Hello, and thank you for joining us for i-80 Gold's 2025 third quarter conference call and webcast. Today's company presenters include Richard Young, President and Chief Executive Officer of i-80 Gold, Paul Chawrun, COO, and Ryan Snow, CFO. Before we continue, please note that some of today's comments may contain forward-looking statements, which involve risks and uncertainties. Actual results could differ materially. I ask everyone to view Slide two of the presentation, which is available on i-80 Gold's website, to view the cautionary notes regarding the forward-looking statements made on this call and the risk factors related to these statements. Following today's formal presentation, we will open up the call to your questions. I will now hand the call over to Richard. Ludi, thank you very much, and hello everyone, and thank you for joining us today. Looking at Slide three, the third quarter marked another solid quarter of execution, with visible progress toward the key milestones within our development plan that we launched one year ago today. We continue to advance towards our goal of creating a Nevada-focused mid-tier gold producer. At Granite Creek Underground, project ramp-up continues. Mine grades and tonnages continue to reconcile well against the model, and groundwater is being managed with greater control thanks to the newly improved infrastructure installed in Q3, while we make progress on a permanent disposal solution, which is on track for the end of Q1 2026. As a result, we expect to meet our 2025 consolidated guidance of 30,000-40,000 ounces of gold. Importantly, gross profit continues to improve as we stabilize Granite Creek, moving from a loss a year ago to a small profit. Still a long way to go. On the development front, in September, construction commenced at Archimedes, as planned, which is an important milestone marking the start of our second underground mine. Startup activities and decline development are tracking very well. The Lone Tree plant refurbishment study is substantially complete. At the same time, drilling programs, technical studies, and permitting activities also progressed across the portfolio during the quarter, keeping us on track towards our key project milestones. The prize here is to realize the net asset valuation of the five gold projects as outlined in the most recent PAs, which indicate a total valuation of approximately $5 billion under a $3,000 gold price scenario. Looking at Slide four, I believe that a company's success depends on its people and culture. In this quarter, we continue to strengthen both. Beyond geology, Nevada's skilled workforce is a key reason it remains one of the best mining jurisdictions in the world. We've hired quality talent over the past three months in key roles from engineering, geology, construction management, to permitting and community engagement that will help drive project execution from the ground up. With our focus on long-term value creation, we continued with steps to further mature as a company. During the quarter, we advanced an initiative to refresh our mission, vision, and values, and establish a sustainability strategy with one of the leading sustainability firms in the field, based on our new development plan. In addition, we're in the process of expanding our focus on performance-based culture across the organization. All of these initiatives will be rolled out shortly, and they are very important as we look to attract and retain the best people in Nevada to execute on our development plan. As i-80 grows, we're building a company that reflects not only operational excellence but the values that we stand for. We also continue to evaluate ways to accelerate value creation, such as the potential to bring forward a pre-feas or feasibility study on Mineral Point, our most valuable asset, to enable earlier permitting. That leads me to the recapitalization plan. We're engaged with a number of groups and remain confident that we'll secure a financing package by mid-2026 to support phase I and phase II of our development plan, as well as the engineering and permitting efforts required for phase III, which is Mineral Point. I'll now turn the call over to Paul to expand on the project updates. Paul? Thank you, and hello, everybody. Turning to Slide five, operations at Granite Creek and Archimedes have made good advances over the quarter. There are many moving parts across the portfolio, but we continue to execute and de-risk the plan with the necessary work underway. At Granite Creek Underground, mining activities continue to ramp up during the quarter with increased access to mineralized material from ongoing stope development, assisted by improvements to the dewatering infrastructure installed during the quarter. September was a particularly strong month for advancement of the main decline, with record monthly development. Total mined ounces and tons continue to reconcile well on a level-by-level basis when compared to the current geological model. As we continue to ramp up operations, we continue to increase the drill density to improve ore control and the overall mining productivity. In the quarter, we mined approximately 15,000 tons of oxide mineralized material at a grade of about 9.8 g per ton of gold. Note, we continue to encounter higher-than-anticipated high-grade oxide material at depth. We also mined approximately 20,000 tons of sulfide material at a grade of about 10.7 grams per ton, plus an additional 15,000 tons of incremental low-grade oxide