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Mining gold. We're making a few forward looking statements here as we go through. first mining is advancing two of the 10 largest undeveloped gold projects in Canada. Our Spring Pool gold project located in Ontario about 100 kilometers from Red Lake. One of the next large projects in Canada to get its environmental assessment approvals submitting our final E A on that project next month, which you're very excited about and our Darque project in the middle of the Abitibi Gold Belt in Quebec, we'll talk a bit more about each of those. First mining as some of you might remember started life as a mineral bank founded by Keith Newmeyer, who I think is actually presenting a couple of rooms down in 2015. So Keith and the, and the team at the time acquired about eight projects in 12 months. And really gave us this portfolio of assets that we've been moving forward really since 2019, when I joined here, so important to note and something we're actually pretty proud of ourselves. We have actually generated $60 million of cash that we have put into our projects by working this portfolio over the last four years. So we've brought partners in on projects, we've taken back shares, we created royalties. We've sold those royalties. A lot of those Corp dev moves have really helped us advance these projects significantly and try and minimize the dilution. And that's an important part when people see our shares outstanding as knocking on the door of a billion shares outstanding. I do like to remind people it was 600 million shares when I got here. And I think when you actually benchmark first mining against a number of other developers, rein reminder that we don't have cash or cash flow. We've been able to advance these two major scale projects. And since 2019, our share counts up about 90% and our resources have increased by 40% plus, particularly with our acquisition of Darque. So we're pretty proud of that fact. As you can see here, current market cap about about 100 and 40 million Canadian today, about 10 million cash and marketable securities and lots of value in the remainder of that portfolio that's there. So we still have 30% of the Pickle Crow Gold project in, in Ontario, one of the largest high grade gold projects in the country about just shy of 3 million ounces at 8 g. We still own 20% of hope Brook and Newfoundland, which is a very interesting deposit. Our partner Big Ridge Gold is moving forward. So there is real value in the rest of this portfolio. We're very excited to, you know, to continue to see that unlock. And I think we're actually in a gold price environment that gives us some flexibility to do that. Now. So don't need to tell people in this room, you're all here because you're interested in the gold market. But I've been financing mining companies since the early 19 nineties and don't think I've ever seen a disconnect as strong as we have it now between the valuation of producers and the valuation of developers. And we've seen obviously the last couple of years, the gold price is hitting all time highs and continues to, we've started to see the producers realizing, you know, some share, significant share price increases. But the developers have continued to lag for a whole variety of reasons. You know, we've come through an inflationary period. Developers are by definition kind of long Capex. So you can understand some of this, this move. But, you know, when I started in 2019, particularly with Spring Pool, we always said the, the plan is to have this project ready for when the industry needs it the most. And I'll tell you right now this time is upon us, right? We all kind of wring our hands a little bit about how, you know, we've been seeing M and A activity in Canada, we haven't been seeing M and a activity across the sector. Here's the reality. If you go back and look at almost every 5 million ounce gold project in Canada, that's received its environmental assessment approvals. They've been purchased largely preconstruction for $500 million or more. And that's it. Gold price environments significantly lower than where we are today. So, you know, I think if you look, think back five years ago, there was a real glut's not the right word, but there was an ample supply of projects. We've seen those projects consistently taken off the table over the last five years by developers who are looking to, you know, replace ounces on their balance sheet. Every one of these projects that gets bought is another project that's not there for every other gold producer that needs to address what are declining reserves and resources. So I think for us importantly, you know, you think back years ago, we we love showing this chart because five years ago, there were five, there were seven large scale production, gold production or gold projects being put into production in Canada. They're now almost all built or at least started into construction, most of them finished. And if you fast forward to where we are right now, you are a, a corporate that wants to develop a gold project in Canada, we've already shown those are the strategic assets in the industry. Really, this is what you have left. We have two of the top 10. and with Spring Pole, I think really one of the next to get its environmental assessment approval. So we'll talk a bit about where we are in that process, but it's important to understand right now. Like there's really hardly anyone behind us in this process, particularly the Federal E A process in Canada. And that's important. You don't just sneak into that process. You don't shortcut that process. And we know because we've been in that process since 2018. So, you know, we've done, been doing the hard yards. What does that mean for us sitting today in first mining with our two main projects at a $1600 gold price on Spring Pool and at an $1800 gold price in our study at Darque from last year, we're showing about $2 of NAV per share trading today at 15 cents. I never thought I'd be so happy to see 15 cent share price. But remarkable if you look at this with anything, you know, close to a spot. Gold price, there is in excess of $5 of net asset value per share in advanced stage gold projects in tier one jurisdictions and we're trading still at, you know, 14 cents. So where's the leverage in this opportunity? It's really threefold. First of all it's your entry price. Historically projects like ours, when you get environmental assessment approval, would tend to trade at a 0.3 to a 0.5 times net asset value typically at the higher end of that range. Well, you can see here got a, you know, at spot prices, $5 plus N A per share. So that's number one is just your leverage, reversion to the mean and valuation by virtue of the low entry price leverage. Number two is what these big projects give investors every $100 in the gold price is $250 million. Us after tax nav on our projects and these are well advanced projects. you know, Spring Pool is about 90% done a feasibility study. Darque was taken to pref feasibility study in 2014. You know, these projects have combined almost 500,000 m of drilling in them right now, very well understood geologically. And you're still looking at very, very attractive valuation levels in which to get in. But the important thing is the leverage that you get here. So we think significant value. The third, the third opportunity for leverage is leverage to further resource growth. And we'll talk a bit about that at Spring Pool and Darque, because both of these, we have real bona fide district scale exploration potential around them that our team is starting to unlock. So I'll just talk a little bit about Spring Pool. This gives you the location. It's about 100 kilometers east of Red Lake Ontario. What is unique about Spring Pool is really the size and productive capacity. This is one of very few projects that can produce more than 300,000 ounces a year. And that makes it a pretty unique strategic asset in in the scope of all of those other projects that we were looking at of scale in Canada. Our pref feasibility study was done in 2021 showed a very robust project. We know there's been capital and operating cost inflation. obviously in between those time frames, but still think that there is a large and robust project you can build here for less than a billion dollars us. It's a fantastic jurisdiction, obviously been mining in Red Lake since the 19 thirties. Most of the area around the project is commercial forest. You know, a good place to be continuing to develop projects and we're working with four first nations and the main nation of Ontario as we go through our process to move towards securing community consent for the project. great infrastructure in the place. We've actually got a brand new 230 KV power line that goes within 100 kilometers of the project. We're well advanced on securing power for the project which these days is becoming a lot more complicated than it used to be in Canada, so I won't dwell on the, there's a lot of numbers on here. But the, the biggest thing to understand is it's a big low cost ore body and that's really a big low cost project but really driven by the ore body. Spring Pole is not what you would typically find in this environment in Canada. It is basically a continuously mineralized porphyry intrusive, that's 100 and 50 to 350 m wide and a kilometer and a and a half long and about 500 m deep. It just means that there's a very efficient way that this ore body wants to be mined and has a natural higher grade starter pit. first phase of a pit in which you're getting, you know, average grades that are 30 40% higher than the life of mine. So it really helps with that payback. Of course, the knock against this project if you haven't seen it before is that it sits right now in the bay of a lake. And the interesting opportunity on that is, you know, I think it's been a perception issue that's been long held, but we have through all of the work we've done on the environmental assessment process. It has gotten us, you know, I think to a real understanding that, you know, with all the work and study that's gone into this project over the last 15 years. We're very confident submitting this final a that there are nothing that there are no issues that haven't been discussed with the regulators and nothing that we don't see a path forward for. And it's interesting to put it in context because this kind of gives you a bit of a sense of the area here. This is Spring Pool Lake. As you can see what I'm circling there, The intake into Spring Pool Lake is there and the outtake is on that side or the outlet is on that side. And what we are talking about dewatering is it sometimes works here. It's that bay. So just for context, it's an area with a lot of water, but you can see it's a very, very small percentage of the overall watershed here. So I think that's just kind of important to understand equally important where we are in the environmental assessment process. We've been in the Federal and provincial E A process since 2018. So we have done the hard yards. There's a lot of people who talk about ways to navigate this process. Here's the reality. I don't think there's any shortcuts and we are living proof of that. Now, you know, 6.5 years in so, we submitted a draft environmental assessment 2.5 years ago. We've been back and forth with regulators for 2.5 years. We've answered 1900 comments and questions and take a lot of comfort from the fact that our team who, who came to join us in 2020 our permitting team and sustainability team led by Steve Lines, spent the prior 6.5 years permitting the Greenstone gold mine that Equinox has just put into production. and literally, you know, joined us after they'd received their construction permit. So same province, same team working on basically a very similar project at Spring Pool. So importantly, submitting our final environmental assessment next month and that starts restarts a federal clock which has about 300 days on it in which the feds have to issue an environmental assessment approval or environmental assessment, environmental assessment decision. So, you know, the the clock is gonna be ticking. We're very excited for the path forward on that front. won't talk a lot about the resource upside here, but it is significant both near mine where we've continued to find inferred mineralization through our geotechnical drilling as you sometimes find it when you're not looking for it. And now starting to test an Eastern Extension of Spring Pool for significant expansion as well. And on top of that, you