Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic temporarily suspended exploration at the Kay Mine Project.
• Proximity of Kay Mine Project to Black Canyon City may require additional permitting to mitigate noise, traffic, dust, and visual effects.
• Proximity of Kay Mine Project to the Agua Fria River may require additional mitigation measures to protect water quality.
• Potential assertion of extralateral mineral rights by owners of adjacent patented claims.
• Historical drill data at Sugarloaf Peak Project needs verification.
• Sugarloaf Peak Project straddles a major infrastructure corridor, presenting permitting and engineering challenges.

Mitigation Strategies

• Exploration work at Kay Mine Project resumed after Arizona lifted stay-at-home orders and implemented COVID-19 safety protocols.
• Community consultation will be undertaken during permitting and operation of drill programs at Kay Mine Project.
• Environmental consultant will be consulted to evaluate environmental risks from historic mine dumps at Kay Mine Project.
• Mitigation of extralateral rights risk through potential acquisition of adjacent properties.
• Verification drilling may be needed at Sugarloaf Peak Project.
• Engineering solutions will be explored to address infrastructure challenges at Sugarloaf Peak Project.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, especially fire, and resource shortages due to delivery disruptions.

Transition Risks

• Increased costs due to stricter emission regulations and energy efficiency requirements.

Reporting Standards

Frameworks Used: NI 43-101

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Not disclosed

Social Achievements

• Added a community resource page to their website, established a community hotline, and began logging feedback from local stakeholders in 2022.

Governance Achievements

• Updated ESG policy approved by the board of directors.
• Established various committees (Audit, Compensation, Nominating and Corporate Governance) that meet quarterly.

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Purchasing preference that favors suppliers with favorable policies

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed