Q1 2026 DPM Metals Inc Earnings Call Transcript
(audio in progress) 50,000 ounces of gold and 5.9 million pounds of copper, generating strong margins and all in sustaining cost of $1,244 per ounce of gold sold and continued financial strength as we ended up the quarter with a consolidated cash balance of $763 million.
We continue to consistently deliver free cash flow, generating approximately $79 million during the quarter and further strengthened our financial capacity to fund growth. At the same time, our investors are benefiting from our low-cost, high-margin gold production as we harvest free cash flow by returning excess capital to shareholders, demonstrated by the repurchase of a record 7.5 million shares during the quarter.
We also continue to advance our organic growth pipeline and generate strong results from our exploration activities in Serbia, which I'll touch on in a moment. Looking at our operations in more detail, Chalapeche's performance was in line with the mine plant, producing approximately 37,000 ounces of gold and 5.9 million pounds of
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