know, we've got about 70,000 hectares of the Bucci Greenstone Belt, very similar belt of rocks to both Pickle Lake and Red Lake Camp. And we think that the opportunity there really is for us to find the next great bear because it's never been looked at in this geology before. This was dramatically unexplored relative even to Red Lake over the last 100 years. And we have a dominant land position in what is a largely untested Greenstone belt. So lots of good things coming there on Spring Pole, the summer is you know, advanced stage project, robust, great leverage to gold price and really one of the next ones to get its environmental assessment approvals. So I'll talk a little bit about our Darque project, which is located about 45 kilometers north and a little bit west of R Miranda. great mining history in the town of Darque, which was built around a past producing mine that produced from the 19 thirties to the 19 fifties was actually Quebec's largest gold mine in the 19 thirties. But you can see the location here. This is the whole Abbot Tibe. We are right in the middle. So you're literally about 100 and 50 kilometers from Timmons. You're 100 and 50 kilometers from Valdor and pretty much every piece of kit that moves across the abitibi ends up moving over the top of our deposit. So amazing place to work, amazing place to explore probably the best source of skilled mining talent in the world all within 100 and 50 kilometers of the project. We put out a pe a last year that showed a large significant project. We wanted to make sure that, you know, this was firmly established as something that is mid tier scale. And I think this shows it, you know, 200,000 ounces plus a year production all in sustaining costs of 1000. But it was pretty significant capital, 706 million Canadian of upfront capital. We've now taken a step back to, to look at this from three different perspectives to say, what would we change about this project? Number one, at 15,000 tons a day. I think you're into another significant permitting process both federally and provincially in Canada. If you were looking at starting smaller or, or scoping the project with a smaller footprint, we think you can shorten that considerably. We also always knew that there was a higher grade core here. So we're looking at potentially a smaller tonnage, higher grade, more robust scenario to to establish the mine. And importantly, you know, one of the things that is very important about this opportunity is we're sitting in the middle of the Abitibi. This is a project that was mined down about 500 m to that level from the thirties to the to the, you know, 19 fifties, hardly a drill hole deeper than 500 m. But important to know they mined a million and a half ounces out of this. And there's still a 5 million ounce resource in the top 500 m of this deposit. So you're talking about a 6.5 million ounce endowment in the top 500 m and nothing saying that we're not seeing that endowment continue at depth in a camp that's, you know, world renowned for its its vertical continuity. So we're growing this resource in a few ways. Number one, understanding higher grade resources and and controls of higher grade resources in the deposit. Number two, we're filling in a lot of the blank canvas here. A lot of these resources aren't connected because there used to be property boundaries in between them and we've consolidated the property. So having great success and just kind of filling in the blank canvas. But, you know, one of the most important things here is we're getting to a point where we really understand these controls of the mineralization and it's starting to show through in the drill bit. This was one of the last holes we put out on the North zone at Darque, which you know, in one hole, 10 point 6/5 6.5, over 9 3/33 and 6/33. And that six is at the bottom of that hole, the 400 m you know, below surface. So you're talking about that's the type of material you could be ramping into from the bottom of an open pit. Keep in mind we've already got a 5 million ounce endowment in this project right now. So we think a very clear shot at this getting to, you know, from 5 to 7 to 10 plus million ounces, not a stretch at all to see that move forward. So with that, I just recognize we're kind of coming towards the end of time here. I will say thank you very much if you want more information. Oh, sorry, lots of catalysts coming. So please keep watching. Not only the environmental assessment submission which is going in in October. We're looking at also potentially an updated pe A at Darque coming in Q one and lots of drill results coming both from Darque and from spring poll showing resource growth there as well. So lots of news coming over the course of the next little while, but you can follow us and find us on www dot first Mining gold.com. So I don't know we have a little bit of time. Anyone might have any questions, but I'll turn it over to there any questions from the room. It's maybe a quick one for me and I think you probably answered it with the last point there on the on the catalyst, but trading at the market cap you've traded at and when you're talking about the similar sized assets in a tier one jurisdiction being bought for 500 million and how do you defend against that kind of unwanted interest before you can re rate up to a value that's more reflective of what you think is in the ground. Yeah, I mean, those of us who have been doing m and a work in the mining business for a long time, it's the unsolicited,, interest coming out of left field is pretty rare., listen, I think for us,, there's a, a growing interest amongst Corporates to understand what we're doing. Your best defense is always just having more people who are paying attention to what you're doing, you know. So from that perspective, we just need to keep people informed. And ultimately, yeah, I think if the worst case scenario is you're, you're, you're in a position to kick off a robust auction then so be it. But for projects like these, you know, I think we get more concerned about that when we get to the position of having those E A approvals. And that's not that long away. You know, you're talking about major, major catalysts now, 15 months away. So we're pretty excited. Perfect. Thanks Dan. Thank you, Cheers. Ok.