities, and evaluate strategic opportunities. At San Bartolome, we saw meaningful step change in margin performance during the quarter. The operation generated a cash gross operating margin of over $36 per ounce and a gross margin ratio exceeding 45%, reflecting strong realized silver prices, higher throughput, improved grade, and continued discipline around ore purchasing and operational execution. At Golden Queen, Operations performed in line with expectations and generated strong cash flows during the quarter, while sustaining capital was lower in Q1 relative to the balance of the year. This was largely time-related and consistent with our planned 2026 capital profile. We are reiterating our full year 2026 guidance across production, costs, and margins. As we have discussed previously, Our production profile remains weighted towards the second half of the year, reflecting planned mine sequencing at Golden Queen and ore delivery timing at San Bartolome. We continue to expect approximately 45% of annual production in the first half of the year and approximately 55% in the second half of the year. We also continue to monitor geopolitical events and their impact on commodity prices and monetary policies. Beyond the operational and financial results, we also continue advancing several important strategic initiatives during the quarter. In January, PMB partners completed a non-diluted secondary offering designed to increase our public float and enhance trading liquidity on the TSX. As a non-diluted transaction, the company did not issue any shares, not that the company received any profits. Additionally, in March, we announced our intention to pursue a listing on the New York Stock Exchange, which we believe will broaden our investor base, enhance liquidity, and further increase our visibility among North American institutional investors. We anticipate to be listed by late September of this year. We also recently appointed Victor Flores, a Senior Vice President of Exploration Operations and Growth, who is with us on the call today. Victor brings an extensive operational, technical, and capital markets experience, and we believe he will play an important role as we continue advancing our operational and growth initiative across the portfolio. Overall, we're exceptionally well-positioned to further expansion with strong operations, meaningful liquidity, growing free cash flow generation, and significant exposure to both gold and silver prices. With this, I will now hand it over to Juan Carlos to provide some additional operational commentary, beginning with Sambhar Tolome.