Halcones Precious Metals Corp.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Governance Achievements
- Adopted a Code of Business Conduct and Ethics for directors, officers, consultants, and employees.
- Adopted a Whistleblower Policy.
- Adopted an Anti-Bribery and Anti-Corruption Policy.
- Adopted a Majority Voting Policy.
Climate Goals & Targets
Environmental Challenges
- Continuing operating losses and a need for equity financing.
- Risks associated with mineral exploration, including the failure to discover economically viable mineral deposits.
- Fluctuating mineral prices.
- Regulatory, permit, and license requirements.
- Title disputes to mineral properties.
- Competition in the mineral exploration and development industry.
- Dependence on key personnel.
- Environmental risks.
- Local resident concerns.
- Risks associated with foreign operations in Chile.
- Uninsurable risks.
- Potential for litigation.
Mitigation Strategies
- The company is actively seeking equity financing.
- The company has established a QA/QC sampling control protocol for all rock sampling.
- The company closely monitors commodity prices and the stock market.
- The company believes its operations are materially in compliance with all applicable laws and regulations.
- The company is taking steps to verify title to its properties.
- The company is committed to attracting and retaining key personnel.
- The company is taking precautions to minimize environmental risks.
- The company is monitoring governmental, political, economic, and other uncertainties in Chile.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: McGovern Hurley LLP