Octava Minerals Limited
Climate Impact & Sustainability Data (2020-09 to 2021-12)
Reporting Period: 2020-09 to 2021-12
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Prioritize East Pilbara (Talga) Project.
- Execute field programs in East Kimberley and Yallalong.
- Continue exploration on identified targets.
- Maintain tenements in good standing.
Environmental Challenges
- Limited operating and financial history.
- Renewal risk of exploration licenses.
- Future capital requirements.
- Reliance on key management personnel.
- Third-party risks (contractors, suppliers).
- Conditional nature of offers and material contracts.
- Farm-in and joint venture risks.
- Inherent uncertainty of mineral exploration.
- Environmental risks associated with mining operations.
- Litigation risk, including disputes with shareholders.
Mitigation Strategies
- Engaging experienced personnel.
- Filing renewal requests for licenses.
- Planning for future funding needs.
- Developing risk control measures.
- Careful planning of activities.
- Addressing litigation through legal action.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes, market shifts