Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility

Social Achievements

• The Company’s management values the benefits that diversity can bring and seeks to maintain a management team and workforce comprised of talented and dedicated executives and employees with a diverse mix of experience, skills and backgrounds collectively reflecting the strategic needs of the business and the nature of the environment in which the Company operates.

Climate Goals & Targets

Environmental Challenges

• Increased costs affecting our financial condition
• The Bullfrog Gold Project being in the exploration stage; whether the Bullfrog Gold Project is feasible
• The Bullfrog Gold Project requiring substantial capital investment
• Our inability to obtain required permits
• Difficulties in managing growth
• Our potential loss of key persons
• Risks related to the evolving novel coronavirus (“COVID-19”) pandemic and health crisis and the governmental and regulatory actions taken in response thereto
• Estimates of mineral resources are subject to evaluation uncertainties that could result in project failure
• Our exploration activities on our properties may not be commercially successful, which could lead us to abandon our plans to develop our properties and our investments in exploration
• The volatility of the price of gold and silver could adversely affect our future operations and, if warranted, our ability to develop our properties
• We are subject to significant governmental regulations, which affect our operations and costs of conducting our business
• Our business is subject to extensive environmental regulations which may make exploring for or mining prohibitively expensive, and which may change at any time
• Our property titles may be challenged
• Possible amendments to the General Mining Law could make it more difficult or impossible for us to execute our business plan
• Market forces or unforeseen developments may prevent us from obtaining the supplies and equipment necessary to explore for gold and other minerals
• We may not be able to maintain the infrastructure necessary to conduct exploration activities
• Regulations and pending legislation governing issues involving climate change could result in increased operating costs, which could have a material adverse effect on our business
• Our relationship with the communities in which we operate impacts the future success of our operations
• Newly adopted rules regarding mining property disclosure by companies reporting with the SEC may result in increased operating and legal costs
• Our business is subject to evolving corporate governance and public disclosure regulations that have increased both our compliance costs and the risk of noncompliance, which could have an adverse effect on our stock price
• Our stock price may be volatile
• Broker-dealers may be discouraged from effecting transactions in shares of common stock because they are considered a penny stock and are subject to the penny stock rules
• Offers or availability for sale of a substantial number of shares of our common stock may cause the price of our common stock to decline
• We are dependent upon information technology systems, which are subject to disruption, damage, failure and risks associated with implementation and integration

Mitigation Strategies

• We believe that our operations are conducted in material compliance with applicable laws and regulations
• Our policy is to conduct business in a way that safeguards public health and the environment
• We expect continued government and public emphasis on environmental issues will result in increased future investments for environmental controls at our operations
• Various measures have been implemented to manage our risks related to information technology systems and network disruptions

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• changes in rainfall and storm patterns and intensities, water shortages, changing sea levels and changing temperatures

Transition Risks

• new regulation related to climate change

Reporting Standards

Frameworks Used: S-K 1300, NI 43-101

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Increased costs affecting our financial condition
• Bullfrog Gold Project and Reward Gold Project being in the exploration stage; whether the Bullfrog Gold Project and Reward Gold Project are feasible
• Bullfrog Gold Project and Reward Gold Project requiring substantial capital investment
• Inability to obtain required permits
• Risks related to the evolving novel coronavirus (“COVID-19”) pandemic and health crisis and the governmental and regulatory actions taken in response thereto
• The risks of mineral exploration
• Changes in estimates of mineralized material
• Our exploration projects not succeeding
• Price volatility of gold and silver
• Environmental regulations
• Challenges to title to our properties
• Amendments to mining law
• Supply shortages
• Inability to maintain infrastructure to conduct exploration activities
• New regulation related to climate change
• Relationships with communities in which we operate
• Newly adopted mining disclosure regulations
• Evolving corporate standards
• Canadian reporting requirements
• The price of the shares of common stock being volatile

Mitigation Strategies

• Implemented business practices designed to reduce negative environmental impacts
• Strive towards a more environmentally sound project development plan at the projects and within the local community
• Various measures have been implemented to manage our risks related to information technology systems and network disruptions

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Changes in rainfall and storm patterns and intensities, water shortages, changing sea levels and changing temperatures

Transition Risks

• Legislation and increased regulation regarding climate change

Reporting Standards

Frameworks Used: S-K 1300, NI 43-101