Next up, we have Nicholas Anderson, Managing Director and CEO at Golden Horse Minerals. Nicholas is a chemical engineer and accomplished executive leader with broad experience building and scaling businesses across the mining and mining services sector. He brings a strong track record in capital markets, mergers and acquisitions, corporate strategy, and gold production. A former board member of Kin Mining NL, Nicholas combines technical expertise, commercial acumen, and governance experience. Thank you, Nick. Thanks, Tim. Welcome to 2026, the Year of the Horse. Look, talking about horses, when I grew up, I used to have a horse called Mayo. Mayonnaise. Yeah. Didn't deadpan too badly. If you didn't like that, this is going to be a tough 15 minutes, because there's going to be horse puns all through it, hopefully. Golden Horse. I've failed the intelligence. There we go. We are an active explorer and a future developer. We are located in Southern Cross. Most of you would have passed either over or through Southern Cross on the way out here. It's about two-thirds of the way from Perth to Kalgoorlie. It is a historic gold mining belt. It's produced more than 12 million ounces, but it's been pretty unloved in recent years. What we have done is we have built a dominant position in this belt. We have over 100 kilometers of strike, continuous, all joined together in this greenstone belt running from Southern Cross north. We are building towards an MRE. We have a huge budget this year. We've still got AUD 30 million in the bank, plenty of little shekels in the saddle bags. We are drilling over 100 kilometers of RC and diamond this year. The first half of the year, we've delivered on that. We've drilled 50 km. There's some fantastic results we'll run through. I want to talk a little bit more about Southern Cross and where we are and why this is going to work. Southern Cross is a lovely little town. It's got the main freeway that you drive on through to Kal running through it. It's got the prospector, the train line going through there. We often joke we are a FIFO workforce. We train in, we train out. It has power, it has water, and our flagship asset, which we'll spend a bit of time on Hopes Hill, is only seven kilometers north of town. So all our guys can stay in town and be out at work each day pretty comfortably. In terms of the corporate side of things, we are pretty blessed with the cash we've got in the bank, with the momentum we're building. Our board is led by Graeme Sloan, which has been quite successful. More importantly, we've got Emerald Resources NL on our register, very supportive. We have 1832 Asset Management L.P. who are here today, very supportive as well, which is fantastic. But where we're having the success at the moment is driven by the geos. We've got a couple of the boys out on the booth there. They're running a bit of a competition. There is an absolutely spectacular non-vintage Golden Horse Chardonnay up for grabs for the best horse pun. Go out there, have a chat to the geos, lick some rocks, tell some horse jokes, and see how you go. We also are very lucky. We do have coverage from four of the brokers who are all here this week, so that is on our website. You can see who they are. You can run around and have a bit of a chat and hear their thoughts on the story. They are all pretty bullish. They are all pretty excited about it. What happened? We listed about 18 months ago. 2025 last year was our first year on the stock exchange. We had 15 different deposits we were going to drill. That was what the IPO was based on. It was a great plan. Our first drill hole was under an old pit called Hopes Hill. We hit 60 meters at 2.5 grams. Quite frankly, last year we did not leave. We have done a lot of work with Hopes Hill, which we will talk about. There are some numbers there. I am sure you are sick of people quoting grades at you, but they are nice. They get better. Now we are this year in 2026, the Year of the Horse. We are focused on building out much more of the scale we have here. Hopes Hill is a great asset, but we have so much opportunity in this 1,800 square kilometers of continuous tenure that wraps up this greenstone belt in Southern Cross. Talking about 2026, the Year of the Horse. What are we doing this year? The 50 Ks we have drilled so far, again, decent numbers there, 16 at 7 at 13, and so forth. You will hear lots of talk about numbers, but what I want to draw your attention to is the consistency. Every drill hole we hit hits mineralization. It is building out this story. It is going to be a fantastic year for us. We are focused on a few of our other deposits as well. We drilled a little thing called Greenmount down south, just one of our small exploration targets. We thought we will just have a look here, drop a couple of holes in. We hit 8 meters at 16 in one of those holes and 8 at 8 in another one. It was a very small program. We will go back. We will drill that again. We did similar things with an asset called Marionette earlier as well. Never been drilled before. Good numbers. You can see there on the little map, we do have that is 100 kilometers from Southern Cross to the tip of our tenure there. We wrap it up. We have it all packaged together. This was all done pre-IPO. Everyone is talking about corporate transactions at the moment. We did more than 20 transactions to wrap this tenure together. That was moms and dads, prospectors, small listed companies, and obviously the penultimate transaction with Emerald that brought this all together pre-listing. Yes, there is lots going on. We are looking, but quite frankly, we have wrapped up the tenure we need to be a successful developer in the future. Our flagship asset, Hopes Hill. I will tell a little bit of a story. It was found back in 1895 by a bunch of prospectors just outside of Southern Cross that we talked about. Since then, it's been up and running a couple of times. Most recently in the early 1990s. It had its own processing plant on there, 1.2 million tons. They pulled out over 200,000 ounces at 2.5 grams from this asset. It's barely been touched. It had no real drilling below about 50 meters. The pit is 1.3 kilometers long and drilled down to about 50 meters. It was a satellite operation for a number of other deposits nearby, which are all on our tenure. Why did they stop mining this? Really good question. They were tenure constrained. If you look at the little insert there on that map, they mined this 1.3-kilometer pit right up to the tenure boundary. That's the western side you can see. They mined it to the northern tip as well, and they had a fair bit of trouble down south. This is the first time, and this is the story of Golden Horse Minerals, that all these assets have been