material of just under 3 g per ton of gold. Gold sold totaled 7,400 ounces and 16,400 ounces for the quarter and nine-month period, respectively. The stockpile of sulfide material, which is processed by a third-party autoclave, was normalized by quarter-end. Regarding the dewatering program, we've made significant progress and are now able to remove this from the underground workings as needed. A more reliable pumping system was commissioned during the quarter, enhancing operational efficiency and enabling more effective water management in the active mining areas. Of the two additional surface groundwater wells planned, one is now complete, and we are currently drilling the second. To support long-term groundwater management and future operating stability, installation of a second, larger water treatment plant remains on track for completion at approximately the end of the first quarter of 2026. This plant is designed to enable the ultimate discharge of water to prevent it from re-entering into the underground workings. At Lone Tree and Ruby Hill, we continue recovering gold from the existing leach pads, with a total of approximately 2,000 ounces recovered and sold in the third quarter. Moving to Slide six, drilling of the South Pacific Zone continues to progress well at Granite Creek Underground. Just under 10,000 m of core drilling was completed by the end of the quarter from 20 of the 40 planned holes. As of today, we have completed 35 holes but have added an additional 7 holes to the program. As outlined in a press release in September, initial assay results from the first six holes confirm robust high-grade mineralization throughout the South Pacific Zone, with several strong intercepts that confirm continuity and the potential for expansion to the north and at depth. The deepest and furthest step-out hole intersected primary fault structures where expected and returned standout grades, including 33.6 g per ton over 2.9 m and 29.7 g per ton over 3.6 m. Overall, this intercept was over 21 m at just over 10 g per ton. A summary of the assay results is outlined in the September 10th press release available on our website. Encouraged by these results, drilling advanced beyond the current structural boundary, opening a new untested area to potentially expand the known mineralized areas. The program remains on track for completion in December of this year, supporting a feasibility study with an updated mine plan targeted for completion late in the first quarter of 2026. Overall, we're very excited with the turnaround progress and longer-term potential at Granite Creek. Turning to Slide seven, things are off to a great start at Archimedes Underground. In early September, we received permits to mine the upper level above the 5,100-foot elevation to initiate construction. Underground development is advancing above expectations, reaching approximately 300 ft at the end of the third quarter and over 1,000 ft of drift advance as of early November. Work is underway on the geochemistry and hydrogeological technical studies required to secure permits below the 5,100-foot elevation. Beyond permitting and development, infill drilling commenced in the upper 426 zone the first week of November as planned. Initiation of drilling in the lower Ruby Deep zone is scheduled for the second quarter of 2026. In total, the program comprises over 175 holes and 55,000 m of core, forming the basis of a feasibility study targeted for the first quarter of 2027. Next, let's turn to Slide eight to discuss the progress at the remaining projects. At Cove, over 40,000 m of infill drilling was completed on a 30 m spacing across the Gap and Helen zones. The results of this work delivered meaningful advances for the Cove project, which significantly strengthened our geological understanding to improve confidence in continuity and grade, improved understanding of the metallurgical response to optimize feed and gold recovery in the autoclave, and positions Cove for a strong resource conversion from inferred resources to higher confidence categories. The feasibility study is progressing as planned, with completion expected in the first quarter of 2026. Major permit applications are also underway in anticipation of an EIS process. Moving to Slide nine, at Mineral Point, engineering work continues to progress to support permitting and define the timing of a pre-feasibility or feasibility level study. Given the project's strong economics and potential valuation uplift, a review of the completed technical work is underway to assess opportunities to accelerate drilling and the timing of studies subject to available capital. Moving to Slide 10, at Granite Creek Open Pit, the technical baseline work to advance the project towards pre-feasibility or feasibility study continues. An initial project narrative was provided to the regulatory authorities in the quarter to initiate field studies, and we anticipate an EIS process will be required. Geotechnical drilling and other field studies have been deferred into next year due to ongoing updates to the Granite Creek Underground operating permits, which are a priority. As a result, we are currently reviewing new timing for study completion with a lens to optimize future growth plans. Granite Creek Open Pit remains a phase II opportunity with the potential to contribute to company-wide production towards the end of the decade. Turning to Slide 11 for an update on the refurbishment of our Lone Tree plant. Early works progress is on track, and