Climate Change Data

Silver Elephant Mining Corp.

Climate Impact & Sustainability Data (2023-01 to 2023-03)

Reporting Period: 2023-01 to 2023-03

Environmental Metrics

ESG Focus Areas

  • Environmental Protection
  • Community Relations
  • Corporate Safety

Environmental Achievements

  • Obtained environmental license for Pulacayo Project, allowing for construction of a mine and concentrator with capacities up to 560 tons per day.
  • Completed Environmental Impact Evaluation Study and Environmental Base Line Audit for Pulacayo Project.

Social Achievements

  • Secured social licenses for mining at the Pulacayo Project.
  • Engaged with local communities in Bolivia and Mongolia.

Governance Achievements

  • Established refreshed internal controls over financial reporting based on the COSO framework.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Inability to obtain financing.
  • Decreases in metal prices.
  • Adverse political and social changes in Bolivia and Mongolia.
  • Legacy financial obligations (historical tax liability).
Mitigation Strategies
  • Pursuit of equity investors and cash flow from material sales.
  • Timing of project to coincide with projected higher metal prices.
  • Timing of project to coincide with increased government support for mining.
  • Dispute resolution for historical tax liability.

Supply Chain Management

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: NI 43-101, CIM Standards

Certifications: ISO 9001:2015, ISO/IEC 17025:2017

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed