Aris Mining Corporation

Good day everyone and welcome to the AIRIS Mining second quarter 2026 results conference call. We will begin with an overview from management followed by a question and answer period. To join the question queue, you may press star then one on your telephone keypad. You will hear a tone acknowledging your request. As a reminder, all participants are in listen only mode and the conference is being recorded. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. Please note that the accompanying presentation that management will refer to during today's call can be found in the events and presentation section of Eris Mining's website at erismining.com. Second quarter 2026 financial reports for Eris Mining have been filed on CDAR Plus and EDGAR and can also be found on their website. I would now like to turn the conference over to Mr. Neil Whittier, Chair and Chief Executive Officer. Please go ahead.

Thank you operator and welcome to our Q2 2026 earnings call. Today joining me are Doug, Oliver, Cam, Dustin, Cornet and Alejandro. But before we begin, please note the disclaimer on slide two. Moving to slide three, the headline for the quarter is straightforward. We delivered a strong first half year and remain firmly on track for our full year guidance. The Q2 numbers I'd like to highlight include 74,000 ounces of gold production, 179 million of adjusted EBITDA and a quarter end cash balance of 426 million. More important than any quarter in number is what these results allowed us to do. The first half year our operating cash flow after taxes was 200 million. which funded our capital expenditures of £196 million, allowing us to maintain a strong cash position. Our financial strength enables us to advance the execution of a growth strategy across all four of our assets. At Segovia, the expanded mill is performing well. Our focus has shifted underground, where we were adding the haulage capacity and mining flexibility needed to keep plant consistently full. We expect that work to translate into higher production in the second half and a full run rate capacity for next year. At Mamato, the project focus is moving from major construction towards start-up readiness. The bulk zone is now connected directly to the new plant area, and the Sagma ball mills are on site and mechanical installation is underway. First Gold remains on schedule for the fourth quarter of this year. At Torre Peru, the pre-feasibility study remains on schedule for completion in the second half of this year, supporting a construction decision targeted for early 2027. At Sote Norte, the environmental studies will be ready for submission So the story for the past half year is one of execution, strong performance from the producing assets, visible progress on the growth projects and a clear path to our 2026 production guidance of 300 to 350,000 ounces. With that I'll pass to Cam to review our financial performance.

Thanks, Neal. Turning to slide four. Starting with our cash position, we started Q2 with $472 million of cash and ended at $426 million. The cash movement here mainly reflects the timing of our annual Columbian tax payments and the significant capital we put into Marmato and Segovia this quarter, as detailed on the slide. But the bigger picture is really the funding story. Over the first half of the year, our after-tax operating cash flow essentially covered our entire capital program. We stayed free cash flow positive, even as we pushed forward on multiple major growth initiatives at once. And despite ramping up investment meaningfully in Q2, we ended the quarter with a cash balance above where we finished in 2025. Turning to slide five. These charts really tell the story of our operating momentum behind that financial strength. Since we expanded Segovia's processing capacity back in 2025, we've seen a clear step change in production. First half gold sales were up 27% year over year, and on a trailing 12 month basis, we're now approaching 300,000 ounces. Combine that higher volume with stronger gold prices, and you get record first half revenue, adjusted EBITDA, and earnings. What these charts really show is that our operating growth is translating directly into cash generation and profitability. With that, I'll hand it over to Dustin to walk through the operations.