Paramount Gold Nevada Corp.
Climate Impact & Sustainability Data (2014, 2020-06-30)
Reporting Period: 2014
Environmental Metrics
Water Consumption:150 to 300 gpm (long-term estimate)
Climate Goals & Targets
Medium-term Goals:
- Develop exploration decline
- Refine mine plan based on geotechnical data
Short-term Goals:
- Obtain necessary permits and authorizations
- Complete geotechnical drilling and metallurgical test work
Environmental Challenges
- Limited geotechnical data for the project
- Potential risks associated with the final outcome of permitting (appeals, litigation, delays, regulatory changes)
Mitigation Strategies
- Recommended geotechnical drilling program
- Adoption of environmental principles to minimize project footprint, protect water quality, manage waste, reduce carbon footprint, conduct environmental monitoring, implement responsible community engagement
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NI 43-101
Reporting Period: 2020-06-30
Environmental Metrics
Environmental Achievements
- Received the Excellence in Mine Reclamation Award from the State of Nevada’s Division of Minerals for reclamation efforts at the Sleeper Project.
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacted business operations and may negatively impact future financial results.
- Fluctuating gold and mineral prices.
- Government regulation or changes in such regulation may adversely affect our business.
- Competition with larger, more established, and better-capitalized companies.
- Speculative nature of exploration for gold and silver properties.
- Loss of key members of senior management team.
- Changes in regulations or violations of regulations may result in increased costs or sanctions.
- Reliance on independent analysis to analyze drilling results and planned exploration activities.
- Failure to maintain an effective system of internal controls.
Mitigation Strategies
- Suspended all travel for employees and consultants in response to the pandemic.
- Efforts to develop and maintain internal controls.
- Engaging experts to assist with operations and regulatory compliance.
- Implementing reclamation activities at the Sleeper mine site.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Excellence in Mine Reclamation Award