i-80 Gold Corporation (NYSE:IAUX) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET

Company Participants

Matt Gollat - Executive Vice President

Ryan Snow - Chief Financial Officer

Ewan Downie - Chief Executive Officer

Conference Call Participants

Operator

Good morning. My name is Ina [ph] and I will be your conference operator today. At this time, I would like to welcome everyone to the i-80 Gold Corp. Third Quarter 2023 Financial and Operational Results Conference Call. [Operator Instructions] Thank you.

Mr. Gollat, you may begin your conference.

Matt Gollat

Thanks, Ina and welcome, everybody and thank you for joining us for our quarterly conference call this morning. We're pretty excited to talk to you about the past quarter and the past year, about all the things we've accomplished in our plans going forward. So I'm Matt Gollat on Slide 2. I'm Matt Gollat, I'm the Executive Vice President. With me on the call is Ewan Downie, CEO and Matt Gili, President and Chief Operating Officer; as well as Ryan Snow, Chief Financial Officer.

Moving on to Slide 3 is our disclaimer page. We will be making forward-looking statements, so I encourage everybody to take some time to read this slide and understand it as several things, we making are certainly forward-looking.

With that, I'm going to turn it over to Slide 4 and Ryan Snow will take us through the financial results. Thanks.

Ryan Snow

Thanks, Matt. Good morning, all. The company reported our financial statements and MD&A for the third quarter and first 9 months of 2023 yesterday after market. They can be found on SEDAR, EDGAR and our website.

On Slide 4 of the presentation, we provide a graph of our production and sales by quarter for the year. This production is from the residual leaching activities at both Ruby Hill and Lone Tree and the oxide material on leach from Granite Creek that we have produced and sold. The third quarter production was 4,585 ounces and year-to-date production was 11,263 ounces. In addition to the gold ounces sold, the company sold 1,659 tonnes of mineralized material under the ore purchase agreement in the third quarter, bringing the year-to-date total to 22,710 tonnes of mineralized materials sold. Note that the 10,000 tonne parcel under the sulphide toll milling agreement has been ships in Nevada Gold Mines and we expect to finalize the results of the test parcel and to commence regular sulphide shipments to NGM in the fourth quarter, leading to a significant increase in our gold production and sales.