i-80 Gold Corp. (IAU) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, and thank you for joining us for IAD Gold's 2025 Third Quarter Conference Call and Webcast. Today's company presenters include Richard Young, President and Chief Executive Officer of IAD Gold, Paul Chowran, COO, and Ryan Snow, CFO. Before we continue, please note that some of today's comments may contain foreign-looking statements, which involve risks and uncertainties. Actual results go deeper materially. I ask everyone to view slide two of the presentation, which is available on IAD 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 goal 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 to 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 commenc...