put together. We own the mining lease to the left, we own the mining lease to the right. We own the exploration tenement north and south, and it's all together. It sits on mining leases. We have freehold land. It has a historic mill site there with tailings dam. We can rebuild if we want to, if that's the path we go down. Again, we are now drilling this from the west. From the neighboring tenure, it's never been drilled before, and we're hitting some delicious numbers that we passed on earlier. But we're not just focused on this 1.3-kilometer historic pit that was only mined down 50 meters. We've been drilling underneath that. We're down almost 400 meters. We're still in mineralization. But we want to bring this pit north and south. We think now there is an over 4-kilometer mineralized zone here that's been untouched and unloved, and that's what we're building out in 2026, the Year of the Horse. A bit of a long section for you with more numbers. But I think the key here is we are starting to stretch this north, like I just told you, and south. If you're playing Diggers & Dealers Mining Forum explorer bingo, we are genuinely, you ready for it? Open a long strike and at depth. That wasn't quite the laugh I was hoping for, but I guess we'll move on. We'll go back to the Year of the Horse. Get on the horse. But the story here, it is printed bold at the top, is we are getting better with every hole. One of the ones we just released was 380 meters deep, and we still hit 24 meters near the north of 2 grams, 2.2 grams. Every time we step back and go deeper, we're finding more mineralization. We're getting a really good understanding of how these shoots operate, what it's looking like, where the faults are. The guys are building up. I'm sure a lot of guys out there in their Leapfrog software are doing it themselves. We are building up a really good understanding of the size and scale of this deposit we're sitting here. A little bit on MET for the technical guys. We did bottle rolls last year, and then we've done a microscopic study this year where they cut little slivers of the drill core and zoom in and tell you how the mineralization sits there. All our gold sits in very fine grains just outside some of the chalcopyrite and other bits and pieces. What that means is it is genuinely free-milling. You crush this up, you put it through a standard CIL plant, and you get great recoveries. We tested that with some bottle rolls. We ran it through the lab in Perth. We averaged north of 97% recoveries in that test work. We'll do some more, but we are very comfortable there is no refractory nature in this deposit. It is free-milling, and it will go through any of the standard plants that exist. Second slide that says almost the same thing, but we focus on they did pull out 200,000 ounces. They were getting over 2 grams a ton. Our test work was over 97% in what came through. That microscopic study has backed that up and proved it, which we did earlier this year, 2026, the Year of the Horse. We talk about the scale again. We've focused on Hopes Hill. It will be our flagship asset. That asset will get mined in the next five years. I can absolutely guarantee it. What else do we have? Where else are we building with this story? We aren't a one-trick pony. We went up north about 60 km. We drilled a little asset called Marionette. We hit 10 meters at six from surface again. We went down south. We've drilled Greenmount, which we talked about. That was the eight at 16, amongst others. We are pretty excited. We have a deposit called Paddocks, aptly named for those that understand. It is in a paddock as well. Just to make it a bit tie it together, shall we say. We're about to get a land access agreement to that. It's got almost a kilometer of soils that light up. It's got no drill holes in it. It hasn't been touched. It just sits a few kilometers north of Hopes Hill. It's on the same shear where that greenstone hits the granite. The boys are pretty excited to get a couple of the rigs up there and ping that when we get access as well. We move up into the Golden Valley Group with a number of other targets that we'll be hitting in the second half of this year. We'll continue to build out Hopes Hill, that main story, build that towards that 4-kilometer strike, open at depth, as we've talked about. We'll also start to tag a number of these other deposits and really build the story of the built scale we have wrapped up here in Southern Cross. There is a bit of a regional context here. It is worth noting that there used to be seven mills in the Southern Cross Greenstone Belt. That's now down to one on our belt there, Marvel Loch. It used to produce a lot. It has been sort of forgotten, and that's part of the story about wrapping the 20 transactions that put this tenure together, that built this huge package, is this will be developed in the coming years. It's got the grade, it's got the scale, it's got the deposits, it's got the history. For the first time, it has all been wrapped up nicely in a great little package called Golden Horse Minerals. One of the things that happened when we were wrapping this up is we did come across a copper project that was in one of the transactions that came with it. We have started to do a fair bit of work on this to really have a bit of a look at what we have here. We call it our Sorrel Copper Project. Sorrel, for those people that do not know, is a copper-colored horse. It is a bit upsetting I have to explain that, but I do. There is a bit of a theme here, if you have not gathered it. 2026, the Year of the Horse. Our little Sorrel Copper Project, it does have 88,000 tons of copper in a resource up there. We are in the process of doing a strategic review on this asset, and we think it is big enough and interesting enough to have a life of its own. We will be working on how we can do that in the latter half of this year. Look, that is us. This is the right horse. Get on the horse. 2026, the Year of the Horse. We have the dominant position in Southern Cross. It is all there for us. We are building towards a maiden resource. Everyone keeps asking. It will come when it is ready. We have all the infrastructure we need to operate in this town, the wonderful town of Southern Cross, that you will be flying back over or driving through either today, tomorrow, or Thursday for the lucky ones. We have got a great board, great team, but it is really the guys on the ground, the GOs that are there on the booth waiting for you should go and have a chat to. We will be continuing with this big program we have got to be punching out our news flow every few weeks into the market, keep you informed, and come on the journey with us. 2026, the Year of the Horse. Get on the horse. Thank you