Conquest Resources Limited
Climate Impact & Sustainability Data (2022, 2024-01-01 to 2024-06-30)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Entered into a Memorandum of Understanding with the Temagami First Nation and Teme Augama Anishnabai regarding exploration activities on the Belfast-TeckMag Project.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Additional Financing: Ability to continue exploration depends on raising additional financing.
- Exploration, Development and Operating Risk: Resource exploration and development is speculative, with risks of unprofitable efforts and market fluctuations.
- No Assurance of Production: Limited experience in placing resource properties into production.
- Factors beyond Conquest’s Control: Exploration and development affected by government regulation, market prices, and availability of markets and facilities.
- Environmental Risks and Hazards: Operations subject to environmental regulations and potential liabilities.
- Competition: Intense competition with other mining companies.
- Management: Success largely dependent on the performance of its directors and officers.
- Laws and Regulations: Mining activities affected by political and economic stability and government regulation.
- Aboriginal Land Claims and Treaty Rights: Operations in areas subject to Aboriginal land claims.
- Insurance: Potential liability for cave-ins, environmental impacts, or other hazards.
- Commodity Prices: Profitability directly related to market price of commodities (gold, copper, etc.).
- Price Volatility of Publicly Traded Securities: Share price affected by short-term changes in metal prices or financial condition.
Mitigation Strategies
- Intends to comply fully with all applicable environmental regulations.
- Will deal with any conflicts of interest in accordance with applicable laws.
- Believes it will be successful in attracting, training and retaining qualified personnel.
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: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024-01-01 to 2024-06-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Entered into a Memorandum of Understanding with the Temagami First Nation and Teme Augama Anishnabai regarding exploration activities on the Belfast-TeckMag Project.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Additional Financing: Dependence on raising additional financing to continue exploration and development.
- Exploration, Development and Operating Risk: Speculative nature of mineral exploration, including the risk of unprofitable efforts and market fluctuations.
- No Assurance of Production: Limited experience in placing resource properties into production.
- Factors beyond Conquest’s Control: Government regulation, market price volatility, market availability, transportation and refining facilities, taxes and royalties.
- Environmental Risks and Hazards: Potential for environmental breaches and associated fines and penalties.
- Competition: Intense competition with other mining companies.
- Management: Dependence on the performance of its directors and officers.
- Laws and Regulations: Impact of political and economic stability and government regulation.
- Aboriginal Land Claims and Treaty Rights: Potential delays or challenges due to Aboriginal land claims and treaty rights.
- Insurance: Potential liability for unforeseen events that may not be insurable.
- Commodity Prices: Volatility in gold, copper, and other metal prices.
- Price Volatility of Publicly Traded Securities: Volatility in the company's share price due to various market factors.
Mitigation Strategies
- The company intends to comply fully with all applicable environmental regulations.
- The company will focus its attention on the Belfast TeckMag Project and a 3,000-meter diamond drill program funded by VerAI.
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: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed