Operator

Good morning, ladies and gentlemen, and welcome to the Resolute Mining First Quarter 2026 Conference Call. [Operator Instructions] The presentation is now within the Investors section of Resolute Mining's website. [Operator Instructions] I would like to remind all participants that this call is being recorded.

I will now hand over to the Chief Executive Officer, Chris Eger, to open the presentation. Please go ahead.

Christopher Eger
MD, CEO & Director

Thank you, and welcome to Resolute Mining's Q1 2026 Activities Report. I am Chris Eger, CEO of Resolute Mining. And today, I'm joined on the call with Gavin Harris, our Chief Operating Officer; Dave Jackson, our Chief Financial Officer; as well as Matty O'Toole, our Head of Investor Relations.

Moving on to Page 4. So I'm very pleased that we had a very robust quarter in the first part of 2026. Let's talk about a few of the operating metrics and then go into more details in the upcoming slides. Look, first of all, on operating metrics, we achieved pretty much all the targets that we were hoping for. Starting with the fact that we only had one lost time injury in the first quarter. Therefore, we had a TRIFR of 0.43. Gold produced was just under 60,000 ounces, right on target with our guidance. Our group AISC was at $2,200, slightly higher than expected, but it was all due to the fact that royalty expenses were higher in the first quarter as a result of the higher gold price environment. And our capital expenditures for the quarter