Aya Gold & Silver Inc.

Good day, my name is Michelle and I will be your conference operator today. At this time, I would like to welcome everyone to the AYA Gold and Silver second quarter 2023 results conference call. All lines are being placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star then the number one on your telephone keypad. If you would like to withdraw your question, please press star 2. Thank you. Ms. Ruth Hanna, you may begin your conference.

Thank you, operator. Good morning, everyone, and welcome to AYA's second quarter 2023 results conference call. My name is Ruth Hanna, and I'm the Investor Relations and Communications Manager, dialing in with some of the AYA team from Montreal and Morocco this morning. On the call today, we have Benoit Lassalle, President and Chief Executive Officer, Hugo Landry-Tolsouk, Chief Financial Officer, Raphael Boudouin, Vice President, Operations, and David Lalande, Head of Exploration. We'll finish today's event with a Q&A session with the team. Please contact our IR team directly with any follow-up questions that are not addressed during the call. Before we begin, I'd like to remind listeners that today's event will contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Details of the forward-looking statements are contained in our August 11th news release, as well as on CEDAR Plus and on our website. With that, I'd like to turn the conference over to IAEA's President and CEO, Benoit La Salle.

Benoit, please go ahead. Thank you. Thank you, Ruth. Good morning, everyone. Welcome to the AYA Q2 conference call. We had an excellent quarter. Q2 was an excellent quarter. We have given you a presentation that summarizes the results which you have for this call. I would ask you to go to slide number three. On slide number three, we have highlights of operation. In Q2 2023, we produced 526,703 ounces of silver, which is clearly for us above budget. It was a very good quarter. It's the second highest quarterly production after Q4 of 2022. Our cash cost was at 1098 per ounce sold. We generated $9.6 million in revenue and $3.7 million in cash flow. And we also closed the quarter with $52 million in cash and cash equivalent. So very good quarter, very good cash position, strong financial position. The growth pipeline, we have progressed this Gounder expansion to 45% completion. As you see regularly with our videos, the construction is going very well, and we will keep updating you regularly. The extended Boumadine open-end strike to 3.8 km, that was also disclosed this quarter in a press release. And we've also discovered a new at-surface northwest mineralized zone, which we will review later. Also, for some of you who have questions, David Lalonde is on the call with us from Marrakech. So you will be able to ask questions to him directly. We also had some...