Wesdome Gold Mines Ltd.

conference call to discuss the company's financial and operating results for the three and 12 months ended December 31st, 2024. As a reminder, this call is being recorded. Your host for today is Trish Moran, West Dome's Vice President of Investor Relations. Ms. Moran, please go ahead.

Thank you, and good morning, everyone. Before we get started, I would like to point out that during today's call, we may make forward-looking statements as defined under Canadian securities law. I ask that you view our slide presentation for cautionary language regarding forward-looking statements and the risk factors pertaining to these statements. Please note that all figures discussed on this call are in Canadian dollars unless otherwise noted. Our press release, ND&A, and financial statements are available on both CDAR Plus and on our corporate website, westdome.com. With us on today's webcast is Anthea Bass, WestDome's President and CEO, Ibalo, our COO, Fernando Ragon, our Chief Financial Officer, Jonah Lawrence, SVP Exploration, Raj Gill, SVP Corporate Development and Investor Relations, and Kevin Lonergan, SVP Tactical Services. Following management's formal remarks, we will then open the call to questions. And now over to Anthea.

Thank you, Trish. Good morning, everyone. I'd like to begin today's call by recognizing the outstanding efforts of the entire Western team throughout the year. The hard work and commitment of everyone in this organization has led to the most robust operating and financial year in the company's history. As shown on slide four, you've seen significant year-over-year reductions in both incident frequency and severity rates. These improvements clearly demonstrate that the safety culture we've been building over the past 18 months is proving effective. Together with this year's safety achievements, we broke all-time company records in terms of production, revenue, EBITDA, net income, free cash flow, and net cash balance. This performance is not just a result of high gold prices. It is due to strong execution by the team, bringing on a second mind just as gold began to save. We have renewed leadership across the organization, and they're doing a brilliant job bringing their teams together and aligning to the overall vision. Our success, of course, depends on our people, and we're taking steps to ensure everyone understands their role and how they contribute to the organization. Compensation is aligned with driving value for shareholders, and this is reflected in the behaviors and the decisions that we are making. It was a year of achievement, and KINA had a standout year. We commenced processing of the high-grade KINA DeepOil in mid-April. We subsequently ramped up production and delivered three solid quarters of production. Rehabilitation of the near-surface 33 level was complete, and we commenced development of the secondary mine egress and ramp, which would give us access to both production from the Preskill deposits and a platform for drilling near other near-surface zones. Like KINA, Eagle River also had an outstanding year. The team exceeded both original and revised guidance and completed the first phase of the global resource model initiative. We kicked off several continuous improvement initiatives at Eagle River last year. And we are excited about what we've seen as this translates into better unit costs and productivity metrics. 2024 marked the first step in our full normal strategy at both Eagle River and Kena. This strategy is anchored by three key initiatives. The global resource model, strategic exploration, and thirdly, optimizing and leveraging our fixed cost base. These initiatives are the foundation of our growth strategy, ensuring we maximize the asset value while driving sustainable production. Walking through these in a little bit more detail. In 2024, we completed the first phase of the global resource model, digitizing critical data from drilling, sampling, and mapping. The next step is to construct an unconstrained resource model, which will be essential for optimizing production at both operations. This work is also enhancing our geological understanding by incorporating decades of historical data into our modeling, We're understanding and updating mine plans with more comprehensive real-time models. We're identifying new opportunities near existing workings. And we're enhancing drill targeting and maximizing each dollar invested in exploration. At Eagle River, applying the global model has already begun to show promise. We have already identified near-surface answers, supporting increased production at lower costs, improving our ability to see opportunities across multiple mining areas. We're really seeing these cross-trends moving in the right direction. Secondly, our long-term success continues to allow consistently growing high-quality reserves and resources. To that end, we increased our exploration budget and focused on delineation and conversion drilling in 2024. We incorporated geological models into a centralized view of the assets, and we deployed grassroots exploration practices, such as geophysics and historical data reinterpretation. Again, these efforts are already paying off. into a high-quality MRMR for the year end. And we saw a 37% increase in resources in the measured category. Relatively, proven reserves grew 34% at Eagle and 462% at Kena, which is really, really important because these answers support more detailed and reliable mine plans on our operations. Despite our success, a significant portion of our land package remains underexplored, presenting future upsides. Jonah will explain a bit further around how we change the geological models, which will explain a little bit around the inferred resource change in grade. The third pillar of our strategy focuses on operational efficiency and cost leverage. Our goal is to fill the malls at both Eagle River and Kena by blending high-grade ore with near-surface, low-cost material without displacing high-grade tons and not sacrificing mine life. At Kena, we are making advancements to support this strategy. We are unlocking multiple mining fronts. We have proven our Keener deeps further. We've extended and drilled to understand Preskill so we can produce in 2025. And we upgraded Dubuisson so we can start planning to mine it further. We're developing new drill platforms to finally test Keener deep down plunge. And we're opening up level 33 in order to open up the mine both laterally and down plunge so we can advance overall geological potential. At Eagle River, we started by strengthening our mine planning capabilities, specifically by building a more robust mine model for real-time understanding of the mine, and kicking off a range of continuous improvement initiatives, which Guy will touch on shortly. Stepping back, these three integrated workflows directly support our goal of maximising more utilisation and margin, all while sustainably extending mine life. To summarize, Western's organic growth strategy remains our highest return opportunity, and we remain completely excited about what we see. Now over to Guy for the quarterly operating highlights.