Good afternoon, everyone. My name is Nathan Harte, the Chief Financial Officer of Avino Silver & Gold Mines, and I will be presenting our Clear Path to Transformational Growth. I will be making some forward-looking statements, but not as many as the geologist. I'm an accountant. So here's our project portfolio. We have three assets. One is in production, and two are in the development stage. We are located all in Durango, Mexico, within about a 20-kilometer radius of each other. The Avino Mine has been in production since 1968, both on and off for a number of years, and is currently operating at about 2.5 million-2.8 million ounces of silver equivalent, and that's on target for this year's guidance. Our next asset is La Preciosa, which is in the development phase. We bought this from Coeur Mining about three years ago for about $30 million-$35 million in consideration, which they had actually acquired 10 years prior to that for about $350 million. So we're taking that into production with the goal of reaching production next year, and we're just working on underground development right now, and it's a very low CapEx as we plan to truck the ore over to Avino and mill it at our current operating facility. Our third asset is the Oxide Tailings Project. We put out a PFS on this last year, about a $50 million CapEx. At current spot price, it returns about $160 million-$170 million in PV5, $10 All-In Sustaining Costs for the life of the mine, a very nice bolt-on project that's 50% silver and 50% gold. We have about 370 million ounces of silver equivalent in our resource base, with over 60% of that being silver, with La Preciosa being the focus of our current development story. Our huge catalysts for growth are basically going from one producing asset to three producing assets over the next four years. This is how we're going to do it. Right now, you can see the dark blue is the Avino Mine, fairly consistent over the next five years. The medium blue scale is La Preciosa, which you can see we will fold into this year in Q4, and then growing year- over- year. Then at the end, in 2028 and 2029, you can see that's when our Oxide Tailings Project is looking to come online. We're looking to grow to become an eight-million-ounce producer by 2029 and becoming Mexico's next intermediate producer. We're refocusing back to being purely precious metals with a focus on silver. By 2029, we expect to have 90% of our production coming from silver and gold, with, again, primary focus on silver. Not to say that there isn't a lot of copper upside at Avino, but our focus is silver and gold in Mexico. Some recent financial results. We've been quite profitable and seen a nice turnaround over the last number of quarters. Obviously, the silver price has helped, and that'll continue into the third quarter. We generated free cash flow of $4.5 million. That's inclusive of all the development costs at La Preciosa and Avino, and our all-in costs are kind of sitting right around that $20-$21 range, which at current prices, again, is very profitable. And then in the midterm to long term, we're looking to bring those down with adding additional mines and additional ounces. One of the big things we've worked on over the last 12 months is really strengthening our balance sheet. At the end of the second quarter, we had $37 million in cash and over $40 million in working capital. As of today, it's closer to $50 million, and that's after some recent transactions where we actually repurchased a royalty on La Preciosa just a few weeks ago. We are also debt-free other than operating leases, so fairly unlevered, and lots of room to grow. So, as I mentioned at the top, we've got the Avino. Avino acquired the outstanding royalties on La Preciosa. There was a 1.25% and a 2% NSR and GVR, respectively, that covered the majority of the property. So we've returned that back into existing stakeholders and shareholders and returning that value back to the Avino team. And we think that'll help us lower operating costs moving forward, as well as just cleaning up the Avino story. At Avino, we continue to operate at a very high throughput. We've had very good mill availability over the last number of quarters, and that continued to increase in the second quarter. And our operations team continues to deliver on costs. We're one of the lowest-cost operating underground producers. We operate about $50-$55 cost per ton, which is fairly low in our industry, and we're looking to continue that story. And La Preciosa, there's been a little bit of excitement. A couple of weeks ago, we put out some fantastic drill holes, almost 10 m of 1,600 g of silver. Within that, there was about 15 kg over 0.37 m, and that's all true width. So the unique advantage that we offer by buying La Preciosa from Coeur Mining a few years ago is that it's only 19 km away, and we don't have to build a mill and get it permitted over at La Preciosa and deposit tailings over there. We can actually truck it over to Avino at our fully permitted 2,600-ton-per-day operating mill and just fold that right in with our Avino operation and increase our production by higher silver grades. As you can see, this property has been de-risked significantly. There's been over 1,500 drill holes. Past operators include Coeur, Orko Silver, and actually Pan American over the years, and almost $90 million has been spent on this, de-risking the whole project. Coeur previously did have an open-pit feasibility study on this back in 2014. This is a slide we love. You can see all the red in there is above 500 g. We are focused on the Gloria and Abundancia veins off to the one side over there, as well as where they meet the Martha vein. You can see a lot of high-grade hits, close to half a kilo of silver, which is considerably higher than the resource grade, which averages about 200 grams of silver equivalent. How we're going to mine it? Initially, it's going to be a decline ramp. You can see it in the green coming in to where the Gloria and Abundancia veins intersect. We've completed that development ramp already, and both veins have now been intersected, and we are ramping down with the goal to start production mining late this year and into next quarter or next year. And eventually, we will tunnel over to Martha, which is a bit more flat-lying but offers a lot more tonnage and a lot more width, and then we'll be able to source ore from three separate areas and truck it over to the Avino mill. Again, just highlighting the recent drill results: 1,600 g and 2 g gold over 7.9 m of [true width. And then we did have another hole in there as well that was 6.4 m of about 600 g of silver hitting the Gloria vein. New equipment arriving at La Preciosa. This is a big milestone for our team. Obviously, when we opened the Avino Mine and the San Gonzalo Mine, we started with old existing refurbished equipment, so now our team is using the latest and greatest from both Sandvik and Caterpillar. Some other shots here. As you can see, blasting is well underway with a lot of screening going on and ground support being put in, and then this was the first blast about six months ago at La Preciosa, where we were able to start development after receiving all the permits from the Mexican government. Our third asset is the Oxide Tailings Project, so a bit of a timeline there. We did a PEA back in 2017, continued, with general production at the Avino Mine for a few years. We couldn't move that project forward because it was continued to be an active tailings dam, then the COVID shutdown happened. We kept the mine closed for a little while and were able to complete some recommended drilling to get it kind of to that PFS level where we wanted to be and drill off a whole bunch of areas that were recommended in the PEA. So we put that out in 2024, and some of the results here you can see. So at 23.45 silver and 1,840 gold, which was when this was released, even still the economics were fairly decent: $61 million NPV5 and a 26% post-tax IRR paid itself back in three and a half years. All those metrics are basically doubled, essentially. NPV is now about $160 million-170 million, and the post-tax IRR is over 50%. Our global resource combined between M&I and Inferred is about 370 million ounces of silver equivalent. You can see highlighted in yellow is the tonnage. It's over 75 million metric tons. Our current mill facility is about 800,000 tons per year of capacity, so it's close to a century of potential processing capacity, so we're looking at expansion scenarios as well, too, and looking at how we can bring some of that forward. CSR initiatives. Obviously, CSR is very important to us and how we operate in our communities. We've been there for 57 years, and I think we would have gotten kicked out a long time ago if we weren't doing things the right way. But we do follow the United Nations SDGs, and we're committed to that framework for our sustainability program. Some of the milestones that we've achieved this year and are looking forward to kind of delivering on into next year. Obviously, La Preciosa development and obtaining permits. We are one of few to obtain permits in Mexico in 2025 or even in recent years. Obviously, it's underground permits, but it does signify that Mexico is open for business, and we've continued drilling at La Preciosa as well as at Avino. We've got three drills turning on the property with La Preciosa focused on confirmation and confirming a lot of the holes that were done by Coeur and seeing how they fold into our mine plan compared to the resource grade, and then at Avino, we've got two drills going, one continuing to chase the bottom of the mine, we're down 800 meters at depth, and we still haven't found the bottom, and to put that into perspective, right now, the lowest developed level of the mine is about 375 meters, and of course, at the corporate level, we've seen a lot of index inclusion. We've been picked up in a lot of the silver indexes, the S&P/TSX Global Mining Index, and obviously, there's some GDX announcements coming soon that we're hoping to be part of, but we'll have to stay tuned for that one. Analyst coverage, mostly out of the U.S. You can obtain the target prices after if you want. But yes, we have got four major banks that cover us and a lot of newsletters. Everyone on that list has been to site and has kicked the tires of the operation. Cap structure. So when this was delivered, obviously, our market cap was a little higher. It's been a couple of tougher days for everyone in the sector. But we have about 150 million shares outstanding, 161 fully diluted, no warrants. We trade about 5 million shares a day in the NYSE American and anywhere from 500,000-1,000,000 shares in Canada on the TSX. Our institutional ownership has picked up, obviously, with the change in valuation as well as ETF ownership. Insiders own about 5% or 6%, and that has remained fairly constant. And if anything, insiders have been increasing their position along the way. You can see some major shareholders off to the side. Again, Avino Management collectively is the largest shareholder. So key takeaways. We are a primary silver producer and explorer, I guess, and developer in Mexico. We have a strategic growth plan to go to triple production, essentially, over the next four years into 2029. We're looking to be Mexico's next intermediate silver producer. Again, key focus on silver and gold in Mexico. We've revamped our balance sheet both through cash flow generation as well as a number of other things we've had in the works. We have $40 million in the bank, and we're debt-free. It's one of the cleanest balance sheets out there, and we've been around for 57 years. Again, the story has changed, but now we've got a nice organic growth story that we're looking on to deliver for shareholders over the next coming years, and I think that's it. I got a couple of minutes left for questions. Yeah, any questions? So, you're producing mine. Do you export the concentrates, or do you sell them locally, like for Trafigura or one of those? We do sell, actually. I wouldn't say primarily exclusively, but we sell quite a bit to Samsung C&T, actually. We've got a good partnership with them where they gave us $10 million to expand our mill about 10 years ago, and so we're continuing to sell with them, but we do also sell to others in the area. Okay. And recently, you got some permits from Mexico, right? Yeah. Congratulations, because that's amazing, actually, so congrats for that. Thank you. Yeah, a bit of a big deal. In Q1 2025, we got underground mining permits. I think us and two others got some underground permits. Again, unfortunately, no open pits. But yeah, we were able to get mining and explosive permits within about a 12-month turnaround as well, too. So we're pretty thrilled with how that worked out. That's amazing. Thanks. Thank you. Any further questions? Thanks. Scale is very important. And as you ramp up these next three mines, are you looking at M&A and also are you looking to stay being a pure Mexican producer? Million-dollar question. We like Mexico. I guess I'll start with that one, and we especially like Durango. It's one of the safest jurisdictions, not just within Mexico, but we think even around the world, so we do, yeah. I guess to double down, I would say we're doubling down on Mexico. We like it a lot, especially in Durango. We have seen other opportunities out there. I can't say that that's our focus right now. I don't want to say we have blinders on and we're focused, but we're pretty well focused on what we have, but again, if there's a good project out there, we'd be foolish to not look at it. Any others? Quick ones? \ All right. Thanks, Nathan. Thank you.