Calibre Mining Corp.

Good day and thank you for standing by. Welcome to the Caliber Mining Corp 2021 Q4 and 4-year earnings results and conference hall. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1 on your telephone. And if you require any further assistance, please press star 0. And now, it is my pleasure to hand the conference over to your first speaker today, Ryan King. Senior Vice President, Corporate Development and IR. Thank you. Please go ahead.

Thank you, Operator, and good morning, everyone. Thank you for taking the time to join the call this morning. Before we get started, I'd like to direct everyone to the forward-looking statements on slide two. Our remarks and answers to your questions today may contain forward-looking information about the company's future performance. Although management believes that our forward-looking statements are based on fair and reasonable assumptions, actual results may turn out to be different from these forward-looking statements. For a complete discussion of the risks, uncertainties, and factors which may lead to actual operating and financial results being different from the estimates contained in our forward-looking statements, please refer to our 2021 annual MD&A and 2020 AIF available on our website as well as on CDAR. And finally, all figures are in U.S. dollars unless otherwise stated. Present today with me on the call are Darren Hall, President and Chief Executive Officer, David Splett, Senior Vice President and Chief Financial Officer, and Tom Gallo, Senior Vice President Growth. We will be providing comments on our full year and fourth quarter results, exploration programs, and our outlook for 2022, after which we'll be happy to take questions. The slide deck we'll be referencing is available on our website at calibremining.com under the events section. You can also click on the webcast to join the live presentation. And with that, I'll turn the call over to Darren.

Thanks, Ryan. Turning to slide three. Good morning, everyone, and thank you for taking the time to join us on our Q4 and full year earnings call. I'd like to start by thanking all of our employees and business partners for their continued focus, which has resulted in another great year for the company, which pleasingly was led with a 22% reduction in our lost time injury frequency rate. I just want to take a moment and go through some history. I'm extremely proud of what the team has accomplished in the two years since acquiring the Nicaraguan assets. We've realized significant value from our revised operating strategy, allowing the company to utilise a portion of the 2.2 million tonne per annum Libertad mill to grow production. It is important to note that when we purchased the assets, Libertad had been foreshadowed to go into closure in 2020 due to a lack of feed, and it is now producing 120,000 ounces per year. We have consistently delivered on our commitments quarter over quarter. We have generated strong operating cash flow, which has allowed reinvestment into mine development and near mine exploration, growing production, and importantly, adding a million ounces to reserves, which establishes a solid base from which to organically grow. With reliable production, supported by five years of reserves, our exploration emphasis now shifts to new target and district-scale discovery drilling as we look to reload the project pipeline for future resource growth. A good example of which is the emerging opportunity of the recently discovered Volcan Deposits, located about five kilometers from the Libertad Mill, which we'll be advancing this year as part of our 85-kilometer exploration program, which Tom will elaborate on shortly. Looking beyond this year, advancing the high-grade mines at Pavon Central on Eastern Borossi will fuel grade-driven increases in gold production, lowering unit costs, and increasing cash flows in 2023 and 2024. Our demonstrated performance in Nicaragua has allowed Caliber the opportunity to grow and diversify with the Fiori acquisition in Nevada. The team in Nevada has done a commendable job in establishing Pan as a reliable producer, generating operating cash flow for which they have prudently reinvested into the business. Ironically, this is where the opportunity exists. Pan, as a 40,000 ounce per year producer, has been able to sustain the operation but could not generate the levels of cash required to explore, grow, and ultimately realize the full potential of the Nevada assets. Within the highly prospective and underexplored land package, the exploration team sees excellent potential for mine life extension at Pan and resource growth at Gold Rock, which is reflected in our Nevada exploration budget of 85,000 meters, which represents approximately a five-fold increase over the average level of investment over the last four years. Given the company's strong consolidated operating cash flow, and clean balance sheet, we can reinvest into exploration and development, which I expect will lead to mine life extensions at PAN and the potential to increase annual production with the development of GoldRock. I'm pleased to introduce David Splett, our Senior Vice President and CFO, who comes to Caliber with 30 years of experience and a track record of success in both C-suite and operational roles. David's extensive Latin American experience, including CFO of Latin America at Goldcorp, CFO at Minera Panama, and CFO at Antamina, is a valuable addition to the executive team. Although David has only been with Calibre for three months, his contributions are having a positive impact, and I'm confident it will add significant value to our business as we continue to grow. I'll now turn it over to David to discuss our 2021 results and financial outlook.