Climate Change Data

PATRIOT GOLD CORP.

Climate Impact & Sustainability Data (2014, 2022)

Reporting Period: 2014

Environmental Metrics

Environmental Challenges

  • Inability to obtain funding to achieve business strategy.
  • Potential conflicts of interest due to directors' involvement in other companies.
  • Speculative nature of exploration and development, leading to high risk of failure.
  • Early stage of business operations with high risk of failure.
  • Unique difficulties and uncertainties inherent in mineral exploration and mining.
  • Increased operating expenses before generating revenue, potentially leading to unprofitability.
  • Access to mineral claims restricted by inclement weather.
  • President's part-time commitment may limit time devoted to business operations.
  • Speculative nature of mineral exploration, with substantial risk of finding no deposits.
  • Failure to complete option payments and capital expenditure requirements.
  • Risk of not obtaining financing, negatively impacting financial condition.
  • Inherent dangers in mineral exploration leading to potential liability or damages.
  • Heavy dependence on CEO and President.
  • Compliance with government regulations that may increase exploration costs.
Mitigation Strategies
  • Working with several geologists to reduce reliance on any one officer/director for geological services.
  • Seeking additional capital through private placements and public offerings.
  • Outsourcing field work to service providers and exploration partners.
  • Keeping staff compliment to a minimum to conserve capital.
  • No equipment purchases anticipated in the next 12 months.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Period: 2022

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Access to mineral claims may be restricted by inclement weather, causing delays in exploration.
  • The speculative nature of exploration and development of mineral properties involves substantial risks.
  • Inherent dangers in mineral exploration pose liability risks.
  • Heavy dependence on the CEO and President.
  • Operating expenses and revenues may vary, leading to inconsistent profitability.
  • Compliance with government regulations may increase exploration costs.
  • Global public health threats may adversely affect financial and operating performance.
Mitigation Strategies
  • Working with several technical consultants to reduce reliance on any one officer or director.
  • Outsourcing of legal, accounting, and other operational duties is the most cost effective and efficient manner of conducting the business of the Company.
  • No anticipated equipment purchases in the next 12 months.

Supply Chain Management

Climate-Related Risks & Opportunities