ESKAY MINING CORP.
Climate Impact & Sustainability Data (2017, 2020, 2022)
Reporting Period: 2017
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Insufficient cash position to fund operating expenses for the twelve months ending February 28, 2018.
- Need for equity financing or joint venture partner for the St. Andrew Goldfield (SIB) - Eskay Project.
Mitigation Strategies
- Seeking equity financing or joint venture partner.
- Deferring amounts payable where possible.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2020
Environmental Metrics
Social Achievements
- Communications agreement in place with the Tahltan Central Government and a great working relationship with the Tahltan First Nation.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NI 43-101
Reporting Period: 2022
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- The Company has incurred losses in prior periods, and incurred a net loss of $18,891,069 during the year ended February 28, 2022 (year ended February 28, 2021 - net loss of $14,181,357) and has an accumulated deficit of $102,576,546 (February 28, 2021 - $83,685,477).
- On March 31, 2020, the World Health Organization declared coronavirus (COVID-19) a global pandemic. This contagious disease outbreak, which has continued to spread, has adversely affected workforces, economies, and financial markets globally, leading to an economic downturn.
- The Company’s ability to continue to meet its obligations and carry out its planned exploration activities is uncertain and dependent upon the continued financial support of its shareholders and securing additional financing.
Mitigation Strategies
- The Company has been successful in securing financing in the past
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: McGovern Hurley LLP