All right. Hello, everyone, thank you for joining us throughout the day here at the Lytham Partners Spring 2026 Investor Conference. Again, my name is Robert Blum, managing partner here at Lytham Partners. Up next, we welcome Stephen Soock at Heliostar Metals, who will be walking through the company's slide presentation. A reminder, Heliostar trades under the ticker symbol HSTR on the TSX Venture and HSTXF on the OTCQX. All right, Stephen, thanks so much for joining us. The floor is all yours. Great. Thanks a lot, Robert, and good morning, everyone. Thanks for tuning in for the presentation. As I said, I'm Stephen Soock, Vice President of Investor Relations and Development for Heliostar Metals. We are a gold growth company aiming to build the next mid-tier gold producer based on the tenets of speed, grade, and growth. We have a clear pathway to be able to go from the 30,000 oz of gold we produced last year to 300,000 oz annually by the end of the decade. We can do that entirely by executing on our 100% owned organic pipeline of growth opportunities, development projects. What really sets us apart is our ability to do that without issuing any additional equity. We're able to show a rerate trajectory that's typical of a developer without the usually associated equity dilution that goes along with that sort of growth profile. I will, of course, be making forward-looking statements, and I'll leave you to peruse this at your leisure. Why a mid-tier gold producer? That 500,000 oz-a-year range is really a space advocated by the majors and something we see as making a full cycle company. That sort of quantum of annual production makes you big enough to be in the conversation as an acquisition target for the likes of Kinross, B2Gold, Oceana, et cetera. If the cycle remains robust and they're paying elevated multiples for growth, that's an exit opportunity for us down the road. Conversely, if the cycle retracts, things get tougher. It's a broad enough base that allows us to continue to grow, to acquire projects at a discount in the bottom of the cycle, and a small enough quantum of annual production at 100,000 oz a year is meaningful growth for us. We think it creates a full cycle company. This is our portfolio of producing mines and development assets that we picked up in two and then recently a third transaction. Our first transaction was acquiring the Ana Paula Project. This is something that we saw completely differently from the way it was presented to the market. One we've been able to rescope the project as a flagship development project that's really something special that I'll go through. Our second tranche of transactions was the rest of our Mexican portfolio that we picked up for a mere $5 million. Which included two producing mines that were on care and maintenance, both of which we managed to put back into production, and two other development projects. Just recently, we acquired Goldstrike in Utah, diversifying the asset portfolio into the United States, adding 1,000,000 oz in a Carlin-style gold system in the Great Basin that we see a lot of upside for, alongside antimony critical minerals potential. For $15 million total in Mexico, we got the two producing mines, La Colorada, which we put back into production within weeks of closing the acquisition by processing surface stockpiles. San Agustin mine, where we got the first new open-pit mine permit under the Sheinbaum administration in July of last year. We started production in December and started pouring first gold from new production in January. The idea is that those two assets will generate about $150 million of net free cash flow over the next two and a half years that'll fund the, call it, equity portion, internally generated equity portion of the Ana Paula project to financing. That will bring us to 200,000 oz a year at a $1,500 AISC, all-in sustaining cost corporately. If you look at any company that has that sort of profile, that's a three and a half billion dollar enterprise value versus our $500 million enterprise value right now. Following that, we'll bring the Cerro del Gallo project online and then Goldstrike to continue to grow our annual production. Our mines are located in Sonora and Durango, which is like saying Nevada and Arizona in the States, blue blood mining states with lots of good skilled laborers, mining suppliers, supplies, et cetera. Both mines located about an hour outside their respective state capitals. Our Ana Paula project is in the Guerrero Gold Belt, an area that's known for monster gold deposits, with the rest of our assets spread across Mexico and the U.S. This is really the slide that shows what we're trying to do in a nutshell. 33,000 oz of gold produced last year, on track to hit our guidance of 50,000 oz-55,000 oz this year. Step up from clipping additional low-hanging fruit opportunities next year, and then really the step change in 2028. This is when we'll bring Ana Paula online at 100,000 oz a year in the second half of 2028, and really grow into that steady state long mine life, sort of traditional junior producer profile. Following that, we'll bring Cerro del Gallo online, bringing us up to that 300,000 oz-a-year target by the end of the decade. Our Q1 results were recently released, producing just under 12,000 oz of gold at an all-in sustaining cost of just under $2,000 an ounce. Of the sub 100,000 oz-a-year producers, we have one of the lowest cost profiles. Really, our results showed that the strategy is working. Generating EPS, we're investing in the business in both exploration and growth opportunities, and alongside that, we're still increasing the cash on our balance sheet, growing towards that $150 million mark to fund Ana Paula within the next two years. Our guidance for 2026 is 50,000 oz- 55,000 oz of gold and 300,000 oz of silver at an all-in sustaining cost at just over $2,000 an ounce. Very robust margins in today's gold price environment. From a market cap perspective, we're trading about CAD 625 million. All of the numbers I'll quote will be U.S. We have 300 million shares outstanding, zero debt on the balance sheet, very clean cap structure and balance sheet. Our largest shareholder is Eric Sprott at 15%, with a number of long-only institutions rounding out the rest of that 53%. That pairs well with our float, trading about 1.2 million shares a day across both exchanges that Robert mentioned, and are increasing our profile across the street with National Bank of Canada having recently just picked up analyst coverage alongside other supporters. I won't go through everybody on the page here. Charles Funk, our President and CEO, he has a background as an exploration geologist. He's an Aussie fellow who started his career with Newcrest in Australia, on their exploration and BD teams, kicking tires on projects all over the world for them. Came to Canada about 10 years ago to be more entrepreneurial, with his big commercial success here being Vizsla Silver. He was the VP Ex that discovered the Panuco project for Vizsla that launched them into a multi-billion dollar company. Gregg Bush, our COO, a proven mine builder and operator, was the COO of Capstone Mining, the major copper producer in Mexico for 10 years. He's built mines, he's operated mines, he's operated mines that he's built. He's an industry veteran with lots of great experience. Someone I also point out, Ramon Dávila, on our board. He built First Majestic on the ground alongside Keith Neumeyer. He's worked in government, he's worked in permitting agency, he's worked in industry. He's very much one of these giants of the Mexican mining industry and was a great addition to our board about a year and a half ago. As all major mining companies, we try and be a good corporate citizen, alongside creating shareholder value with a real focus for us on water and education. We do operate mines in arid climates, so focus on access to clean water and being good stewards of the water we use, as well as investing in education to leave a lasting impact on the communities. Quite frankly, employment and procurement in Mexico take care of themselves. It's a wonderful place to be operating as a gold miner. Going through our asset, the La Colorada mine. We've got a series of staged profitable projects that'll generate significant cash flow over the next few years, to be able to fund Ana Paula. We put out a technical report in late last year showing very robust economics from this series of staged projects sequenced to minimize CapEx and maximize near-term cash flow. Last year, we were producing from surface stockpiles. You can see my cursor just below the Gran Central pit. That was mined as waste in the 1990s, but in a $3,000+ gold price environment, we made more than $25 million from that material. We've since moved on from that to an injection leaching phase, where we'll give the pad another rinse and produce about 10,000 oz-12,000 oz of gold from that, while we're doing the waste stripping at Veta Madre later this year. That'll unlock production for 2027, and then onwards to do the pit cutback at Creston, which gives us another four years of production. Really this stepwise increase in production as we work our way through the asset. We also see opportunities to increase the resource base, both from a larger pit cutback at Veta Madre, as well as investigating the underground potential from the high-grade mineralization that we know continues below all three pits. This is one of the most immature brownfields environments we've ever seen, and we're going to continue to explore to extend mine life at La Colorada while we execute our production plan here. San Agustin, we restarted late last year and started pouring gold early this year. Think of this as a short-term cash flow ATM for us. 14 months of mine life, at current spot gold prices, we'll generate about $60 million of net free cash flow over those 14 months. Now that we know we can monetize the asset successfully, we've executed a drill program to extend that mine life. We've now stepped out more than 200 m from the edge of the current reserve area, which gives us that 14-month mine life, and hit the exact same style of mineralization that we are currently mining in the corner reserve. Broad intervals of about 0.3 g- 0.4 g/ ton material starting near surface. We think we've already defined another year of production beyond the reserves here. That will give us approximately