TRX Gold Corporation (TRX) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

You are now rejoining the main conference. Welcome, everyone. We will pause for a moment as participants make their way in from the lobby. Welcome to the TRX Gold Corporation fourth quarter 2025 results presentation. As a reminder, all participants are in a listen-only mode, and the meeting is being recorded. After the presentation, there will be an opportunity to ask questions. If you wish to ask a question, please click the Q&A icon on the left-hand side of the screen. You will see the options raise your hand to join the queue and ask your question verbally or write a question to submit your question in writing. When you are introduced, you may see a prompt on screen asking you to click continue. You'll be live in the call as soon as you do. Analysts who have dialed into the conference call may press star then 1 on your telephone keypad to join the question queue. I would now like to turn the conference over to Mr. Stephen Maloney, CEO. Please go ahead, sir. Yeah, thank you very much, and welcome everybody to the call this morning. Joining me today is our CFO, Mike Leonard. Mike. Good morning. Our COO is joining us from Melbourne this morning. So it's very early in his morning. Richard? Good morning, everybody. Excellent. So today we're going to go over our 2025 results. 2025 was a very transformative year for the company. A couple of the key highlights from my perspective are discovery of Stanford Bridge earlier in the year, having our best drill hole results ever on that part of the property. Then also the release of our preliminary economic assessment in April of this year, which laid out a blueprint for production growth and expansion at Buck Reef over the next 18 years of mine life. And that was great because that's just on the Buck Reef main zone. It doesn't ...