Lundin Gold Inc. (LUG) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and welcome to the Lundeen Gold's Q Month 2026 Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star 0 for the operator. This call is being recorded on Thursday, May 7, 2026. I would now like to turn the conference over to Jamie Beck, CEO. Please go ahead. Thank you, operator, and good morning, everyone. Thank you all for joining us today. I'm joined by Terry Smith, our Chief Operating Officer, and Chester See, our Chief Financial Officer. We're going to take you through our results for the first quarter of 2026. Please note Lending Gold's disclaimers on this slide. The discussion includes forward-looking information. Actual future results may differ from expected results for a variety of reasons described in the caution regarding forward-looking information and statements section of our press release. Lending Gold is a U.S. dollar reporting entity and all amounts in this presentation refer to U.S. dollars unless otherwise indicated. Q1 was a strong start to the year. At Fruity del Norte, we delivered solid operating performance, generated significant free cash flow, and continued to advance growth and expansion initiatives across the district. Importantly, this quarter reflects the front end of a back end weighted year, both operationally and in terms of grades. And we remain on track to deliver within our previous issued 2026 guidance. In the first quarter, we produced approximately 120,000 ounces of gold, selling just over 115,000 ounces. The mill processed nearly 497,000 tons at a record average throughput of 5,520 tons per day, reflecting continued...