another $ 50 million of cash flow as we work through those reserve additions. Beyond that, we're continuing to execute our 18,000-m drill program to investigate other targets to further extend oxide heap leach mine life here. This is a picture of the pit showing us in progress as we mine it and continue to drill. With really it all culminating towards Ana Paula, this is really something special. Ana Paula's had more than $100 million invested into it by previous operators. We reimagined how to approach this project, focusing on the high-grade bulk tonnage underground core, and that's a rare combination to be able to say in the industry. You get economies of scale from the bulk mining, you get high margin from the high-grade material. You don't have to build a big mine to get a meaningful mine. 1,800 tons a day will give us 100,000 oz a year. All that really is what is able to support this $1,000/ oz all-in sustaining cost over that nine-year mine life at 100,000 oz a year we showed in a recent PEA. We're working to advance this as quickly as possible, to be able to bring these economics into the value proposition for shareholders and advance that quickly. We just executed an infill drill program focused on this half million ounces of inferred material, to be able to put that into a feasibility study that'll be out in Q2 next year. These results like 88 m of 16 g a ton, 125 m of 4 g a ton. It's a true bulk tonnage ore body. We're progressing this on three tracks. The first one supported by the drill program is the technical track, all the work that goes into a feasibility study, the met work, the advanced engineering, et cetera, resource updates. That will all come out in Q2 next year in the feasibility study. We're advancing the permitting track. This was permitted for an old open pit project the way it was envisioned. We're moving to underground, so asking for about a third of the disturbance and have allocated 10 months to have that modified permit returned to us. The third track is financing discussions. We'll have $150 million of our own cash to put towards the project alongside $150 million of project financing. We want to bring some groups inside the tent shortly to start having those discussions so they're able to write the check when we are ready to go at the end of Q2. Have that mine be built over 15-18 months and ramping up to 100,000 oz a year at the end of 2028. Beyond the infill drilling, we are doing down-dip drilling, showing the high grade continues at depth. Results like 100 m at 5.3 g a ton below the lowest reaches of the mine as it's currently designed, incremental mineralization. We're really excited about that because of who our neighbors are. Ana Paula geologically sits higher up in the column than our neighbors, Torex and Equinox Gold's Los Filos mine. These are 12,000,000 oz and 15,000,000 oz deposits and are geologically lower. As we chase Ana Paula down deeper, we expect to hit the same style of mineralization, a contact skarn that does produce these multimillion-ounce deposits that our neighbors are mining and have very robust valuations based off of. Stay tuned as we continue with the drill bit here. That would bring us to 200,000 oz a year corporately by the end of 2028, and then we'll add our Cerro del Gallo open pit heap leach project, that we put a PFS out on late last year, really showing where we can continue to expand the scope of this asset. 1,300,000 oz produced in that study is a subset of this almost 5,000,000 oz M&I base. Being able to show where we can expand and incorporate more of that material into a mine plan going forward, and that work's going on in the background, while we execute on that growth opportunity. Some very robust economics and something we think can get even larger from here. Goldstrike, a recently acquired asset in Utah. 1,000,000 oz of gold in a Carlin-style system in the Great Basin, shallowly drilled. We think there's lots of upside potential here to continue to chase this, both along strike and at depth. We're going to be stripping this project back down to its component parts on the gold side while we're doing exploration on the antimony target. Some high-grade grab samples around a past producing mine. Expect to hear more from that later this year. We will be busy across drilling and development and growth catalysts over the next little while, supported by our quarterly results showing that the strategy is working. We're generating cash while we're investing in the business, all culminating in that investment decision and go-forward construction build start at Ana Paula in mid-2027. All right. Well, thank you so much, Stephen, for the presentation there today. Greatly appreciate it. Thank you to everybody for watching. If there are any questions or would like to schedule a meeting with management here, please shoot me an email. That's Blum, B-L-U-M, @lythampartners.com. To learn more about Lytham, make sure you visit our website or stay connected with us on LinkedIn to be alerted on future webcast presentations such as the one here with Stephen. Again, Stephen, thanks so much for your time today. Greatly appreciate it. Thank you. All right. Thanks everyone. Enjoy the conference.