K92 Mining Inc.

Thank you for standing by. This is the conference operator. Welcome to the K92 Mining fourth quarter and year end results conference call and webcast. As a reminder, all participants are in 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 one on your telephone keypad. Should you need assistance during the conference call, you may signal an operator by pressing star and zero. I would now like to turn the conference over to David Medeluk, Vice President, Business Development and Investor Relations. Please go ahead.

Thank you, Operator, and thanks, everyone, for attending K92 Mining's fourth quarter 2021 conference call. We hope you and your families are doing well. In addition to myself, we have on the line John Lewins, Chief Executive Officer and Director, and Justin Blanchett, Chief Financial Officer. I would also like to remind everyone that after the remarks from management, the call will be followed by a Q&A session. As we will be making forward-looking statements during the call, please refer to the cautionary notes and risk disclosure in our MD&A and slide two of the webcast presentation. Also, please bear in mind that all dollar amounts mentioned in the conference call are in United States dollars unless otherwise noted. Now, I'll turn it over to John to provide you with an overview.

Well, thanks, David, and welcome, everyone. I mean, the fourth quarter, in many ways, has been our most complete quarter at Canantu Goldmine to date. Record production, record mill throughput, record mine production. Just some of the highlights. And then highest recovery for both gold and copper to date. And once again, a positive reconciliation versus the resource model, a low all-in sustaining cost of just $672 per gold add. All of that in turn resulted in K92 achieving strongest financial position since inception and put the company in an extremely strong position to continue to self-fund both growth and exploration. When we look on the safety front, we're pleased to report there was zero lost time injuries in the fourth quarter. K92 continues to operate one of the best safety records in Australasia, and we really have a strong focus on occupational health and safety and continuing to improve our safety systems. On the ESG front, I'm pleased to provide an update on my recent trip to PNG, not without a few hiccups. I did get COVID while I was there and spent a bit longer there than I intended, but four weeks in the country. And really, we achieved a lot in that period. And I was fortunate to have a lot of interaction with government communities, et cetera, during that time. So during the trip, I met once again with the Prime Minister, the Honourable James Merapi, met with the Mining Minister, the Honourable Johnson Tukey, the Eastern Highlands Governor, Numu head of the Mineral Resources Authority, Terry Gary, among many others. The meetings were consistently positive, and many were featured in multiple publications in the local media in P&G, including the picture you have in front of you there, where this came from the business section of The National. And this was a release put out by the Prime Minister's office, where he highlighted K92 as a good corporate. citizen. During my visit as well, I was invited by the governor of the Eastern Highlands Province to the official opening of the COVID-19 isolation center at Garoka that was funded by K92. This is the largest isolation center in Papua New Guinea, and it's also designed to be multipurpose so that it can be converted into a sports center so that it's not just about being an isolation center, but it's a longer term asset for Garoka and for the Eastern Highlands Province. and very pleased that K92 to date has provided 2.5 million kina in COVID-19 funding to support various levels of government. The ESG-related visit included presenting scholarships at the University of Technology in Ley, the University of P&G in Port Moresby, as well as touring a variety of aid projects. And for further information on that, I direct you to our latest ESG report, which can be found on our website. And we really are very, very proud of positive impact that we continue to have in our community, in our province, and in Papua New Guinea. If we move on to operational performance, during the quarter, we produced a record 36,145 gold equivalent ounces, 20% above previous records. And that was really on the back of, as I mentioned, a record mill throughput of just under 100,000 tons processed at a head rate of 12.2. Recoveries in Q4 were the highest for the year in both gold and copper and among the highest today. Compared to Q4 2020, throughput increased 45%. And comparing 2020 to 2021, throughput increased 46%. In addition to that, when you look at the performance of the process plant, you'll see in the fourth quarter, 21 days actually exceeded 1,300 tons per day. And we achieved a record of 1,538 tons through in a single day. And when you look at what we need to do to achieve our 400,000 tonnes per annum, 1150 a day. So this is significantly need to do to achieve that. In terms of some of the key operational physicals, record mill throughput, as I mentioned, record total material moved, increasing 14% and 13% from the previous quarter, respectively, and development was comparable with the previous quarter. And despite all these multiple records achieved in the fourth quarter, COVID was still a factor for us, driven by the Delta variant, which resulted in short staffing and absenteeism. And in fact, COVID has been a factor for the entire year. Yet, as we've shown from the charts, we continue to push ahead with higher throughput quarter on quarter and commissioning of stage two. I'm also pleased to report that our control measures have continued to hold up and not the K92, we elected to maintain our quarantine system during the first quarter of 2022 as the Omicron wave came through. I believe we were the only mind to continue to do that, but that combined with one of the highest vaccination rates for our people in the resource sector in PNG really meant that the impact was significantly below many others in that first quarter. And so now with the Omicron wave appearing to recede. We are looking now at removing a lot of those restrictions. And in April, we expect to move back to a more normal operation, more normal roster. So with that, I'll hand over to Justin Blanchet, our Chief Financial Officer, to discuss the financial results. Thank you.