Kootenay Resources Inc.
Climate Impact & Sustainability Data (2024-01-01 to 2024-06-30)
Reporting Period: 2024-01-01 to 2024-06-30
Environmental Metrics
Climate Goals & Targets
Short-term Goals:
- Complete a detailed follow-up MT survey on the Moyie Anticline project.
Environmental Challenges
- Early stage company needing additional funds.
- Risks inherent in mineral exploration and development (unprofitable efforts, insufficient size/grade of deposits, resource estimates not being realized, etc.).
- Dependence on option agreements with other companies (uncertainty of funding and completion of earn-in requirements).
- Operating hazards and risks (geological conditions, accidents, environmental damage).
- Political risks (regulatory changes, obtaining permits and licenses).
- Metal price volatility.
- Title risks.
- Environmental regulations and compliance.
- Competition.
- Unfavorable economic conditions.
- Dependence on management.
- Conflicts of interest.
- Inadequate insurance coverage.
- Shareholder dilution.
- Uninsurable risks.
Mitigation Strategies
- Seeking equity financing.
- Entering into option agreements to share exploration risk.
- Maintaining liability insurance.
- Monitoring metal prices.
- Complying with environmental regulations.
- Considering other financing solutions (joint ventures, credit facilities, debenture issuances).
- Monitoring the progression of its generative portfolio of properties.