Wesdome Gold Mines Ltd.

Good morning. Welcome to Westom Goldmine's conference call to discuss the company's financial and operating results for the first quarter ended March 31st, 2025. As a reminder, this call is being recorded. Your host for today is Trish Moran, Westom Vice President of Investor Relations. Ms. Moran, please go ahead.

Thank you and good morning, everyone. Before we get started, I'd 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, MD&A, and financial statements are available both on CDAR Plus and on our corporate website, weststone.com. With us on today's webcast is Anthea Bath, West Nome's President and CEO, Guy Ballou, our COO, Fernando Ragon, our CFO, Jono Lawrence, SVP Exploration, Raj Gill, SVP Corporate Development and Investor Relations, and Kevin Lonergan, SVP Technical 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. The year is off to a good start, and we're pleased to be sharing with you another quarter with solid results across the board. Starting with health and safety, we continue to see reductions in our lagging indicators. By way of example, our total recordable incident frequency rate in the first quarter is at its lowest level in more than four years, a result that demonstrates that our efforts to build the safety culture are working. As shown on slide four, we produced nearly 46,000 ounces, And our quarter one financials captured the upside move in the gold price and set many quarterly records. Revenue, EBITDA, net income, free cash flow. Importantly, these records were set on a per share basis as well. We also increased our liquidity to $318 million, which included $168 million in cash and $150 million of undrawn full capacity on our revolver. As we go through this quarter's results, there are three key messages that we want to emphasize. Firstly, as outlined in our previous piece, operating performance is expected to be second-half weighted, primarily driven by skill or coming online in the second half of 2025. Two, we are making progress on embedding our principles of optimization and value creation across these operations. And thirdly, we're advancing the Fill the Mall strategy, which will daylight value for our shareholders. Post-quarter end, we announced the acquisition of Angus Gold, a transaction expected to close by the end of June. The acquisition is a strong fit within our strategy. As you can see on slide five, it offers a unique opportunity to consolidate and expand the prospective land position around Eagle River, quadrupling it to roughly 400 square kilometers. This transaction underscores our long-term commitment to Eagle River and will meaningfully enhance our regional greenfield exploration pipeline We are the logical acquirer of Andes. With a strong balance sheet, established infrastructure, and strategic relationships, we're in a great position to build on the impressive groundwork already laid out and accelerate both exploration and development across a combined land package, creating real value for our shareholders. Moving to slide six, our organic growth strategy, what we call the full mill, has the potential to unlock significant additional value to our shareholders over the next three to five years. If you recall, the strategy has three pillars, namely the global resource model initiative, strategic exploration, and cost optimization. Work related to each of these initiatives is ongoing and will be incorporated into new technical reports for both Eagle River and KINA next year. Let me update you on what we hope to achieve on each of these assets. At Eagle River, the focus of the global model initiative is on incorporating all available data To get there, we completed the QAQC processes to qualify the database, including all historic drilling that was recently digitized. We have modeled the target areas and designed an aggressive drill program aimed at maximizing conversion. We want to ensure we can revisit the potential for restart at the historic Michi and Makakon areas. Moving to Kino, our ultimate aim is the same, but our focus areas to unlock value are different. Whereas the Eagle River technical report is looking to drive value primarily from the global resource model initiative, at KINA, we look to unlock value through a combination of cost optimization, inclusion of near-surface deposits along 33 level, and holistic strategic mining planning. There's much work upfront to be done to publish these two technical reports in 2026, and we'll certainly keep you updated along the way. Now over to Guy to review the quarters