i-80 Gold Corp. (IAU) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and thank you for joining us for IAD Gold's 2025 Fourth Quarter and Full Year Results Conference Call and Webcast. Today's company presenters include Richard Young, President and Chief Executive Officer of IAD Gold, Paul Sharon, COO, and Ryan Snow, CFO. Before we continue, please note that today's comments may contain forward-looking statements, which involve risks and uncertainties. Actual results could differ materially. I ask everyone to refer to 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 the call to your questions. I will now hand the call over to Richard. Please go ahead. Well, thank you, Joanna, and hello, and thank you for joining today, starting with slide three. In 2025, we made significant progress advancing our development plan and recapitalizing the company's balance sheet towards our goal of creating a mid-tier gold producer. From an operating standpoint, we achieved our 2025 production guidance with consolidated gold output of just under 32,000 ounces that would have been at the higher end of the range had we not had to build up an inventory at the end of the quarter, and Ron and Paul will talk about that in a few minutes. Our production does continue to ramp up as Granite Creek ramps up. In parallel, we advance drilling, technical studies, and permitting across our portfolio of projects during the year. keeping us on track towards delivering on key project milestones in our development plan. Real results, particularly at Granite Creek, were highly encouraging and support our decision to expand the infill and resource expansion pro...