Climate Change Data

Ascot Resources Ltd.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:9,283 tCO2e/year (Scopes 1 & 2)
Scope 1 Emissions:9,249 tCO2e/year
Scope 2 Emissions:34 tCO2e/year
Renewable Energy Share:7.9% (indirectly, via BC grid)
Total Energy Consumption:135,275 GJ/year
Water Consumption:2.38 million m3/year (effluent discharged)
Waste Generated:1,800 tons/year (non-mineral)
Carbon Intensity:0.21t CO2e/oz gold produced (life of mine estimate)

ESG Focus Areas

  • Health and Safety
  • Environmental Stewardship
  • Community Relations
  • Indigenous Relations
  • Governance

Environmental Achievements

  • Completed construction of the new water treatment plant (partially commissioned in Q1 2024)
  • Completed construction of the tailings storage facility (TSF) in early 2024
  • Relocated thousands of Western Toad tadpoles to a more suitable habitat

Social Achievements

  • Reached 1,143,029 hours without lost time incidents (LTI) by the end of Q4 2023 on the Premier Gold Project construction
  • Increased Nisg̱a'a Nation employment from 16 in 2022 to 26 in 2023 (23% of site-based employees)
  • Increased total female employees by 54%, from 24 in 2022 to 37 in 2023; senior management increased from 42% female in 2022 to 44% female in 2023
  • Spent $17.9 million on contracts with Nisg̱a'a-owned companies and partnerships
  • Spent $5.0 million on contracts with Stewart- and Hyder-based businesses

Governance Achievements

  • Implemented a new Regional Attraction and Retention plan to encourage workers to relocate to the Stewart region
  • Implemented a new Relocation Allowance Plan to support the relocation of employees to Stewart, BC
  • Adopted the SASB framework for sustainability reporting

Climate Goals & Targets

Medium-term Goals:
  • Continue to track Scope 1 and Scope 2 GHG emissions and prepare for potential reporting under Provincial and Federal frameworks if emissions exceed 10,000 tonnes of CO2 equivalent
  • Progress plans and initiatives for emissions reduction projects and strategies throughout the mine life at PGP and RMP
Short-term Goals:
  • Improve environmental performance with fewer environmental incidents in 2024
  • Meet all permit-required discharge water quality thresholds
  • Zero fatalities, zero Lost Time Injuries, and improve year-over-year Medical Time Incident Frequency rate in 2024
  • Increase the number of training hours and breadth of emergency response training courses

Environmental Challenges

  • Construction delays resulted in postponing the installation of the new water treatment system and non-compliance with specific permit conditions
  • Increased number of workers on site from multiple contractors presented new health and safety challenges
Mitigation Strategies
  • Submitted a Joint Permit Amendment Application (JPAA) to re-align with project completion dates
  • Implemented improved safety training, tracking, and awareness programs
  • Developed and implemented a regional attraction and retention program and relocation allowance plan

Supply Chain Management

Responsible Procurement
  • Prioritizing local suppliers, particularly Stewart and Hyder based businesses and Nisg̱a'a-owned businesses

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

Awards & Recognition

  • AME Safe Day Everyday Bronze Award (2022)