Climate Change Data

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