the updated Class 3 engineering study is substantially complete. The study updates an internal feasibility study that was completed in 2023 with design optimization and value engineering initiatives, includes a filtered tail system, updates cost estimates with significant detail as there are approximately 14,000 lines for the project controls, and a detailed execution plan completed jointly with our owners' team leadership. Overall, the results are largely in line with our expectations, and once finalized, we expect to share these results in the coming weeks. In the meantime, the board approved a limited notice to proceed in the third quarter, allowing detailed engineering to begin and enabled the procurement of long-lead equipment, which is progressing this quarter. The plant is permitted for the existing operational components in use. However, new and revised operating permits will be needed, updating for the air, water, a new mercury abatement system, and revised closure plan that incorporates dry stack tails. The necessary environmental permit applications are underway for the initiation of construction. A construction decision is anticipated in the second quarter of 2026, and a plant commissioning is targeting in the first gold pour for the end of 2027. Restarting the Lone Tree autoclave is a cornerstone investment for the company, providing increased processing capacity and higher anticipated margins for the high-grade material feed from our underground operations. With that, I'll now pass it over to Ryan for a financial overview. Thank you, Paul. Starting my review with Slide 12, third quarter gold sales nearly doubled over the prior year period to approximately 9,400 ounces. In addition, the company had approximately 3,400 ounces of gold in finished goods inventory at quarter-end due to the timing of sales. Total revenue from gold sales increased to approximately $32 million for the quarter, driven by higher ounces sold and a higher average realized gold price of $3,412 per ounce. Cost of sales for the quarter rose over the comparative prior year period, mainly due to higher processing fees from increased toll milling of sulfide material. As Richard highlighted, we have seen a swing in our year-to-date gross profit from a loss in 2024 to a gain in 2025, a roughly $24 million increase. Q3 marks our fourth consecutive quarter of gross profit. For the quarter, the company reported a net loss of approximately $42 million or $0.05 per share, which is similar to the prior year period. This net loss reflects the development stage of the company and our current period of strategic investment. Also, under U.S. GAAP, which we transitioned to last year, pre-development, evaluation, and exploration costs are expensed until we declare mineral reserves. Cash used in operating activities of approximately $15 million compared to about $24 million in the prior year as a result of higher gross profit and a higher working capital, partially offset by increased pre-development, evaluation, and exploration costs that were expensed. We closed the quarter with a cash balance of approximately $103 million, a decrease from the previous quarter due to development spending and continued investment in drilling programs to support our technical studies and development plan. This balance is in line with expectations in our recapitalization plan. Moving to Slide 13, we're actively moving our recapitalization strategy forward. During the first half of the year, we secured sufficient capital to fund just over $90 million in construction activities, drilling, permitting, and technical studies across all five gold projects, as well as the Lone Tree plant from May 2025 through mid-2026. We continue to execute a strategy that is focused on funding Phase I and phase II of our development plan, which could include a new senior debt facility in the range of $350 million-$400 million, a royalty sale, and the potential sale of our non-core FAD project. The positive response from lenders and capital providers to date reinforces the strength of our assets and the significant value creation opportunities we see ahead for i-80 Gold. With that, I will now turn the call back to Richard. Thank you, Ryan. Looking at Slide 14, you'll see a number of catalysts on the horizon. We're entering a transformational period with a clear line of sight to major milestones over the next 12- 18 months. During this time, we expect to complete the recapitalization to fund phase I and phase II of our development plan, complete the engineering study for the Lone Tree plant, and commence the refurbishment, achieve steady-state production at our first mine, commence production at our second mine, Archimedes, and ramp up, and lastly, complete feasibility studies for our three underground mines, as well as the Granite Creek Open Pit and possibly Mineral Point. These efforts will run in parallel with permitting and ongoing drill programs. From a valuation perspective, i-80 Gold continues to trade at a deep discount to comparable developers despite a significant resource base with a growth profile that few can match, all within one of the world's best mining jurisdictions. At today's valuation, we think the market is only beginning to recognize the potential. That concludes my remarks. We'll now turn it over to Q&A. Ludi, please, can you open the line for questions? Thank you very much. Thank you. Ladies and gentlemen, we will now begin the question-and-answer session. To ask a question, you may press the star followed by the number one on your telephone keypad. If you're using a speakerphone, please pick up your handset before pressing the keys. To withdraw your question, please press the star followed by the number two. With that, our first question comes from the line of Omeet Singh with SCP Retail. Please go ahead. Hi everyone. First of all, thanks for the update on the quarter and congrats. I had two questions around Granite Creek specifically. The first was, where are you mining now and when do you expect to be mining from some of the longer levels in the South Pacific Zone? Maybe the follow-on to that would be, it seems like you continue to be finding oxides even as you go deeper. What is your thinking around that? Do you expect that to be, say, impacting plans for the autoclave at all? Yeah, these are great questions. First off, we're mostly in what's called the OG Zone now. We have started the upper zone to South Pacific. Next year, we're probably around 60%, 60-40 South Pacific and then 40% on the OG Zone. As time goes on, we'll be more and more on the South Pacific Zone in the longer-term plans. Regarding the oxidation, it's primarily in the OG Zone. There's a little bit of oxidation in the South Pacific. Fundamentally, what's happening is you get the surface water, the meteoric water, and then it can oxidize some of the sulfide into oxide ore. Longer-term, that represents an opportunity for us, as you point out, in the autoclave. For the moment, we're feeding that off to our third-party processors. We get slightly lower margins depending on the grade as the sulfide. That is where we are at. Would we stockpile? I think your question was, would we stockpile this ahead of our autoclave? Perhaps. That is something we are evaluating. Can you talk about the steps you're taking to put the oxide through the Lone Tree plant? Yes. The autoclave can be bypassed with oxide ore. We are evaluating, once we get close to commissioning of that plant, the potential for us to feed that through. Appreciate it. Thank you for the answers. I'll switch off the line. Thank you. If you would like to ask a question, simply press the star one on your telephone keypad. The next question comes from Don DeMarco with National Bank. Please go ahead. Thank you, Operator. Good morning, Richard and team. Thank you for taking my question. Looking at the recapitalization plan, you have a number of different options to increase liquidity. One of them is the potential disposition of the non-core FAD asset. We saw recently that the research, the high-grade resource that was published. In light of this resource, are you reconsidering maybe not divesting this asset? Has your expectations in the event of monetizing it, has your expectations increased? Don, that's a great question. We've always been aware that it's a high-grade resource. Unfortunately, when we look at the development plan, we will not be able to get to that until probably the end of the 2030s, early 2040s. If there is an opportunity where we can get fair value for it, we will look at it as part of the recapitalization. If we do not get a fair price, we paid $88 million for it two years ago in shares. It is a high-grade resource, both the polymetallic and the oxide at surface. We are considerate, but we are evaluating all of our options with respect to the recapitalization. That is one potential source of capital that minimizes dilution for shareholders. Excellent. Okay. Thank you for that. Then looking at the Lone Tree autoclave engineering studies pending release later this quarter, of course, we're looking forward to a decision in Q2. I guess for the sake of our modeling, how should we think about CapEx for the refurbishment and also for Archimedes' development in 2026? Looking at the autoclave refurbishment of $400 million, to use a round number, we believe that roughly $175 million will be spent in 2026 and the balance in 2027. With respect to Archimedes, we would expect the development to be roughly about $40 million in line with the PEA. There will be some ongoing development. The way we see Archimedes today, Don, is very much in line with the PEA in terms of the spend. While we did commence construction later than as disclosed in the PEA, the team does appear to be making up that ground. Yeah. Yeah. In fact, we may spend a little more in 2027 because we're advancing the development quicker. For your model, I would use the PEA numbers. Even though we started a bit later, we're more or less on track. Okay. Thank you very much for that. That's all for me. Good luck with the rest of the quarter. Thank you. Thanks, Don. I'm showing no further questions at this time. I would like to turn it back to Richard Young for closing remarks. I would like to thank everyone. I know it is a busy morning for conference calls, but as we close out the quarter, it was another solid quarter for us. A year ago, we announced the development plan, and we have made great progress over the last 12 months. We are very confident that we can execute on this plan, which will require the recapitalization, which is well underway. We do believe that as we move into 2026 and 2027, we will be able to unlock the value of this significant resource base. Thank you, everyone, for your time. If you have further questions as you digest the materials that we published yesterday, please give us a call. Thank you. Thank you, presenters and ladies and gentlemen. This concludes today's conference call. Thank you all for joining me now.