Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Initiated baseline water sampling program and established groundwater and hydrogeology monitoring sites; Completed a Stage 1 Archaeological Assessment

Social Achievements

• Engaged and consulted with Mattagami First Nation and Flying Post First Nation; Signed Memorandums of Understanding with Mattagami First Nation and Flying Post First Nation

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Risks related to COVID-19; Risks related to obtaining necessary permits and approvals; Risks related to the volatility of commodity prices; Risks related to the speculative nature of mineral exploration; Risks related to the Company's limited operating history and lack of revenue generation; Risks related to the Company's dependence on key employees and contractors; Risks related to compliance with environmental regulations; Risks related to potential dilution of shareholder interests; Risks related to cybersecurity threats; Risks related to First Nations land claims; Risks related to potential sales of shares by existing shareholders; Risks related to reputational damage; Risks related to extreme weather and climate change; Risks related to the absence of a shareholder rights plan; Risks related to the accuracy of mineral resource estimates; Risks related to contractor and consultant performance; Risks related to the Company's history of losses and expectation of future losses

Mitigation Strategies

• Implemented preventative measures to limit COVID-19 exposure and transmission; Engaged Story Environmental Inc. in collaboration with Blue Heron Environmental to conduct environmental baseline studies and assist with the permitting process; Continue to seek joint venture and other arrangements with partners; Regular review of properties and abandonment of unproductive claims; Implemented ongoing policies, controls and practices to manage and safeguard against cybersecurity threats; Signed a memorandum of understanding with Flying Post and Mattagami First Nations

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (floods, droughts, forest fires, storms)

Transition Risks

• Increased environmental regulation; Use of fiscal policy by regulators in response to climate change concerns

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: NI 43-101

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Memorandums of Understanding (“MOU”) with Mattagami First Nation and Flying Post First Nation regarding environmental protection, employment and business opportunities, and education and training.

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Risks related to exploration stage company, including the high rate of failure of such enterprises, potential for unanticipated problems and costs exceeding estimates, and the possibility that exploration may not reveal viable commercial mineralization.
• Need for additional financing to advance exploration and development efforts.
• Risks associated with commodity price volatility and foreign exchange rate fluctuations.
• Potential for title disputes or defects in the Company’s property interests.
• Dependence on key employees and contractors.
• Compliance with applicable regulations, including environmental laws and permitting requirements.
• Dilution of existing shareholders' interests due to the exercise of outstanding options and future issuances of securities.
• Cybersecurity threats and potential disruptions to information technology systems.
• Potential impact of First Nations land claims.
• Potential for sales of a large number of common shares to decrease trading price and impair ability to raise capital.
• Reputational risk due to social media and other web-based tools.
• Potential disruption of operations due to extreme weather and climate change.
• Lack of shareholder rights plan, leaving the company vulnerable to creeping bids.
• Risk that mineral resources identified will not be realized, and that metal recoveries in laboratory tests will not be duplicated in larger-scale tests.
• Risk of contractor or consultant default impacting schedules and adding costs.
• History of losses and expectation of future losses unless West Cache Project enters commercial production.

Mitigation Strategies

• Regular review of properties and abandonment of claims when further exploration is deemed unproductive.
• Seeking joint venture and other arrangements with partners to advance exploration without bearing all costs directly.
• Ongoing policies, controls, and practices to manage and safeguard against cybersecurity threats.
• Positive relations with First Nations and MOUs in place, although no definitive agreements yet concluded.
• Implementation of policies, controls, and practices to manage and safeguard against cybersecurity threats.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Floods, droughts, forest and brush fires, and extreme storms.

Transition Risks

• Increased environmental regulation and/or fiscal policy in response to climate change concerns (e.g., additional taxes).

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: NI 43-101

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed