Climate Change Data

KORE Mining Ltd.

Climate Impact & Sustainability Data (2018-01 to 2018-07, 2020)

Reporting Period: 2018-01 to 2018-07

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Securing adequate funding to maintain and advance exploration properties.
  • Ensuring ownership of and access to mineral properties.
  • Obtaining permits for drilling and other exploration activities.
  • Volatile market prices for gold and other metals.
  • Risks associated with exploration and development activities.
  • Numerous geological, economic, environmental and regulatory factors and uncertainties that could impact management’s assessment as to the overall viability of its properties or to the ability to generate future cash flows necessary to cover or exceed the carrying value of the Company’s exploration and evaluation assets.
  • Loss of key personnel.
  • Intense competition in the mining industry.
  • Potential title disputes on mineral properties.
  • Obtaining necessary licenses and permits for operations.
  • Compliance with environmental regulations.
  • Potential liability for pollution or hazards.
  • Mineral resource estimates may not be realized.
  • Uncertainty in the financial equity markets may make it difficult to raise capital through the private placement of shares.
Mitigation Strategies
  • Employing a strategy of joint ventures with other companies to balance risk and advance properties.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2020

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

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Obtain permits and start drilling at Imperial in the second half of 2021.
  • Obtain permits and start drilling at Long Valley in mid-2021.

Environmental Challenges

  • Delays in the drill permit process for both Long Valley and Imperial, in part due to COVID-19.
  • Change in U.S. regulatory framework due to the 2020 election, potentially resulting in changes to regulations for permitting future operations.
  • Possibility that the BLM could change their findings in the Mineral Validity Examination at Imperial, requiring the company to move future facilities.
Mitigation Strategies
  • Engaging with local stakeholders to inform them of site activities and build support for future project development.
  • Preparing the Imperial Project Plan of Operations for submittal to the BLM.
  • Investigating actions to formally discharge a 1.5% royalty interest at Imperial.

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: NI 43-101

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed