Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Developed and implemented a GlyLeachTM process, a green leaching technology that is environmentally friendly, non-toxic, and uses minimal acid.

Social Achievements

• Launched an in-country nationwide media campaign in Sierra Leone to generate public awareness of the commitment to develop the Marampa Project.

Governance Achievements

• Appointed Mr. Terry Donnelly as Non-Executive Chairman, aligning with ASX Corporate Governance Principles and Recommendations.
• Board restructure with the resignation of Mr. Mark Hancock and the appointment of Mr. Will Scott.

Climate Goals & Targets

Environmental Challenges

• Trading suspension on the ASX due to inadequate operations.
• Tenure dispute over the Marampa Project Mining Licence in Sierra Leone.
• COVID-19 pandemic impacting travel and government operations in Sierra Leone.

Mitigation Strategies

• Continuously engaged with the ASX, released a full form prospectus, and was reinstated to trading.
• Ongoing dialogue with Sierra Leonean authorities to reinstate or reissue the Mining Licence.
• Continued minimum in-country expenditure on the Marampa Project to maintain assets and progress towards production.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• GlyLeachTM process

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Group was below the reported threshold for legislative reporting requirements for the National Greenhouse and Energy Reporting Act 2007, therefore not required to register or report.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Future capital requirements and associated dilution risk
• Exploration and development risk including no defined resources, resource estimates, results of studies, metallurgy consideration
• Operational risks including loss of key personnel, reliance on agents and contractors, environmental risks, regulatory compliance
• Macro risks including climate risk, downturn in the resources industry, commodity prices and demand, Ukraine conflict

Mitigation Strategies

• The Board aims to manage these risks by carefully planning its activities and implementing risk control measures.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: JORC Code (2012)

Certifications: Null

Third-party Assurance: BDO Audit Pty Ltd

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed