Climate Change Data

Nickel Creek Platinum Corp.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Safety
  • Environmental Stewardship
  • Community Engagement

Environmental Achievements

  • No significant environmental incidents in 2022.
  • Work conducted towards better understanding the potential carbon absorption of the Project’s tailings and waste rock that will reduce or potentially eliminate the Project’s greenhouse gas (GHG) footprint. Final results of carbon sequestration testing announced December 16, 2022, indicating passive sequestration on the scale of kilotonnes of CO2 per year is possible.

Social Achievements

  • No fatal or long-term disability accidents, lost-time accidents, or reportable safety incidents in 2022.
  • Exploration Cooperation Agreement with Kluane First Nation.

Governance Achievements

  • Audit Committee oversight of financial reporting and internal controls.
  • Shareholder approval of share-based compensation plan.

Climate Goals & Targets

Short-term Goals:
  • Publish a Prefeasibility Study during the third quarter of 2023.

Environmental Challenges

  • Environmental risks associated with mining operations.
  • Risks related to First Nations consultation and potential land claims.
  • Operational hazards and risks inherent in mineral exploration and development.
  • Substantial capital requirements for exploration and development.
  • Fluctuations in metal prices.
  • Competition in the mining industry.
  • Risks associated with climate change regulations and physical impacts of climate change.
  • Title risks to mineral properties.
  • Risks associated with flow-through private placements and tax compliance.
Mitigation Strategies
  • Implementation of policies and procedures for a safe working environment and environmental protection.
  • Exploration Cooperation Agreement with Kluane First Nation.
  • Detailed risk assessment and mitigation strategies outlined in the report.
  • Equity and debt financing strategies.
  • Carbon sequestration testing and evaluation of potential for carbon capture and storage.
  • Ongoing monitoring and compliance with environmental regulations.
  • Due diligence in acquiring and securing mineral property titles.
  • Careful management of flow-through funds and compliance with tax regulations.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Inclement weather
Transition Risks
  • Changes in climate change regulations
Opportunities
  • Potential for carbon sequestration in tailings and waste rock.

Reporting Standards

Frameworks Used: NI 43-101