IMPACT Silver Corp. (IPT) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen. Welcome to Impact Silver's Q2 2026 period ending June 30th, 2026 Financial and Production Results Conference Call. Before we begin, we would like to go over our disclosure statements, followed by Mr. Fred Davidson's comments on the quarterly results and the Q&A period. Certain statements in the following conference call regarding Impact Silver's core business operations may constitute four looking statements. Such statements are not historical facts, but are predictions about the future, which inherently involves risk, uncertainties, and could cause actual results to differ materially from those contained in the forelooking statements. I would like to now turn it over to Fred Davidson, President and CEO of Impact Silver. Thanks, Jerry. I've got to admit, it's always great to have a quarter like this and a first half like this, in fact. So it's been a good year for a good year so far. Starting off with some of the numbers, it's revenue for the second quarter was and the rest of the world. and the gross profit for the six months was $29 million compared to $3 million in the year before. So overall, there's a heck of a way to start off the new year. Obviously, the things that are impacting it are the price of metals are obviously dramatically up. As well, we had significant improvement in grades over the quarter and the year for the year to date. The average grade... For instance, June 30th, 2025, for the quarter, was 158 grams a ton. We averaged over 200 grams per ton in this quarter. And year-to-date, we've averaged 229 grams a ton compared to 158 grams a ton. Obviously, grade is important and we can thank the Kenner for it. We advertised that a while ago. I don't think people truly appreciated that it was significant and is as signific...