Great Pacific Gold Corp.
Climate Impact & Sustainability Data (2024-01 to 2024-03)
Reporting Period: 2024-01 to 2024-03
Environmental Metrics
Social Achievements
- Granted a total of 6,690,000 restricted share units and 2,215,000 stock options as per the Company's renumeration program.
Climate Goals & Targets
Environmental Challenges
- Risks related to determining the validity of mineral property title claims, commodities prices, changes in laws and environmental laws and regulations.
- Inadequate infrastructure could significantly delay or prevent the Company exploring and developing its projects and could result in higher costs.
- The Company’s insurance will not cover all the potential risks associated with a mining company’s operations.
- Potential conflicts of interest among officers and directors.
- Challenges may be made to the title to any of our properties and, if successful, they could impair development and/or operations at our mines or projects.
- Our operations are governed by, and involve interactions with, many levels of government in foreign countries. We may not be able to complete some business transactions if we are subject to corruption or demands for bribes.
- Damage to our reputation can be the result of the actual or perceived occurrence of any number of events, and could include any negative publicity, whether true or not.
Mitigation Strategies
- Management monitors its activities and those factors that could impact them in order to manage risk and make timely decisions.
- The Company aims at managing and reducing risks as much as possible.
- The Company will need to comply with native title requirements in Australia.
- Applicable law requires the directors and officers to act honestly, in good faith, and in the best interests of the Company and its shareholders and in the case of directors, to refrain from participating in the relevant decision in certain circumstances.
- We believe that we operate in a manner that is respectful to all stakeholders and take care in protecting our image and reputation.