Climate Change Data

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