Hello, and thank you for standing by. Welcome to Calibre Mining Corp Second Quarter 2023 Financial Earnings Results and Conference Call. At this time, all participants are in listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask the question during the session, you will need to press star one, one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star one, one again. I would now like to turn the conference over to Ryan King, Senior Vice President, Corporate Development and Investor Relations. Sir, you may begin. Thank you, operator. Good morning, everyone. Thank you for taking the time to join the call this morning. Before we commence, 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 the second quarter 2023 MD&A and consolidated financial statements available on our website as well as on SEDAR+. Finally, all figures are in US 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 of Growth. We will be providing comments on our second quarter and year-to-date 2023 results, 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. With that, I'll turn the call over to Darren. Thanks, Ryan. Moving to slide three. Good morning, thank you for taking the time to join us today. I would like to start by thanking all Calibre employees and business partners for their continued support, which resulted in our third consecutive record-breaking quarter. I'm very pleased with the team's performance, delivering a record 69,000 ounces at a Total Cash Cost of $977 per ounce and an All-In Sustaining Cost of $1,178 per ounce. operating cash flow increased to $59.8 million, a 38% increase over second quarter 2022, generating Free Cash Flow of $15.9 million. We delivered our highest quarterly net income, which drove Earnings Per Share to $0.07, a 133% increase over second quarter 2022. With year-to-date performance being ahead of budget, we're well positioned to deliver our full-year production and cost guidance, self-fund all investments, and continue building cash well beyond where we sit today at $77 million. During the first half of 2023, the team developed both the Pavón Central and Guapinol open pits. As all deliveries from Guapinol ramp up from the 200 tons per day in second quarter, we continue to strengthen our position to deliver our full-year production commitments. During the quarter, we announced a number of favorable exploration results across our assets, which continues to demonstrate our ability to discover new and expand existing resources. Turning to slide four. In early 2022, we completed the acquisition of Fiore Gold, establishing a Nevada base of operations with an underexplored 222 sq km land package, with potential to support mineral reserve and mine life expansion. A year on, we've increased reserves 23% net of depletion, discovered Coyote, located 3 km to the south of the current open pit, and defined several priority targets. During the quarter, we announced new shallow, high-grade drill results at Palomino, which is adjacent to the south pit. With Palomino results averaging between 0.5 and 1 grams per ton, it will positively impact resources at year-end, and more importantly, will positively impact mine grades within the year. I look forward to additional results as we continue to advance the drill programs across our mineral concessions. Moving to slide five. Since acquisition of the Limón and Libertad operations in late 2019, our exploration programs have made economic discoveries and grown reserves across our assets. I'm particularly excited about the significant success we have seen and the potential along the Panteón VTEM Gold Corridor at Limón. In 2020, we discovered and developed the Panteón deposit, bringing it into production in 2021. In May of 2022, we discovered the high-grade Panteón North deposit. At the end of the same year, published the maiden mineral reserve of 244,000 ounces at 9.45 grams per ton gold. 2023 drilling continues to demonstrate the potential long strike of the multi-kilometer VTEM Gold Corridor, which we expect will have a positive impact on our year-end mineral resources. This year, we announced drill results from the past-producing Talavera mine, located just 3 km from the Limón processing plant, which yielded high-grade results, which again demonstrates the overall resource expansion and discovery potential of the enduring Limón District, which has produced more than 4 million ounces since the 1940s. With nine drill rigs active across all assets, I'm excited about the future. Investment into exploration and property development has yielded significant return, as evidenced by a 20% year-on-year production growth and 280% reserve growth in Nicaragua. Turning to slide six. I believe Calibre presents a compelling investment opportunity as the company continues to self-funds, resource, reserve, and production growth, whilst concurrently building cash. We remain focused on sustainable mining practices, prioritizing environmental stewardship, and transparent engagement with all stakeholders. With that, we're happy to take any questions. Back to you, operator. Thank you. Ladies and gentlemen, as a reminder to ask the question, please press star one, one on your telephone, and then wait to hear your name announced. To withdraw your question, please press star one, one again. Please stand by while we compile the Q&A roster. Our first question comes from the line of Justin Stevens with PI Financial Corp. Your line is open. Check to see if you're on mute, Justin. Sorry about that. Was on mute. Hey there, and the team. Congratulations on another strong quarter here. Good to see the costs still yielding some pretty healthy margins, especially with the record gold price. A few questions on my side. You previously indicated that the first half of the year was gonna be a bit weaker than the second half of the year, obviously, just as the satellite operations ramp up in Nicaragua. Given the relatively strong performance we've seen in the first half here, and from, from my numbers at least, sort of a little bit less sustaining capital than what I've been looking for so far, do we expect maybe a bit of a catch-up in third quarter, fourth quarter, in terms of the, some of that capital spend? I don't think the ounces are gonna drop off, but, should we expect maybe a bit more of a flat, you know, cost and production, half one and half two? Yeah. Yeah, thanks, Justin. You know, again, the, the first quarter or the first half results speak for themselves. As we look forward for the balance of the year, we're pretty comfortable with where we've established guidance. We expect the same trends to continue in the back half of the year as they have in the first half, in terms of, you know, production and cost, delivering into those, you know, annualized guidance. You know, we are a little ahead on the production end, and we've had positive results on the cash end. You know, some of those things will continue in the back half of the year. You know, as we're presented with opportunity for growth investment, we will look at those options as we get into the back half of the year, as we, you know, get into advancing 2024 production as well. You know I think the trends will continue similar to what we've seen. you know, I would anticipate end of year, you know, we continue to see a significant build in cash, and I'd like us to see us at that, you know, north of $100 million pretty comfortably after, you know, the end of the year. For sure. If metal prices stay where they are, that should be eminently achievable, I think. Another one, just sort of, on Pan. Maybe give us a bit of help in terms of how we should best think of this. I mean, obviously, you've had some, some decent exploration success here. You're mostly thinking this is gonna be looking to sort of build out the, the track in front of the train here, in terms of the mine plan, giving you a solid few years, mining sort of what you've defined in your pit. Then maybe, obviously, you know, the, there's still gonna be some evaluation with Gold Rock and the like, should we expect that to sort of follow after the, the mine plan is well established? Yeah, Justin, I think that kind of nails it in summary. You know, if you look at it, we've had the assets for just on a year, and we've had a year, a modicum of success, you know, replacing reserves or growing reserves, net of depletion. With some of the recent results we've seen from Palomino and Coyote, you know, we see good opportunity to be able to put, you know, more track in front of the train, as it were. you know, the Palomino results, particularly is, is that, you know, with the average reserve grade of Pan at 0.4, and these Palomino results between, you know, half a gram and 1 gram, and being within the permanent envelope and things we can bring into production in a matter of quarters, you know, that'll positively impact that production profile as well. I think that, you know, really, you know, when we looked at these assets originally, it was an underinvestment in the, in the good exploration potential we saw. You know, we're, we're starting to understand what that potential can look like. then as we, you know, as we roll through 2024, we'll bring some of these things in, like Palomino, and we'll be in a better position to assess how Gold Rock and other opportunities fit into that longer-term investment portfolio. Sounds good. Last one from me. I think I've asked you guys this before, but just to make sure. Obviously, the VTEM corridor, you know, the Panteón extension here looks pretty stellar. The plan is still just to roll sort of resource reserve update with regular year-end cadence here, or are you looking potentially at anything outside of that regular timeframe? No, as it relates to Panteón North, it's really about, you know, rolling it into the year end. I mean, we'll see what we can roll in for the year end. More importantly, we're putting a team together to understand, you know, what that development opportunity looks like in that two to three year window as well, given the excitement that it surrounds it, you know, one of the, one of the issues you always have is keeping operators from wanting to develop to it tomorrow. We've recently employed a project manager and experienced guy out of the industry to come in and kind of mentor that program through, reporting into David Hendricks there in Nicaragua. We can make sure that we do what makes sense for the medium longer term, as opposed to a, you know, short term, hey, bring it into production in 2025 or 2024, right? It's just like, let's take a nice balanced approach and see how that fits into, you know, the five to 10-year strategy for Limón. No, that makes a lot of sense, and I think that the sustainable approach there is, hopefully gonna pay, pay dividends for, for quite a while to come. I'm looking forward to seeing, what comes from the, the exploration over the next few kilometers, along that trend too, as well. That's it for me. Thanks, guys. Appreciate it. Thanks very much, Justin. Thank you. As a reminder, ladies and gentlemen, that's star one, one to ask the question. I'm showing no further questions in the queue. I would now like to turn the call back over to Darren Hall, President and CEO, for closing remarks. Thanks, operator. I'd like to finish by just saying I'd like to thank all of our shareholders for their continued support and your participation on the call and questions this morning. It is appreciated. As always, Ryan and I and the leadership team are available if you have any further questions after the call or any point during the, the quarter. With that, you know, take care. Have a wonderful day, and back to you, operator. Ladies and gentlemen, this concludes today's conference call. Thank you for your participation. You may now disconnect.